World War II destroyed the European rail system,

二战曾毁坏了欧洲的铁路系统
and because it was destroyed, and because of the U.S. Marshal Fund,

正因为这样还有美国马歇尔计划的资助
which paid for an awful lot of reconstruction,

欧洲得以重建
they started more or less from scratch and made the thing work.

它们从新再建并顺利进行下去
We had this higgledy-piggledy remnant of a previous period,

我们有这些杂乱无章的历史遗留问题
and never really made the investment by socialism or capitalism.

并且没有社会主义或者资本主义的投资
The challenge of finance was equally important,

财政的问题也同等重要
perhaps more important.

或许更重要
Historically,

在历史上
projects that involved high capital investment were funded locally.

大型资金投入的项目通常是在当地集资
People made investments within small circles,

人们在小范围内进行投资
within one city, within the people who lived next the zone

在同个城市内或在临近城市区域内