Publisher's Synopsis
Excerpt from Toll Roads and the Problem of Highway Modernization
Progress in automotive transportation depends on continuing technological development in the automo bile and allied industries, and on the provision of adequate highways to' permit the benefits of scientific advance in the vehicle and its operation. In the past we have directed the major part of our efforts in this field to the vehicle itself, yet the cost and quality of the final service depend on a balanced development of both vehicle and highway. Failure to give proper weight to the importance of the highway system has resulted in excessive transportation costs and inferior serv10e.
There is growing recognition today that substantial modernization of our highway system must be under taken to achieve the economy and quality of service which the vehicle is capable of providing. A significant current approach to this goal is the development of toll highways. Many states are authorizing, constructing, and operating toll roads as a means of overcoming as quickly as possible their most critical highway de ficiencies. Re-emergence of the toll road raises the question whether this method of financing and pricing highway services offers a desirable solution to the prob lem of reconstructing our principal highways, and whether traditional methods of highway finance are able to meet present-day requirements.
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