Governor Backs Rail Bond Issue For Upstate to Offset Aid to City
NYS Gov Malcolm Wilson will reptdly recommend that state bond issue of $250âmillion for commuter and upstate rr improvements be put to voters in fall; resurrection of bond issue is seen reflecting impression that gasoline shortage and threat of abandonment of rail lines have made public more amenable to such financing; small size of proposal in comparison with $3.5âbillion proposal rejected last yr and planned use of funds mainly for rrs outside NYC, balancing Gov's downstate fareâsubsidy plan, noted; Wilson's aides say bond issue will be proposed as part of Gov's transit package; possibility of bond issue is raised by Repub Legis leaders, Assembly Speaker Perry Duryea and Sen majority leader Warren Anderson, through their Transit Com chmn, Sen John Caemmerer and Assemblyman George J Farrell; Caemmerer and Farrell emphasize state needs new source of capital to prevent abandonment of rrs and take advantage of aid formulas under Rail Reorganization Act; Caemmerer details benefits of bond issue (M)