Baltimore Belt Line pulled by horses along Pratt Street between the B&O's Camden Station and the PW&B's President Street Station. In 1884, the PW&B was purchased by the Pennsylvania Railroad (PRR), a major rival of the B&O, and the PRR cut off the connection. The B&O then proceeded to build its Philadelphia Branch (formally known as the Baltimore and Philadelphia Railroad) to connect to the Philadelphia and Reading Railroad, in turn connecting with the Central Railroad of New Jersey for B&O's New York service. The combination also provided a connection to the Staten Island Railway, which served as the terminal switching company for
Franklin B. Gowen president, Charles E. Smith, so that when Smith took a needed ocean voyage for his health in mid-1869, 33-year-old Gowen was put in charge upon Smith's recommendation to the Board of Managers. When Smith was unable to return for the next board election in January 1870, Gowen was elected president in his own right, a position he would occupy for more than a decade. The Philadelphia and Reading Railroad was a regional carrier only, not a trunk line with its own through connections to Pittsburgh, Chicago and beyond, like the Pennsylvania, the Baltimore and Ohio (B&O) or the Erie railroads.