While I was reading up on this, I found that some businessmen want to raise the 120-year-old idea from the dead: the Central Railway, which would re-use part of the GCR corridor, and which would even be suitable for double-stack containers! *Lunatic*, n. One whose delusions are out of fashion.
http://www.eurotrib.com/comments/2006/11/11/64127/243/2#2
I got an email back just now from the former FD, Alan Stevens, who is now the CEO. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky