The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-30


last in position 10 complste the delivery II {,
the number - asrcuunt tickets zecessary Tor
the accon,ms dation Of the public. The rumor
that The delay arose in consequence Of the dis
tresepg financial difficulties 10 which the COM
pany were invo we'd by be advance 10 the price
Of coats, and the other untoward circaus ances
delicately and vaguely hinted ut In The expiana-
tory card which prefaced the new regalasi as, il,
WE are assured, totally W th"ut T. nndatioa, a.
their printers declare that their confidence in
the concern has not been for moment shaken
by the Iamentable picture therein drawn Of its
E disbursements. We believe that with the
great mechanical resources OF the firm favored
10y The G mpaDy's orders, day would have
suffced TO throw OF any amount Of tick is that
might have been required to meet the demand,
and therefore W. must look for an explanation
If ibe delay in some other quarter. Some
people are i'll DatDred enough To insinuate that
the drag compl lined of in the Operations of the
printing establishment to which we refer was
applied ny the express orders of the directors OF
the company, but we have too much confidence
IN The good faith and dsinterestedness of the
management OF its affairs, to attaco any creiit
to 70 ungenerous an imputation. We are rather
inclined to attribute the inconvenience t.
which the public have been put to the
more rational cause which the friend
Of the company assign for it, namely
the me necessarily taken up in marking aid
checking the vast number Of tickets which they
tuvo IL II To-
fanlt Of the directors, it, in sp te of their anxiety
To press forward the completion of their new
arrangements, the result of this unforeseen OBJ
stacle has been to force in q large amount of
| revenue which they had not calculated upon,
and which it has gone against their consciences
| to pocket. We eau only set it down as one Of
those melancholy necessities to which The best
intentioned men are sometimes obliged to sub
NIT, and which require no small amount Of phi
losophy to endure without wincing.
Equally unfortunate is the position of the
company with regard to another Of their regu-
lations which they had benevolently announced
as q tort of palliative to the distasteful mea-
sures to which their pecuniary difficulties have
driven them. They had intended, we under
stand, to put the communication system into
OPERATION coincidently with the oth.r altera-
II, MS in the fares but, owing to a variety of
circumstances too numerous to mention, they
were only enabled to hold out a co ldltioaal
promise that 1t ehould commence on the first OF
September next. Amidst the number o. cou-
f1icting rnmors which have been circd ated as
to the causes Of its postpo aement, the only one
that appears to US plausible Ia the diiieulty
which the directors have experienced in dnling
astatiseician capable of calculating with the re-
qnjste nicely the base on which it sooutd be
established 1t is es. entail to the proper working
of the plan to compute with accuracy the exact
amount OF add tional pressure which the 20 ,rer
classes of passengers are capable Of beariag.
aud the amount of relief that can be afforded t.,
the overburdened owners of real estate. We
cannot sufficiently applaud the generosity and
delicscy which induce the directors t, submit
to this delay in the completion Of their arrange
ments, in order that they may take into care
full consideration the different interests likely
to be affected by them. We are the IRE
sincere in the expression of our aimiratio,
from the fact that in this as in the other il
stance already alluded to, every day lost do 3
q positive violence to their feelings, as the
amount that has already 40 we'd into tneir Golfers
from it's postponement far exceeds what they
hoped or desired to obtain to make up for the
heavy losses v hich the rise in Goals and in oil
had inflicted on heir exchequ+r
With that consistent liberality and regard for
the interests of the public which they have
always evinced, we understand that the mana
gers Of this respectable concern do not intend
to add the surplus thus Unexpectedly obtained
to the modest reserve fund, which they have
laid by to provide for unforeseen contingencies
DESTROYS to make their kind aud indulgelt
patrons, as the phrase goes, participate in
the benefits which have already resulted
from their recent judicous alterations,
hey propose opening rev ferry be-
tween Atlantic street and Hamilton avenue,
the preparations for which we believe are al
ready commenced. As soon as the necessary
arrangements are completed, another alteration
II is said will be made in the fares Of all the
beats under their jurisdiction, so that the com
pany will in this way keep pace with the pro-
gress population and traffic, and open up rev
iscii,ies 10 the Inhabitants Of BROOKLYN The
quarter Which the new ferry will serve is, to be
cure, at present rather scant OF inhabitants but
AS it, residents are principally from the Enc
raid Isle, there is no doubt that they will ra-
pidly multiply and render it prolific source
Of revenue to the company. Whilst awaiting
this result ii will Of course be necessary for the
dift ctors to lay n an additional penny on the
fares Of the other ferries. for Is would be Oh
viously against all calculations of prudence for
them again to encroach upon their reserve
fund. There will probably be another rise 10
Lacka~ anna and blnbber, and they must no,
be caug { untrspared for any more disastrous
fluctuations in the whale market Thov cs.