Evening star. [volume] (Washington, D.C.) 1854-1972, 1959-11-09
T RANSlT
TRANSIT
Administration Urges Treasury Loan

phaSlS OF pOSSlDllltleS OF aQol-
tional Federal financing for
freewayS was in line with the
administrations growing con-
Germ nationally over Federal
expenditures for highways.
Private Role Urged
The policy document also
urged that every consideration
be given to private enterprise
in devloping this areas trans
portation sySte m and that
special pains be taken to pre-
serve the beauty of the Nations
Capital.
In backing the proposed
transportation syst m, the
Budget Bureau stressed that it
was not supporting at this time
any specific highway or transit
route proposed by the planners.
Mr.. Stats stressed that the
Federal aid would be a loan,
rather than a contribution. An
authorization for such a Treas
ury loan would be part of a
Legislative draft being prepared
now by the Budget Bureau.
This. legislation will be for
warded to Congress by January
or February, Mr.. Stats prom
ised Senator Bible, Democrat
of Nevada, chairman Of the
joint committee.
The administrations legis-
lative proposal will encompass,
besides financing, the trans
portation survey recommended
tions for an interstate compact
and the Federal corporation to
start organizing area plans.
Would Authorize Loan
1.-THE bill simply would au-
thorize the Treasury to loan to
the corporation" Mr.. Stats
said, in answer to questions.
THAT is why we say the trans
portation system eventually
must be self supporting - so
that receipts can repay the
Federal loan"
Budget Bureau aides ex-
planned they envision the set
up here as a parallel to financ-
ing the ST. Lawrence Seaway.
How much money should be
regularly budgeted and how
much will involve deficit f.
nancing, I am not prepared to
say" Mr.. Stats told commit
tee members.
"At this time, we recognize
only that there should be initial
help from the Federal Govern
ment, since this metropolitan
area represents the Nations
Capital, as we'll as separate
State and county jurisdictions"
He said he had solicited
views of 81 Federal agencies
on the transportation survey.
Sixteen of these agencies have
programs that would dovetail
with transportation planning.
All are free now to forward de-
tailed analyses Of the survey
to the Bible committee.
Future Of Capital Cited
1--WE have given emphasis
and taken time to deal with
this major, important problem
not only because the future of
this metropolitan area but the
future of the Nations Capital
is at stake" the administra-
ton representative testified.
I'VE feel the survey is OF
great Importance to our own
Nation and to other nations be-
cause Washington is the most
important capital of the free
world" he emphasized.
Representative Broyhill, Re-
publican of Virginia, asked him
how much of the area trans
portation expansion should be
handled by private enterprise.
The Congressman insisted that
existing transit systems should
| be worked into this program.
THAT will not be easy, since
we have so many transporta-
ton companies involved" Mr..
Stats replied. But it can be
done and we feel it must be
done"
Senator Bible stressed that
his group does not want to get
Into specific CONTROVERSIES dur
ing its hearings II week. He