Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-05-29


level, business and civic leaders
should give strong support to
these moves, declared John w
Thompson, jr., associate editor
Of The Star, at the final session
of the leagues SIND convention
at The Homestead.
He warned that overall
problems of water, sewerage
and transportation cannot wait
much longer and that they
must be solved in the 1865 or
projected growth cannot take
place.
Mr.. Thompson and speakers
at a panel discussion after bis
speech reminded the savings
and loan executives one of
their most pressing problems
will be keeping pace with area
growth within the narrow limits
of the District of Columbia.
Lobbying for Maryland and
Virginia legislation to permit
che associations to operate in
those adjoining States was
suggested. Some District as
sociationS now have branches
in nearby Maryland but are
prohibited from establishing
any more. No District branches
are permitted in Virginia.
Population Mounting
Mr.. Thompson, who is a pub
lie director of the Federal Home
Loan Bank of Greensboro, N. c.,
and second vice president of
the Metropolitan Washington
Board of Trade, quoted esti-
mates that present area popu-
lation of more than 2 million
will increase another $4,000
during the 1960S, and also a
prediction that py the year
1000 Washington and Balti-
more will join in enc great
city of 9.5 million persons.
Then he turned to a report
of Army Engineers predicting
a coming water shortage unless
dams and storage facilities are
provided to conserve Potomac
River water.
unless appropriate storage
is undertaken during the 1865,
by 1878 Potomac water will be
consumed at peak demand as
fast as it flows into the present
dam and intakes at Great Falls
and Little Falls" he declared.
BY July or August, 1875, you
might see, if the projection is
valid, the river bed dry between
Little Falls and Chain Bridge.
Below the bridge the bed might
be filled with salt tidal water
from Chesapeake Bay and our
water front might become a
salt marsh with sewage affluent
floating in and out with the
tide. People cannot, and. if
they have a choice, will not
live where there is inadequate
water.
Transport Problem Cited
THE transportation problem
cannot be solved by the District,
Maryland and Virginia sepa-
rately and that is why a single
agency working in all three
Jurisdictions will be necessary
he declared. II am convinced
that pressure for a solution to
the transportation problem will
force an overall transporta-
ton agency in the next 10
years"
In the panel discussion,
challenges of the Sixties" T.
w. Blumenauer, jr., executive
vice president of Columbia Fed
eral, said the most serious OBJ
stacle to district associations
keeping up. with area growth is
their inability to establish
branch Offices in nearby Mary
land and Virginia.
Nearly all of the areas pro-
jected population growth will
be in the suburbs in the COS and
it is in fact one city" he en-
phasized. Some planning
boards have come to realize this
and I think it is imperative that
the Federal Home Loan Bank
Board as we'll as the State leg
islatures should realize this and
take the necessary corrective
steps.
"As area population extends
out farther and farther from
the central city and employ
ment opportunities continue to
expand in the suburbs the prob
lem of retaining those people
as savers in downtown associ-
atoms will become increasingly
difficult"
Morrison Speaks
w. Franklin Morrison, execu-
tive vice president of First Fed
eral Savings of Washington,
said his association would be
first in line if the nearby States
decide to permit distric t
branches. 1t is the second larg-
est in the capital and has no
branches in the suburbs.
Mr.. Morrison also outlined
efforts to invest liquid reserves
profitably in Government Sc