N.Y. Bridges and Tunnels New York/New Jersey 47/31 § 1: No title

Chapter 47 of the laws of 1931 relating to

bridges and tunnels in New York and New Jersey.

Section 1. The state of New Jersey by appropriate legislation

concurring herein, the states of New York and New Jersey hereby declare

and agree that the vehicular traffic moving across the interstate waters

within the port of New York district, created by the compact of April

thirty, nineteen hundred twenty-one, between the said states, which said

phrase "interstate waters" as used in this act shall include the portion

of the Hudson river within the said port of New York district north of

the New Jersey state line, constitutes a general movement of traffic

which follows the most accessible and practicable routes, and that the

users of each bridge or tunnel over or under the said waters benefit by

the existence of every other bridge or tunnel since all such bridges and

tunnels as a group facilitate the movement of such traffic and relieve

congestion at each of the several bridges and tunnels. Accordingly the

two said states, in the interest of the users of such bridges and

tunnels and the general public, hereby agree that the construction,

maintenance, operation and control of all such bridges and tunnels,

heretofore or hereafter authorized by the two said states, shall be

unified under the port of New York authority (hereinafter called the

port authority), to the end that the tolls and other revenues therefrom

shall be applied so far as practicable to the costs of the construction,

maintenance and operation of said bridges and tunnels as a group and

economies in operation effected, it being the policy of the two said

states that such bridges and tunnels shall as a group be in all respects

self-sustaining.