The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-02-02

Hxehange.
Yesterday afternoon meeting was called at the TX
eh1nge, In the following terms =
sA pubHc meeting OF the citizens and Of pro-
perty Ia the city of New York viii be held at the Mer
cAAnts Exchange Tuesday the hrt day OF February
two CT the act Of the senate Of the State q
New York Passed 2Sth instant relative to the construc
tion Of railroads in cities Of this State generally, and the
city Of New York in particular and TO take into consd
GRAFTON the reforms called for in city government
This call signed BY several merchants At the ap-
pointed hour there not more than fifty persons
present, and the prospects of excitement looked
rather blue. AT twenty minutes past two O'Clock the
meeting sweled to about hundred, which still looked
miserably small and cold Mr.. CHESTER opened the ball
by explaining soto to the reporters the nature and
objects of the meeting. After which he proceeded
to the rostrum, and in loud voice moved that the
following be the officers of the meeting =
President, George Griswold Vice Presidents James Tai
madge, Moses II. Grinnel 5. b, Mum General Lamb A.
r. Emo {. r. Kirkland, Philip W. Engs Nicholas Ludlam
stephen Wray leter Pointer, Edward J. Jaques Hugh
Munro, Edward Barker William c. Schermerlorn John j.
Hart, William Ga, r. A. Palmer j. he Peyser og len,
Chandler Starr Jacob Harsen Josiah Lane Secretarie
Thomas l. Davis James R. Whiting and Richard L.
suydsm .. ,,u. .s....a ;, j.. ,,,.,,, .ov.r,, .
Mr.. HuGH maxwell TO the first resolution.
He saidMr. President, beg leave TO Introduce TO the
notice Of this meeting general terms the object which
seek TO accomplish in reference TO the public measures
pending in The Legislature of this State and it
not to be supposed Mr. President that expression
by this meeting in this matter which has attracted
much public attention. say it is not to be supposed
that any expression here is give direction to the Lee
gislature of this State knowing that those gentlemen
Albany perfectly competent TO give such direction
the public int ests may demand But, Mr. President
you and these gentlemen here well know that expires
sion OF opinion coming from men, not merely from the
city of New York, but expression coming from
Who in point Of character who in point Of re spons
bity win have proper ana just influence in reference
TO an expression OF opinion a matter which agi
tatss this city peculiarly and which att aced the aten
ton Of the people of not only this State but the whole
United Stste-I say, sir anexpression Of opinion by
VINO are interested in having proper administration OF
municipal affairs, and who have interests which will be
ever sensiby affected by Just administration Of public
asrs-l say expression of opinion coming from such
win always be listened to with respect and at
tention without attempt to arrogate themselves
anything more than respectful expression Of OPT
MON to those rights and opinion coming in thi.
will always command the attention of the members
the legislative body who will receive these opinions and
act on their convictions understand Mr.. Chair
man that The object of the gentlemen who have convened
this meeting to be, merely in respectful to
give an expression OF opinion coming from the respon
sioe men OF this city the men OF integrity the men who
have nothing to do with the specuations recently
In m to the corrupt practices which have
President, regret exceedingly that the notice of this
meeting has not been more generally difused throughout
the city OF New York 1t notice to which had
attention directed only few hours ago; and there
Thousands in this city who wod have been here day
il they had known of the intended meeting and la ge
given still greater elect to the expressions Of opinion
those matters which attracting the attention of
the legislature is knoa in the Senate that the bill
has been passed with the view of guarding against the
abuses connected with municipal affairs and the OBJ
ect OF our present expression OF opinion to induce the
carrying OF the enscmen of the Senate through the As
sembly and to give confidence TO those who may be
well informed to the details Of this measure and
give confidence to men who willing to do right but
who ase, at this moment, informed and believe
Notwithstanding the representations that have been
made in the Senate and the expressions of opinion BIZ
OF the most respectable of this city with regard
to the corruptions complained of Aud is stated
fact that in the Assembly where the bill now is there
are decided efforts being made with the view Of defeating
that BILL or of modifying it in such way destroy
the eieency and effect to be expected from its passing
OBTAINING this meeting with reference
this so6ect-a subject well known to the c1ens-I beg
to noduce the resolutions handed me- for the appro
vAlbf the gentlemen here present.
Whereas the recent act of the Common Council of this
city, In authorizing the establishment Of railroad in
broadway, has met the decided dsapprobaton of the
Senate OF this State manifested by the passage of law
in relation to railroads in cities, therefore,
Resolved That the thanks of This meeting are eminent
ny due and hereby rendered to the Senator's who
ably advocated the passage Of that act.
Resolved That the favoritism which has been already
manifested by Common Council in granting permits.
sisa to establish city railroads merits unqualified
condemnation and amonishes OF the necessity of the
passage Of general law regulating he in which
such permission shall be exercised given to pre-
vent injustice TO the travelling public and oppression to
the property upon the line of the streets through
which such railroad may be hereafter constructed.
Resolved, That speedy adoption BY the Assembly, of
the said law, will save principal thoroughare from
the destructive effects Of private railroad monopoly
And nasmuch as since the issuing Of the call for this
meeting il has been aseerained that special committee
upon the subject of reforms generally of city govern
SAINT Institute the l2 January last have already had
the matter of such reforms under careful consideration
and completed project TO be submitted at public
meeting 70 be speedily called by them therefore
Resolved, That the subject of reforms called for in
city government be referred TO such committee the
more appropriate body, having such matters already n
charge and who viii speedily present them to the public
for approval
Resolved That committee of ten be appointed to take
such measures may be necessary 10 carry into full
effect the objects Of this meeting.
In conclusion, move that the resolution be adopted.
L. IA
the subject of this railroad Is not has been
vassed over and on again for the last twelve or fifteen
years and has always been considered nplacticabe.
without interfering with those who have right TO the
of the street The matter has attracted public atcn
ton and there hardly individual who is OF this
opinion. The further the matter is ,estgaed the
clearly viii this be discovered have not word to say
against TIE character Of the gentlemen engaged in this
prolect-they are al very good men,, But they came
before last with plan Of railroad such
heard of before in this city There three
tracks propoedone in the centre Of the street called the
Through" track. and the other two. each side
called the way tracks They said they would carry the
public these tracks for three On the strength
OF petitions with provisions of this kind they got 80 900
persons to sign petition 10 the Common Council, to
grant them the privilege of laying down the rails IN the
report made in September last b. the committee of which
was member, the people Of New York warned
they were told the whole story-they WIRE cautioned
not TO be deceived By three track line and three cent
fare and the deceptions held up to the public They
we're told that these gentlemen would back to tie
two tracks and five cents. What is the resuty 1t
like the tongue of prophecy No did they gain the
public confidence than they betrayed it, and then
on OF Two tracks ana I'VE
cents Now SAY, before this public meeting that not
one single petition for this railroad given in the
grant has been presented. The people Of New
York have been most grossly deceived IN this matter and
legislature have found il out without being told.
They viii tell you OF the you your foot in
Albany. IN his observations in the Senate, Mr. Taber
said he could BY calculations convince any reasonable
the community could through Broad
way for cent per passage and after hs dividend
OF one bur dIed cent be made the shares
Oaugher did not 90 deep into the calculation a.
that but according to the receipts of the Sixth avenuc
railroad, they well afford 10 pay fifteen millions
year rent, allowing eight dollars per for expenses
This may look large sum, but il is not large
when you look al It, The right Of way the track
the Erie Railroad for instance any other is valuable
according the value Of the land and calculating the
value O. the ground for the Broadway Railroad
according 20 the prices Of real estate in this city ii viii
synogpI I've and six millions of dollars That
cannot be decd This belongs TO the citizens OF
New York I'd thes to have the benefit in cheap
ares soms other At three cent fare the