The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-07-10
RAPID TRANSIT.

sIrUATIoN-THE PROGRAMME OF THE CON-
MISSION
ihe election OF Mr.. Joseph Sefgman TO the
FreSiuency OF the Rapid Transit Commission has
created favorable impression throughout the
community, and particularly among the Germans,
VINO are very naturally proud OF the honor con-
lerred upon one OF their countrymen. Moneyed
men, who may be expected ultimately TO supply
"the sinews OF war" also approve or the selection,
knowing as they do thai Mr.. Sehgman Is a care
full and prudent hnancier, who wouid not ADOPT q
plan without being certain that It would pay
| VIEWS OF PRESIDENT sEIIGMAN
commissioner Segman Is very sanguine as re-
CARDS the present prospects OF rapid transit.
"Within eighteen or twenty-tour months,n ne
says, II think we shall nave quick transit IN New
York" Mr.. Selgman, when questioned concern
ing he desrabilty OF laying out route at once
for the entire city or building 1t by instruments,
said the general desire for quick transit was OF 30
eager character that the first mentioned method
would have to be resorted to. The commission,
he thought, would probably meet three times
week as soon as its work was fairly in progress.
The first sessions might be secret but as soon as
possible they would be opened to the press ana
the public 1t would probably be necessary TO en-
gage able counsel TO advise the commission IN
questions OF law that, no doubt, VIII ARISE; "but."
said Commissioner Segman, "nothing has been
done 30 far, as we have no money. (The law pro-
vides that the necessary expenses OF the Commits
sion shall be paid by the Rapid Transit Company
when IL is formerly al am sorry that we are
allowed $40 day." said Commissioner seligman,
Incidentally, "for l have long ago determined
never TO accept any Office with any emoluments
whatever" The most important statement made
by President Seligman was the reiteraton Of his
belief that the capital necessary to build road
could be obtained without difficulty "Tnere isu
said he, 'such great abundance or money. Now
when you cannot get over two per cent on money
In Wall street capitalists VIII be glad to invest
their surplus In road that Is likely to pay
THE MONEY ALREADY PLEDGED"
Apropos OF raising the capital, 1t Is as well to
state that small beginning OF the subscriptions
TO be opened by the Commission in the fall has
already been MADE. 1t will be remembered that
the subscription opened by the 'New York Rapid
Transit Association" last spring met with fair
degree Of success consIderi ng the short space of
time that was occupied. Mr.. Camman, the score
tary OF the association has still in ats possession
printed list oil the ma mes of the subscribers with
the respective amounts pledged by each. This
list up to the respectable total OF 1856 OOo
ana the character OF the subscribers gives lar
promise OF the lively support OF the moneyed
classes OF the plan now soon TO be adopted.
There no less than twenty three gentlemen,
who cheerluly pledged $4,000 each, as iolloWs:-
Charles Butler, George Il. Bissell, B. T. Babbitt,
John II. CheeVer J. b. Cornell, Horace B. Clanin
George W. Carleton. Alonzo u. Cornell, william h.
Dodge M Adan Ian Mam a. Lee LIVER
Lewis J. Phillips. Griffith Rowe, Aaron Raymond,
Roosevelt q son, John II; sherwood, Hiram w.
SDley. Edmund A. Smith, Philip Van Volkenburgh
THE PLEDGES TO BE REDEEMED.
The above subscriptions were made up to April
10, and then the books were closed as the asso-
citation preferred to wait for the result of the
says that this money is still pledged, and VIII |
probably be paid by the subscribers II only
the terms on which the money was
pledged. "rhe said fund to be invested in the
tions as may be agreed upon by two-thirds Of the
subscribers provided that the said tWo-thirds |
whole sum subscribed, and further provlded that
subscriptions for sum not less than IS, 000 coo |
shall be ootalned.n Mr.. Camman says tnat it
whether they "agree upon" the plan proposed by |
the Commission. Many or the gentlemen who
subscribed $4,000 each, had declared their will |
lngness 10 put their names down for $50, 900 and
100000 as coon as they were CONVINCED that prac-
ucal results would now from the enterprise. This |
Is the more gratifying as these names OF the
friends OF rapid transit are among the best known
ana most honored OF New York.
TIE ROAD TO FoRTY-sECoND STREET.
Mr. Camman says that he has no doubt the |
money necessary Tor the building OF the road can
be raised very soon. Mar. scott, the secretary OF
the Citizens Rapid Transit Association, goes |
stil further and says that II the present Commits
sioners adopted q good plan he ielt sure that
So 900 900 could be raised in q week without any
trouble. Mr.. scott thinks that Il only hall that
forthwith an elevated road on the east side to |
Forty-second street 10 connect with the Grand
chasm," as ne aptiy expressed II. This
those OF the public who are interested in
rapid transit. "Glve us road TO Forty second
that If tue connection were once established,
Commodore Vanderbilt would find 1t TO his own |
aS 70 eo1g be al SG rSas ~
delay to the upper portion OF the city. Meanwhile
the extension or the road iarther north could 20 |
on as quickly as possible
HINTS or COMMISSIONERS oANDA.
one great nuisance Win which the Rapid |
Transit Commissioners are already afflicted is the
superabundance OF patriots willing 70 servo their
native city under their employ. Commissioner |
Canda showed tle writer yesterday vast heap |
OF letters, all OF which were applications for |
once, and the ridiculous part or 1t Is that they !
have no positions 10 give. Mr.. Canda says tnat
no plans nave yet reached HIM, and that many OF |
the inventors ana promoters or rapid transit |
schemes appear 10 hold back he expect.
before the Commission next week. He was asked !
whether ne thought double track road would |
be insisted upon by the Commission, and replied, |
.Oh, yes | should not want to be connected with |
this concern II We could not get az least double |
Mr.. Seligman REGARDS the speedy raising OF the |
capital winch is significant, as ne has large &C
qualn lance with capitalists.
VARIETIES OF PLANS.
The applications, plans ana suggestions that |
win come before the Commission embrace every |
variety Of schemes, Underground, open-cut ana |
elevated, and OF the latter alone there also
rious forms proposed, such as those running on |
pillars In the centre OF the street. along the curb
stone on arches extending across the street, sc. !
The Rapid Transit Association viii, according to
Messrs. Scott and Camman present no plans, bav- |
ing been formed for the general success OF rapid
transit and not for the adoption OF any particular
scheme. The Commissioners Will probably at frat |
and it rather difficult to choose O plan from among
the great number tnat Will, no doubt, be pre-
sented to them, moro especially they have only
ninety days TO 90 so; bat full confidence is re-
posed IN their abihty TO successfully solve the
problem In the end.
MARRIAGES. AND DEATHS.