Business: Help for Highways

Through the House Ways & Means Committee last week rode a bill to save the nation's $41 billion, 41,000-mile highway-building program from skidding to a halt. The committee, which ten times has vowed never to boost the federal gasoline tax, changed its mind; it approved a 1¢ hike to 4¢ a gallon, effective for 22 months from Sept. 1 to June 30, 1961. The lopsided vote (16 to 9) marked a partial victory for the Administration; it has championed a fiveyear, 1½¢ boost, bucked a congressional bond-floating plan that would have added huge interest...