New-York tribune., 1874-04-11
RAPID TRANSIT.
ABSTRACT OF BILL TO BIZ PRESENTED TO TIE BOARD
OF ALDERMEN FOR THEIR APPROVAL

ABSTRACT OF BILL TO BE PRESENTED TO TIE BOARD
OF ALDERMEN FOR THEIR APPROVAL.
Alderman Robert McCafferty has sent q
letter To The TRIBUNE explaining bill submitted by
him 10 the Board OF Aldermen TO provide the City and
County NewYork with rapid transit for passengers
and freight. He says, among other things:
] am in favor OF the City OF New-fork constructing
ewning and controlling the means Of rapld transit ie
rst section OF my bill provides for the appointment py
the Governor OF Ave Rapid Transit Commissioners
who shall be residents tho City and County Of New
York The Commissioners are appointed at eeasoaao'e
by Gov DIX and that the appointment comes from an
Official who is elected directly by the people. ana whose
high character ~ ciIizen guarantees proper apPo'
ments. ,
The second section provides that each commssioner
shall take official oath and give bonds 20 the city IN
the OF s3OOOO0 with two surees In like amount,
for the faithful performance OF his duties. , -,
The third section requires that on the organization OF
the Commission the whole expenses shall not exceed
SIS 600 per annum, exclusive OF Commissioners salaries
the Commissioners are authorized 10 select plan, or
part parts OF plan or plans submitted 10 he
which they may deem pest suited to the requirements OF
rapid transit and TO pay for the OF the above
named appropriation which IS TO be paid bJ the Con
troiler and for the one purpose only.
Section four provides that people shall decide by
at the charter election as 70 whether the Guy
shall pay the cost Of procuring means of rapid transit
or NOT and before any expenditure ia made except
above provided should the people decide IN favor OF
the city building rapid transit ne the ineans are
ropsruetjon BONDS 70 mature In fifty years and bear
interest at per cent per annun .,.
shall be approved by the Commissioners audited Dy the
Board OF Supervisors aud paid by the Controller.
Section five gives the city the absolute ownership 10
all property and profits connected with rapid transit
Section six provides for Commission OF Appraisal 10
be appointed by the Supreme Court. and limited 10
expense for all purposes OF S250O 10 nix Yalue on
property which may required for rapid transit puI
passes the Commissioners cannot agree with tue
owners thereof
Section provides for the appointment OF general
superintendCnt, who shall, at the expiration or hVe
years succeed the Rapid Transit Commissioners IN tue
management OF the ne his salary 10 be $4,000 per an
num- and his term or Office five years. He VIII De nou
inated by the Mayor aud confirmed by tho Board or
Aldermen, the Mayor to have power to remove Ior
cause, ana ~ iii the vacancy. .
Section eight regulates the rates or fares and reght
charges the line OF rapid transit, ana oy gradual
reduction places the fare for single passenger between
the of the line at fixed rate OF Six cents aJ he
expiration OF years from the date of beginning
operation and at the expiration Of TWO years IRON tue
date OF beginning Charge for 100 pounds OF reght
between the Battery aud Harlem River Is fixed at hYe
cents aud one per mile 10 the northerny limits of
the city. .,-
This section also fxes the minimum rate OF operation
OF the line and provides that during the hours or the
morning and when travel Il greatest on our
city lines number Of trains per hour run edch WAY
and between she termn OF the line snail not De less
than SIX, and at midday four, ana during tue It.
| naming hours OF the day and night three.
In conclusion Mr.. McCafferty says:
In presenting my bill for public approval DO rot IN
tend il a rlval scheme 10 Mr.. East1nans s nut ia
case that gentiemans bill should fl 10 the LeSs
ature will hold myself ready TO present nv own WIN
| hope tnat 1t will be fayorably received