CONSENT OF INDEPENDENT AUDITORS


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                                                             EXHIBIT 23


            Consent of Ernst & Young LLP, Independent Auditors
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        We  consent  to the  incorporation  by  reference  in  the  Registration
Statement  (Form S-8 No.  33-29136)  pertaining to the CSX  Corporation  Capital
Builder Plan of our report dated March 23, 1998,  with respect to the  financial
statements and schedules of the CSX Corporation Capital Builder Plan included in
this Annual Report (Form 11-K) for the fiscal year ended September 30, 1997.



                                           /s/ ERNST & YOUNG LLP
                                           ------------------------------------
                                           Ernst & Young LLP

Jacksonville, Florida
March 23, 1998

































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