In terms of time penalty, the 20-30 minutes of travel to get from the North Tryon station (does it even have a name? Charlotte Southern Station?) to, well, anywhere is probably the easiest to fix.
Also worth noting that the attitude of governments at the time was not just “we’re not going to help,” it was “these railroad companies are made out of money(1), so we are going to use every regulatory tool we have to extract as much value as we can out of them.”
- Indeed, many of the great fortunes of the prior two generations were made in railroads and more importantly the ancillary businesses they enabled – never mind that was already yesterday’s news and that the “underdog” auto industry had become the new titans
Oh, so that’s what the second floor of that station is for.