In support of railroad subsidies?

An argument IN FAVOR of railroad subsidies and Sen. Fritz Hollings' "National Defense Rail Act" from... none other than William F. Buckley, Jr.! The railroads are heavily subsidized--but then again so is most major transportation. Excerpt:

The plan of Sen. Hollings is significantly to improve and to increase the availability of railroads, and he needs to justify doing this, at a cost of more than $5 billion per year, by persuading Congress and the public that however uneven the usufructs of rail travel to different parts of America, a national endowment is economically defensible, culturally desirable, and tangentially useful to the common defense.