While talking with my nephew at dinner yesterday, we got onto the subject of steam locomotives. Surprise, surprise. He said something I had not given much thought to. That is the balancing of the side rods and wheels. I had thought that the drive wheels were counter balanced to the drive rods. That thinking led me to believe that since everything was balanced, running on welded rail would not do as much damage as running on jointed rail. Not so, according to him. He explained that the balancing was not as accurate, for lack of a better way to explain it, than I had thought. So there is pounding on the rails. Therefore, most railroads don't want steam locos operating on their track.
To my mind, welded rail is more stable than jointed rail. Plus I believe modern rail on class 1 railroads is heavier than in the past. I may be incorrect in all of my assumptions however.