September 15, 2001 12:41 PM

U.S. Senator Charles Schumer (D-N.Y.) acknowledged on New York’s WCBS-TV Friday night that federal money has been allocated to rebuild the twin towers of the World Trade Center. He also cited the generosity of President Bush’s budget of $20 billion to help rebuild New York, especially considering that the city and state did not vote for Bush last November. “He easily could have said, ‘$5 billion and that’s it,’ ” said Schumer. “But he didn’t, and we thank him.” Schumer suggested that possibly exact replicas of what had once stood would not be duplicated, “but something similar,” he said. Early Friday it had been reported that the developer whose investor group had purchased a $3.2 billion, 99-year lease of the Trade Center only six weeks ago had vowed to rebuild the complex. He also wishes to resurrect 7 World Trade Center, a neighboring building that also collapsed, the Wall Street Journal’s online edition reported. “It would be the tragedy of tragedies not to rebuild this part of New York,” said real-estate magnate Larry Silverstein. Not to rebuild, he said, “would give the terrorists the victory they seek.” The World Trade Center had served as an anchor to the southern tip of Manhattan, a landmark, although it had been a controversial landmark when it opened in the early ’70s, owing to its gargantuan size. Its tall, gleaming steel towers were visible to all arriving planes and ships and provided a majestic backdrop to another monument directly across from them in New York Harbor, the Statue of Liberty.

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