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....
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