AGREE ON TERMS FOR TUNNEL LOAN; R.F.C. Engineers Approve Compromise With Port Au- thority on Hudson Bore. GRANT IS EXPECTED SOON Interest on $75,000,000 Is Put at 4 1/2 Per Cent and Part of Reve- nues May Be Retained.

WASHINGTON, March 28. -- After a year's delay, the Engineers' Ad- visory Board of the Reconstruction Finance Corporation has come to terms with the Port of New York Authority on the latter's application for a $75,000,000 loan to construct a midtown tunnel under the Hudson River from Thirty-eighth Street in New York City to Weehawken, N.J. View Full Article in Timesmachine »