The New York herald., 1870-02-04
Ia the negotiation for its sale 20 the government
should This locality be finally accepted for inc puS


In the negotiation for it, sale TO the government
Should lns locality 30 finally accepted ios 'as pa''
OWNER or TIE LAND.
The owner OF the proposed site for the new navy
yard. which we have Just described, Ii Mr. BUCK
man. He moved TO this section fourteen years an ago
and nom time 10 time has bought this tract VI anu
from about thirty different parties, tne prices ~ s
paid varying according TO the time ana cAteut VI
year ana hair he
tract to some New York land spectators, pas "
he has since brought sat to recover .s Ms
POSSESSION, which III now pending. he says
the New Workers failed to make the promised pay
ments, ana hence suit Others state that the re-
vlva OF lhe scheme TO locate the Navy YARD mere e
that he is thoroughly honest man and
NOT disposed to take advantage OF the wants OF the
government should it want 10 buy II and charge Tor
that II the government decides to be the purchaser
the whole tract can be obtained for $500 per acre.
which IS ABOUT the average price OF land IN the W.
cInty IL should have been stated also that In addl-
ZION 10 the Hudson River Railroad and Northern
Railroad OF New Jersey, running III proximity TO the
property, that the route OF the proposed New York
ana Albany kaiiroad, now being surveyed, passes
over the west coast shore under the Palisades. AT
Piermont, two miles north, is depot via which coal
direct from the mines and other materials can be de-
hyered on the spot at q small comparative expense.
SEEING MIR. STEWART ON THE SUBJECT.
Not long since gentleman called on Mr. A. T.
Stewart III relation to this property anu asked him
10 become The purchaser.
.Why should purchase 1t ~ asked Mr.. Stewart.
.To . sell 70 me government"
'For whatgv
"a navy yard"
He explained the full particulars to Mr. Stewart
and then wound up with the supposed cllnching
argument, There's money in It,"
There may be money Ia it,o answered Mr.. Stew
art ''but not Tor me. Inever have and don't pro-
pose to be ever mixed up IN any schemes to make
money out or the government"
The visitor lett. He found that none Of Mr. Stew.
arts money could be used IN buying this land.
now THE THING SHOULD BE DONE.
1t fully conceded that the proposed site has been
TO recommend It, The thing Is TO get II At q fair
price and at the same time get the brooklyn Navy
Yard its full market value, For $lO0o,000 at most,
and probably 100000 $780, 600 less the land We
have described upon the Hudson river can be
obtained. The way s TO buy II direct from the
owner. The government should be brought lace to
and not be reached only through line OF brokers In
Congress and out OF IL reaching from Washington to
the faisades each with his slce bread TO dip into
the rfcn gravy.
allowed for changing the location. IL Will take this
time u build a new yard. As the present yard Is
gradually removed, few acres or squares
certainly would bring to the government quite as
good price, and probably much larger the aggre-
gate, than II the whole yard was sold at time ana
the government left out IN the cold to buy new
site the best way 1T could. Twenty million dollars,
which the Brooklyn yard Is worth, including the dry
dock, which, unlike the other materials, cannot be
moved and made available at the new yard, Will
make magnificent enterprise. Ten millions Of this,
unless due watchfulness IS kept up, can easily oe
lost by the way IN q change Of properties ana not
haiI exercise the talents OF New YORK Brooklyn ana
Washington rings. 1t would furnish enough to
make worse demorallZed q great many consc.epcss
ar The government centre and leave ample margin
for home folks The bill begins az the wrong end.
1t should be TO buy at q fair price q new site and
then sell and gradually use the value OF the present
yard III building the new one.