The New York herald., 1870-05-16
BROADWAY RESCUED.
VETO or THE ARCADE RAILROAD BILL.
Power Of an Independent ana In
corruptible Press.
The Herald's Unanswerable Objections to
the Swindle Endorsed and Adopted
by Governor Hoffman.
The Bill Sent to tho Secretary Of State Without
Executive Approval.


over; the anxiety Of ali good citizens Is allaycd.
Supported by newspapers OF little circulation and
less influence, the projectors OF the most giganuc
swlnde ever bred Ia the foul atmosphere OF political
corruption attempted to deceive the public, hood
wink the Executive invade the rights OF thousands
OF citizens and fasten upon the great artery OF the
American metropolis fostering sore. But, unde-
ceived by the camor OF the few obscure papers and
persons committed to the swindie, the HERALD op-
posed the attempted outrage. The result Will be
found below. Governor Hoffman has vetoed the Ar
cade abomination bil The document viii be read
with interest by all concerned, and approved by the
public.
The Arcade Railroad Bil;-Objections of the
Governor.
The bill entitled can act to incorporate the New
York Arcade Railway and To provide ior the con-
struciion OF sub-surace railway in the cty oil New
York; was passed during the last hours OF The legls
latlve session, and did not reach the Executive
Chamber until after the final adjournment of the
two Houses. | have given TO 1t careful ana delibe-
the labor thrown upon OF considering nearly four
hundred other bills sent TO me, In Ike manner after
fne proiessed purpose of this project is TO give
increased facilities OF travel from extremity
oi tie city to the other and 70 and from
IN great need of additional means OF transit be-
sween that portion OF 1t devoted to business and
thar occupied chiefly for dwellings. The form OF
the city Is such that its growth eau go only In
one direction. AT its northern extremity alone
for the recreation OF its citizens is also point re-
mote IRON the centre OF their business The neces-
sfy FOR addirlonal facilities OF transit grows with
each year, and any measure which LOOKS supply
Ing so great want commeads itself TO favor with
a classes OF The community IN that city and is
utcd 10 attentive consideration from The authorities
OF the State. For these and also because or
the character OF It's chief promoters, among whom
are such Wen known and influential citizens John
A. Gr'swold OF Rensseaer county. ana ex-senator
Labau, OF Warren county named in the bill as cor
porators have felt my duty TO give especial
port which the scheme Is receiving from the
leading journals in the city OF New York doubtless
representing large share OF public sentiment in
cleases the responsibility OF my action.
Hle bill authorizes the hfry-seven persons named
IN 1t, or their ssgns TO form themselves into cor
poraton, WIFE capital OF $40, 0,o00 which may be
Increased 10 s25Oo0,o0o.
The company are empowered 10 locate, construct
and operate a snb-suTiaee railroad, on which steam
is TO be the propelllng power, lrom point in or
near the BATTERY up Broadway to Fourteenth street;
thence through Union square to Seventeenth street;
thence mp Broadway 10 its junction with Eighth
River Raiiroad il is not defined where this nnc.
ton shall be made; II may may not be at the eX-
treme end OF the island There Is also 20 be branch
NJ called, from Union square, up the Fourth avenue
10 Harlem rivcr. They are also authorized 10 enter
upon and appropriate amy street which crosses the
proposed route 10 the distance OF 100 feet for the
purposes OF depots stOrehouses light ventilation or
otherwise restoring the roadway their excava-
,ions In the same manner as over the main line of
their railway.
The company is, moreover, authorized to acquire
the title such rea, estate as may be necessary 10
enable them TO construct maintain and operate said
railway and construct ana MAINTAIN proper plat
forms, staifwtys, station depots and buildings or
other property az such points along said route as
may be most convenient and suitable Tor the ingress
and esress OF passengers and freight and requisite
lor the operation OF said railway and for proper COM
munica1on between said Platforms, starways, sta.
tion depos and buildings II the owner OF any prop
er:y declines TO sell may be taken against his will
ana hts compensation be fixed by commissioners ap-
pointed by the Supreme Court; buG the rule Tor esi
mating damages ana benefits in such instances Is by
tns Dill, made Special one varying from the rule
now established In all other like cases. The COM
pany are empowered TO take, for the purposes
looye specified, any poflon OF any public
grounds, parks or places along the route
no portion OF any public grounds, parks or
and 100 feet III width. which dimensions
Wonld take Ia nearly the whole or the Bowling
Green They may also extend the tracks of Their
railway IN open excavations or on the snracs from
the point OF commencement az the southern eXtrem-
lty OF Broadway into ana through the Battery to q
point therein near The south ferry. IS e2 pressy
provided th3t for any property OF the Corporation Of
ihe city Of New YORK 80 taken no compensation shall
The bal provides that the railway Is 60 he con-
struced ON the plan, substantially, Of the improved
Arcade Railroad; no 0tner description IL given. No
limit IL put upon The depth or The width 10 which the
streets may be excavated; the words of the bin
simply-to sufficient depth ana width. Nor Is any
limit put upon the number OF tracks which may be
lad side by side, ana Tor which sufficient width is TO
De tahehi the LUMBER OF Tracks permitted by Tie
bln Is Iour or more. Ine upper roadway and
sidewalks are TO rest upon iron girlers or
b ans supported by iron tubular columns
masonry, or bOth aud the surface OF the
streets is TO be, substantially, restored as it was
before the excavation It is provided that the lower
notwithstanding being sad Of the upper ones
shall not be excavateQ unless With the consent OF
majority OF che owners owning majority OF the
property along the entire proposed route it ia FUR
ther provided that the vaults now under the Streets
buit by private owners under license from the city,
shall not be appropriated by the company unless
with the consent OF majority, not Oi the vault
oWndrs, but OF the property owners along the entire
line OF said railway. In effect, therefore. all the
vaults in The most valuable part OF Broadway may
be appropriated by the company without the consent
OF anJ single person among those now occupying
them, by means OF overwhelming votes from owners
alohg Fourth avenue ana ot6er parts OF the route
where there are no vaults, and who have, conse-
quently. no interest in the question.
The upper Sidewalks are to be lessened every
where SIX feet in Their Width 80 as TO provide an
open space 1or light or ventilation.
sections nine aud ten Of the bill provide for cases
oil interference with sewers, gaspipes and water
pipes and, after putting the expense OF any change
Ci these upon The company, give 90 them the Of
streets parallel TO their route for the purpose Of
enecting these changes The provision for the pro-
lection OF The people in the accustomed use or gas
and the sewers that the com 1any Shall not
unreasonabY stop this accustomed use.
Section eleven forblds interruption OF travel on
streets other than Broadway for more than reason
able time. It also provides that the Commissioner
of Public Works may compel the execution OF the
work In such manner as not to Interfere with the
surface Of Broadway, except under such conditions
and regulations as ne may prescribe but this power
oi SUPERVISION and direction on his part is limited
Go that portonoi the south Of Fourteenth street.
by section nineteen the company Is forbidden,
until the capital Of ten millions Is subscribed and
Twenty per cent thereof paid In, TO disturb any
ground except below wall street.
The Mayor Aldermen and Commonalty OF the city
OF New York, and all other companies arc prohibited
from giving permission TO any person TO do anything
10 hinder, Delay or enbarrass the construction OF
SAD railway and II is by the bill made the duty Of
the Mayor and Common Council aud OF all officers
OF me city Corporation within their respective de-
partfnenis, 10 DO such acts may be Officially re.
CURED OF them, and needful under this QCt TO pro-
lnoe the construction OF said railway.
nave Deen thus particular in anayZing and de-
scIlbng the bill before me- because il IS neces-
Rnry 10 the fu1 comprehension Of its character and
because the statement OF its provisions seems TO nue.
10 be equivalent 70 an argument.
cannot permit the bill 10 become law. there
fore send IT 10 the ONCE OF the Secretary OF state
without my signature. IL is my practice to briefly
assign my reasons and give them to the public
although not required so 10 do by law, for withhold
inI my approval from bills which reacn my hands
alter the adjournment or the Legislature: not so
fully If these were he submitted to and
passed upon by the Legislature, but sufficiently to
convey 10 che people the views which control in
each case.
take this course Ia reference tothe bill under
consideration; and here 1t Is proper TO state that