Word: tolls
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Dates: during 1920-1929
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Over the Ohio River at Madison, Ind., there is use for a bridge; over the Missouri at Hermann, Mo. and Courtney, Mo. are similar uses; and at all three places public authorities, too poor to build bridges at common expense, recently authorized private individuals to build toll bridges...
Last week J. G. White & Co., world-famed engineers and financiers, advertised that they would sell stock in the National Toll Bridge Co., just incorporated especially to finance those three bridges...
That advertisement followed by a fortnight the advertisement of H. M. Byllesby & Co. and the Federal Securities Corp. to sell debenture bonds in a railroad and highway toll bridge over the Mississippi at Vicksburg, Miss...
Between the appearance of the two advertisements Governor Smith of New York vetoed legislative measures to enfranchise toll bridges across the St. Lawrence at the Thousand Islands, and across the Niagara River at both Tonawanda and Niagara Falls...
Governor Smith gave five sharp and sane reasons for his veto: 1) public authorities can finance bridges at lower cost than private; 2) bridges are public and the public should own them; 3) privately owned toll bridges are as old-fashioned as privately owned toll roads; 4) the particular New York franchises sought were practically perpetual; 5) if private corporations can make money on the construction of toll bridges, the government...