Complex sentence: In 1933 he had formulated a widely debated program, known as the'Prince Plan' of consolidation for the nation's railroads, a plan calculated to save the railroads $740,000,000 annually.
Split into simpler sentences: In 1933 he formulated a widely debated program for consolidation for the nation's railroads. Known as the' Prince Plan', it was projected to create savings for the nation's railroads of $740,000,000 annually.