TRANSPORTATION: Bridges v. Ferries

Highway traffic, like many another thing, follows the cheapest route. Operators of the New Orleans-Pontchartrain toll bridge have made this unhappy discovery. The great span was born under politics, and politics in the form of free state ferries across the lake, caused its financial demise. This month, after a year's profitless operation, it went quietly into bankruptcy, unable to meet interest charges on its $5,500,000 construction cost.

Behind its failure is a story of petty Louisiana politics. Each bidder for the bridge franchise secured the services of a former Governor as counsel....

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!