Part 6, Chapter 40 Point of No Return Summary

The Triborough Authority continues to earn money. He has $21million in 1953. When the subway is faced with another fare increase and the legislature wants Moses to bail them out, Moses returns from a Caribbean vacation and tells them there is no surplus, that he doesn't have the funds. Moses knows that he has to keep the Authority busy building projects and issuing and re-issuing bonds to keep himself in power. If the bonds are ever paid off, there will be no need for tolls or the Authority. To qualify for interstate funds, the highways have to connect to other states and be part of an interstate system. New York's system needs to connect to New Jersey. What Moses needs is now under the control of the Port Authority. They are too big and...