The New York herald., 1874-02-24

lars New York will be blind TO her interestsi II
does not improve this opportunity TO make nerself
also famous and rich In people and property Dy the
completion OF three great public works:-Rapld
transit, the harb0r river Improvement and an
Of the Hudson INTO the city, giving head Of 100
feet at every hydrant.
HOW TO LIGHrEN THE BURDENS OF TAXATION
1t Is said that your burdens OF taxation are very
great and that 10 the main reason why the city
should not and In the construction OF rapid tran
road. II II ts true, as believe no sane person
doubts that system OF rapid transit Will at once
bring back to the city multitudes of people who
elsewhere and that properts viii be s' Increased
In value and all business interests revived, then
WIZ not thus increase Sc and addition in taxable
city would expend II 1t paid for the entire road
and received no return IN years on the invest
were other way of accomplishing the desired re-
suit, Tor the city TO stop Tor time some OF its most
bouIeyardS, and put that money into rapid tran.
sits9 Would not magnincently constructed work
Of the KIND be Iully as ornamental, and certainly
OF as much utility, as some OF the other public tm-
pr0vements that are costing millions OF dOllarsY
But as the bill under discussion only pro-
amount, and only In case OF certain continQen-
gies, VIII not discuss this point further. Il
% s ea anS esS M
sSsy s R 0sssni Il ssn
thousands who now daily object to going down
town, on account Of the fatigue and DELAYS, that
would go south OF City Hail to transact business,
and this would give an increased demand for
stores and ofIices IN all that part OF the city.
Ladies who now shop above Eighth street would
lind their way 70 Maiden lane and John street IL
Is only the accomplishment Of rapid transit that
will retain the financial centre in WAN street and
vicinity. or prevent the bulls and bears from
ing noithward.
THE BILL AND ITS PROVISIONS.
And now, Mr.. Chairman, come to the immediate
consideration OF the provisions OF the bill under
discussion. " ME IL iS true that am the author
OF the original measure, as introduced INTO the
any particular. want II In every sense q meas
ure Of the people OF the city OF New York, and to
tnat aI, END nave asked and received suggestions
citizens, from experienced ana scientific engi-
neers and the metropolitan press have devoted
these suggestions have been considered In its re-
vision and 1t is now before you subject to further
desire has been to make measure that
VIM be ,, ciear practical and possible, free
Sm M an Of and
satisfactory to the people as any measure can pos
sioy be made, being sure that such measure win
dence and encourage capital that the early com.
pletion OF this enterprise, in which not only the
saen FysS .ausa q s IA 1sS a ea. O the hSsOR
Vital interests viii be kasSfed Tnere cannot @ ISS pos
sibly be but one man who can be supposed to be
s' pse sssi se ss0 Sss %f A5ud d s
me as one Of the commissioners II the measure
becomes law: In regard to that have to say, if
sos ana devote to sahs entire D0stoa s%s tor sG
love for the people OF New York. have had CON
siderable experience In laDOring for the peoples
good, IN working for love; but such experiences
have not been pleasant or satisfactory. But there
is one thing WIN say to you which trust the re.
perters WI! not 70 take down and win not be told out
Qf this BAH II by any chance l should reach the
sonss ri sb6aa s ny ssVss er p er
the work than they ever were before, and If the
Tws rome the @ fye
street to ride over to celebrate the completion Of
Indignation meeting IN NTH this hall hail 10 denoance emo e US
and hang me IN efigy over the entrance door.
LETTER FROM GOVERNOR DIX.
The following letters were then read -
DEAR ssTSe Soysrnor 1saassis say hs fs,
hsid the a rssRscfIIy oSsSisni
sefv1R BALLARD ESQ secrsary fr'vA secretary
LETTER FROM J. ". Hustled.
FEBRUARY 10, 1874.
be present at tie meeting 10 be held at Cooper Institute
Rsrave
the
my most earnest sy@pathy with iis objects and to
4: sss; Sss sss &: N ia
port T. every measure that has been omitted 70 the
result has yet been attained with the
importance AMI necessity of the work. assure You
that shall be ready the future, as have been
in the past to aid in promoting to ashccessfu issue any
properly guarded bill tn promises Yours
spectflly, JAMES W. Hustled.
REMARKS OF w. J. M'ALPINE.
Mr.. McALPINE, civil engineer was next intro.
duced. He said he had examined the bill
thoroughly, and considering merely from pro-
fessOna point of view regarded it as the best that
could be produced. the general conclusion that
he came to was that q surface road would be OF no
use. The underground railroad, he thought would
hardly warrant the expenditure required. Under
the circumstances he was OF opinion that an ele-
waited road would be the only one feasible as well
as remuneratlve.
TIE RESOLUTIONS.
Mr.. DAYArT then read the following resolutions,
which were unanimously adopted
Whereas the greatest Of this city rapid transit
and whereas the bill introduced The Assembly by
Hon Harvey G. Eastman and amended by him IN ac.
cordance with suggestions from this city, to be
insure the speedy construction railways