The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-01-22

nincens metropolitan railroad ne appreciated that
the cities OF New YORK ana Brooklyn would grow
growth will be principally at each end OF the rail
road, 50 that whatever doubt people may enter
De- no for az M
paying.
WHERE THE MONEY Is TO COME PROM.
But 1t VIA be asked, Where Is the money TO
come nom TO build this costly railroad At such
q time, too. az the present almost in the midst OF
cessiye railroad enterprise apprehend the
money would come from quarters where money is
most abundant and easiest spared, and that from
tnat CLASS OIL people who will not part with their
money except to invest 1t In first class securities
securities that are not wanted to pay high rate
the principal possibly be- lost afa
standing the necessarily loose estimate / have
made Of the cost Of the railroad and It's probable
earnings III Ii apparent on the face OF II that the
undertaking must pay, torasmuch as the railroad
would be OF incomparably greater value to the
rather, temporarily displaoe. Never, | apprehend,
mas there been SO short o railroad made that IL
CAPABLE o. carrying go many passengers or carry
snort railroad that has more than 900 900 active,
go-anead people almost equally distributed within
road cannot move among themselves at over six
miles an hour, and with an almost certainty Of at
eads Of the rarSeS %Ss Teg a. oSsM
pc lost, injured or destroyed. New York must en-
dure. n the city s burned down. no one can doubt
and sound investment as this railroad would afford
Will always hnd investors seventy million dollars
Is small premium for the magnificent monopoly
OF moving commercially speaking, forever more
than 100000 of people In the most expeditions
ana approved manner known, twice as swift as
ever yet attained IN any city In the world.
WHO ARB INTENSIFIED IN PROMOTING THE RAIL-
ROAD.
The whole population of New York and Brook
lyn Is interested in promoting an efficient railroad
such as have described. 1t is said "what il every
bOdy'e business 10 nObOdy's business.n Who then
are sae people to atate and start the question OF
this ra1lrOadf Clearly those who own lots west Of
central PARK and west OF Fifty ninth street, and
IN Brooklyn east OF Atlantic avenue and Pacific
and eDergeticaly agtate this scheme, every week
That they DO 80 will raise the speculative value OF
their iand one per cent per week Tor months to
accomplished fact 1t will increase the real value
OF their property one per cent per week for years
TO come Surely then. 1t Is worth their striving
aid, for all would benefit.
Tho Herald Asked to Build . viaduct
Road.
HARLEM, Jan. q, 1874.
To THE EDITOR OF THE HERALD:-
Having for some years read every word in the
HERALD about rapid transit In this city, and being
long convinced to It's necessity for the proper
development OF our resources I, in accordance
with your invitation to the public, respectfully
ask room in your columns for what consider the
best suggestion made so far. propose that the
NEW YORK HERALD shall undertake to build the
long;needed railroad. and earnestly call upon
Mr.. James Gordon Bennett to take the matter in
hand. Success would, then, In all probability be
certain, and the people would know that before
bug schemes hitherto brought on the market, and
from the first start have the full confidence Of
every man for whom common sense has any value.
viaduct Railroad through the islandS Respectfully,
HARLEM NAN OF COMMON SENSE.