The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-10-27

The inquiry into the question ofthe of allow
Ing Issss 10 be eoas'rae,edin Broadway sssrssumsd
yetsdsy afternoon before the Committee oftbe Borda
Alderman NJ the City Hall The proceedings were oom
nsnc.d by Mr.. Davies Who wished svs sxpisnsion
With refad TO ths remarks he hsd made Friday last
lie be COMMITTEES might suppose II strange nrss
sight that the stropgsst opponent r'osf Ia Broad
wsy should BE- those who would aGsr the lsgeas bonus
for the privilege Of working the ssme TIE grounds for
such f.rs sTe these We believe the poo impracdc,be
and impossible without the sacrifice u graf existing Ia
teTes-n eresis which by fair compusti1 Hpsuat %
about eight millions OF dollars exclusive o. tbs Seprscis
ton q property along the itns wiz
miller ,eht OF way 10 feet wide, IS 27i $50,
Omnibus interest destroy ed aud rendered ne.
RUS NV, me nj DESTROYED - go 900
Grand to,al Of. ss2liqoO
That the plan only be made feasible rrac;,,a or
the equity Justice Of seizng upon such amount Of
individual and sic property and conveying &c bodily
that II IL for The public welfare these psres toas to
be tborn 81 heir bard acquired claim Inc right Of
sne' utedn tho place o. there public bensfActors
(so called provided they will do all for tine public good
which there public ben,fsctors you'd do that If tue pro
poed railroad in Brosdsay eau be made practicable BY
the Common Council for thsse petitioner and they Will
dsts, mine make II then the Comm Council
also make 1t practicable for any other party We deny
that the Common Council make IL practicable with
out the immense sacrifice Of interests referred TO
But that sacrifice must and shall place for the pab
lie convenience then We claim that the pare. yisldos
thete interests sbould have all the beoadn which
flow from them fhe public in yielding f so be) TO this
enterprise right OF say worth so,6ooOt0 should
get an equivalent for u; and the enterprise 10 en-
trusted 10 any oHs give 1t to those Who understand
tn. business the omnibus interest which IL grea ct
individual suersr They have offered cent for every
pYttrg'r conveyed and guarsntee that it shall squsl
$50 Geo per annum The estimated amount Of pas en-.
@ % or os 1s M
with interest sddec msket the neat little OF So o52
was not aware that the omaibus interest vss about
to make ibis proposition or should not have sde tue
offer which did on The day Of the last meeting; but
repeat now which Green tally this that would,
for the privileges which these petitioners for rsosd
broadway ask, give million Of dollars, payable in
ten sqnal yearly instslDens of hundred thousand
dollars each and agree carey passengers miles
three cents and that distance Ave aud give
ample security tor the performance Of the contract
DO not mako this proposition In the hope that the Com
positive determination to have railroad in Broad ray
at MI hazards IT all rsks and in defiance OF large
moorty Of intellig Mt citizens against the protest
Alderman SruRrEvAsr objected to ths. IMPRESSION aud
thought was dsresp' crfal 70 the committee Nc Da
vie had right pre- suppose that the committee had
resolved u grant the railway.
Mr. DAVIES begged pardon and then prccecded-Even
at this bly, Der income to De der ,ed from
holy foe Of the pride aud convenience OF city
and the grave interests connected With It, the puoic
would not b. ~ we'll faotorily
they ara with the present system of through
Brosd~sy But II neither Of these oers be accepted
no better made, then the Common Councu bOund
by every obligation Of duty and their trust If
the lad be ALL exp4nd tho $3.50 coo to make
It for the city and let be payers have the full bcasft
OF the 81 500 COO which will be the inoome OF this
for sscs snd every year fnot ,ho full extent tho
ipcreass Il the ci ell soon make 1t This sum II
nearly halt the entire Of the city Of New York This
result IL true the working Of the road be- practicable
possible in the manner proposed by the petit in
any ohsr by Shich he 10000 10000 people that
will soon be required be moved in Broadway per day
BE- seductd into these noiseess swift gliding easy
conveyanceen
When Mr. Davies had concluded he again asked pardon
and Alderman 5rURTEvA,T observed that Mr. sickes
and he other gentlemen we're absent the inquiry had
better be adjourned tiu 10 day ut o'clock.
Mr. Widths here entered the room and short con-
yerstiou ensned him and the Chairman the
suit Of which that Nj whiting would
present. Al the ssme time the Chairman thought IL
would he advisable 20 continue the inquiry day till
Il should terminate