New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-03-23
BROADWAY RAILROAD.
IN SENATE. Msrth 10, 1868.

certain streets and "
the city of New-Y oTk."
The Committee on Railroads, to which was re-
ferred the proposed act emitted "An act tosuthorze
the construction of railroad in certain streets and
avenues of the city of New-York,"
REPORT:
That they have given the proposed measure care
full and deliberate consldeFal1n, aud have afforded
70 ali nar,es in interest full aud patient hearins
Their meetings have been he'd upon puUlic notice
through the press, and the whole subject in Its de
tails as well genee features, has been thoroughly
discussed by Individual o0jectors and by thell
counsel.
The bill in question proposes to authorize the con-
struction OF a railroad Ia broadway, IL the City OF
New-fork, and On the routes OF the stage lines
operated chiefly Oh that great thOrOughfare. Il pro
vdes 1or the por5hass entire removal OF all the
stages embraced Ill the liOes in question and the
construction OF branch Railroad connections With the
markets, ferries, misunderstanding aud railroad
0epoto-unllDg IN one comprehensive central system
OF railroad conveyance all the chief pous OF bust
ness and public travel OF tine city, The fare IS 10 DO
a. rate reduced below that charged III the stages,
50 that the citizen fna quick and easy nc
Gees from his residence TO MS place OF GUS
ness and To every other part OF the cltyi an"
the traveller, hndios at any point, may De
at conveyed bis destination, at
any distance within the clty lliss az Tue unH0'in
fare vi five cents
The bill provides that the grantees shall pay 20 the
stage prcprIe,ors not ouly The value OF Tie stages
o.,
ness bat also the value OF che franchises ana pHVii
eyes uossessed by tue ia telr eAlshug rght 10 o.
c0py The streets and avenues enof"oed Ia 'Hei'
RESPECTIVE routes-lnvo,vllg Tie expenditure U.
nearly ST. 500 900 al tue outset Oh The enterprise.
The bIi also provides Tor COMPENSATION to inulvid-
usIs for any private iigt or Interest oWatd II any
oil the streets OF avenues over or upon WAich saeh
railroad is proposed 10 too laid, snl SUBJECTS the
Grantees to sucn reasonable rules and regulations
the Common Council ot said city shall pre- crlOe.
The railroad is req IreG 20 be LAM GA the IA lst up
proved plan for toe construction vi city railroads,
and &c be run aS Olteu as the convenience oil pasen'
gers may requre and tue grant is proposed 1" DE
made 10 responsible individuals Iesdin III iAe city
of Ncw-lork directly or INDIRECTLY Connected with
the pUOc carrying Ousuess % that c!ty aud having
SPECIAL knowiod-o and practical experience III That
oi1eoiiou. james Marphy, Arst named ia the biil
II owner oil TIE Madison avenue line OF stages.
jesse A. Marshall Is President oi tao New-lOrk
Consolidated Stage Com.aby Jacob Campbell
Treasurer Of SAD Company; Charles JOHNSON sioek-
holder Of the khIcae. booker Stage Company
aud the Others Gesi ,n"ted havlus more
or less connection VITA similar Interests
or OF railroad complnIes tie value o. whose routes
will be Impaired ty Sac operation Oh such railroad
The grantees are also IeqGTed ~ pay the same IL
Genre anUually 10 tAe Guy as tno eAiosiug cty
railroads, lAeev are Tie general features u Tie ON
IL question.
Your Committee have been attended by but two
classes OF O1JectOTs:
Fint; Certain owners Of properly, represented
BY Mr. a. 1. SttNAIt, tue NellshnONn -SOois
merchant OF the Coy vi New orb, who believe
thai the establishment OF The proposed railroad viii
BE- Injurious TO their property who have always con-
eistenIy opposed the construction vi a railroad IN
Broadway, ana WHO declare their determination ~
resist the measure By every neaus III their power.
Aud, secondly, the representatives oi parties ciad,-
ing The grant for themselves unGe. another Diii
pending III tue other House, aud who have no Ia
terest Involved III 10 be Affected by The measure,
except their expectations under Their proposed acI.
Mr.. Stewart stated that Ge had individually opposed
the construction vi l. railroad OH broadway irom tue
introduction vi city railroads genera means OF
travel IN nGt city, now eleven years ago, ana among
the chief GROUNDS oil objection presented oy hii s
the pJist mat the proposed act contemplated what
in his Judgment amounted 10 Too eAte!isiVe pusi'
ne,. or monopoly iii h- bands OF The grantees; but,
as viii appear hereafter, not eteater III iinclile u
materially more eXtensi7e than nss ior many years
pas. been enjoyed ty Tue Consolidated Stage cOnpa
mes oil that CIIy.
Although many and great improvements have
been Mace ill THIS mode OF conveyance, ana public
OPINION, which was originally entirely opposed 10
the establishment OF Ciiy Tallsoado, has apparently
wholly changed ia regard 10 tLeir eApedieney ana
yalI. and ne rail- oads 40 in operation A. tue City
OF Now-Yoik are held 10 be all Indispensable
necessity 10 lis ciilzeus, me hoSlnty vi MI oto"'
srt ~ the project OF estaoisninS rail
road in the ,eulral thOrOugh iare and great
highway OF travel OF ihat city seems t.
have grown with time and strengthened with sue
cesblui Opposilion. IAe most Intense bOsLiy " liz
measure Gomez, however, from tae parties 4eierreC
20, who az seeming tbs grant for thelvselVes unde
the ASS inJly bl Il parties baye beou unsuc
ces.iui APPLICANTS tOr tIe grant Of d railroad u
BrUad way several year past, aud Low 10y ciaiu
81 PRECEDENCE chiefly Oh thai ground. Hey nav
appeiareO Ueiore yOuT Cvmniitee ~ The Sehtiema
who been III Il obent III Tie Capitol duilh3 IN
eDtiic period Of their shiiye eAOr ana Oy coun
sci IrsI1ent at Albany. Ileir prominent ground U
Argument COBsiste0 OF attacks upon tie sage inter
est. proposed ~ be iGGem-iisd, and objections L
the L.Ode la which those arls conducted tner bust
ness.
Iueee two opposing interests combining agaiD-
the bill under Consideration, have arrAyeI ali th'
prouuds OF objection whioa their great Zeal, and tn
ingenuity aQTOltLess sid elaborate Industry Of thel
able lTiTae cyuisel could eaggest, aIid lave sO0gh
Oh each eide TO esiatlsn THAI they re res-ne puD
lie RcbLliuent, the AGO tlOl OF tief views wOgt
prosloLc tue public welfare. IL tie views y
tn fist class ci CbjcciOI5 should prevail
IDust Uo decided that 40 railroad can ever re intro
duced Oh Bro .dway 10 cOupect Tie severa. poiAt
embraced this Dil; or, al all events not unti Tia
views OF Ine OuJectCIs change, aud IHey give tDei
coun..nt thereto. And II tue second succeed, TIL
railroad ought 10 D. constructed only upol the gran
beiuu liyen 10 them, aud n,t Otherwise.
la ooulros oTsy involving III opposition such arg
interests, Representing so much mOicyed capital U
the one eide and 50 much OF expected advan ages /
their own scheme Oh TIE OtJcr; Simulated by prd
OF OPINION successfully upncld Tor 10 ions periOd
the eaierieuce derived non many sniilar cOntests
aud tue natural ardOr Oi The rivai ciinants apqrt
hensive hat their long hoped Tor speculation ma!
realized by other parties, 1t Is noi Remarkable Va
the GlecuSaOns nave Desu attended Win mucn e&ci.e
aneni and pers JLal feeling IL IL proper 10 remaf
In this co.ne tom thot hlessrs. Stewart and Oc
ates, alter argaing strehuousy that no r,ulrOa
eugbt ~ DO laId IN BIo4dway, and debating tDei
determination 10 reeist Ito construction by ever
means Ia their power, finally offered agree TO pa
i0r the grant large sum oil money II 1, were ms