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The biggest factor is that transportation technology overtook the trains. In the early 1900s there were no paved highways and few cars and trucks. Almost everyone traveled by train. Today most people travel by automobile or airplane. Trucks today haul much more freight than railroads. The railroad still plays an important role in hauling coal, grain, and other freight, but it doesn't have the monopoly it enjoyed during the homestead era when people had no choice when it came to transporting themselves or their products.
2. The tobacco companies recently agreed to settle a government lawsuit that would cost them 360 billion dollars over the next 25 years...
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