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Martin W. Clement

Pennsylvania Railroad Company

1935 - 1948

Transportation

1930 b. 1881
male
EducationOneDegree
UndergraduateTrinity College
Personal
Born-Died1881 - 1966
BirthplacePennsylvania (PA)
RaceWhite
FatherProfessional
Era - 1930

When Clement took the helm at Pennsylvania Railroad in 1935, the largest railway network in the world, operating revenues were $368 million. Clement grew revenues to a peak of over $1 billion in 1944. One of Clementís major achievements, at a cost of $200 million, was the 1930ís electrification of lines from New York City to Philadelphia, Baltimore, Washington, and Harrisburg. At the end of World War II, Pennsylvania Railroad controlled 6% of the railway mileage in the U.S., but more than 20% of the nationís passengers and 11% of its freight.