New-York tribune., 1875-02-02
DELAYED SCHEMES OF RAPID TRANSIT.
PROSPECTS or TIE BROADWAY UNDERGROUND RAIL
ROAD THE VANDERBILT INTEREST IN QUICK
TRANSPORTATION.

PROSPECTS or TIE BROADWAY UNDERGROUND RAIL
ROAD THE vANDERBILT INTEREST IN QUICK
TRANSPORTATION.
The charter of the Broadway Underground
Railway Company formerly known as the Beach Pneu-
matte Transit Company, bears date Of 1863 Under the
act the construction Of underground railway
is proposed, that shall extend, in one cou-
tinuous line under the surface Of Broadway,
from the Battery, the southern extremity of the
city TO Central Park, the junction of Broadway and
Tiny-nlnthst. and Eishth-aVe., with short lateral
branch FOTys st. the Grand Central Depot
and the Fourth Avenue Underground Railway. Tue act
provides that the work shall be constructed under the
supervision Of Board OF stateand Municipal engineers
ana officers consisting Of Gen G :. Greene, l., Allan
Campbell, c. E. James P. Krkwood. c. E, and the De
parmeut Of Public Works, and that they shall deter
mine the propeIliug power to he used
Alfred L Beach OF The Scientific American, and Pres
dent OF Company, stated yesterday that work, II
was expeC ted would be begun, the financial nego
tiatlOns heng wei in progress, Onehaf OF the money
necessary for The construction having been secured.
The authorizing law stringent, requiring. under the
amended charter Of 1874 that tie entire money neces
sary for the building and equipment Of tAc line should
be secured before the construction OF any portion
is begun. THIS provision had caused considerable
embarrassment Had the Company been au horized
to begin work upon cash capital or SlOOOOCO or more
thew would have done before this The amount re-
the negotiations this end promised to be successful
The completion Of this line would he thought, greatly
promote tie convenience Of the people and add essen
italy the attractions Of the metropolis The eastern,
western and OF the city would be locally
accommodated with rapid transit and fast passenger
trains would be the entire length OF the city.
Tie has ment portion Of the new POstOMcc on Broad
wav had been specially constructed with view 10
communication with the Underground RAILWAY, thai
uusta cars il an the different hWays might De run
directly into the PUetO flee. thereby saving much time
and labor the dispatch aud receipt OF mails. The
work OF constructing tunnel under t1e Hudson River,
from he foot of Fifteen ns Jersey CITY the foot
OF CAualst NewIorl. 400 feet thence 10 connection
win The Broadway Underground RAILWAY was begun
December 1874, but was arrested by legal proceed
Mr Beach was very confident Of the ultimate success
OF mis- cheme remark NJ that he believed it TO be the
only solution the rapid transit question The block of
and place had only been intended as an expert
meut and tunnel, proposed, would be larger
90" TEiRrYf reporter C6nvcrsed Yesterday with VIM.
H. Vanderbilt, VicePresident of the New-1ork Central
and Hudson tLyer ktllroad Conpan{' on te suuv ~ %
rapid transit Mr.. Vanderbilt said that the engineer OF
the Company had surveyed the line OF ne proposed
UndererOund railroad Del Wern the tly nan aHu FOl
srcOudst and had submltteN approximate ts mates oI
the cost Of construction. There were formidable OBJ
saces 10 he overcome on certain streets a0hs INC pro
posed line, and tae engineers had reported mat IL "Oud
cost between s9GOO00 and Sl0oOOOO 10 bud the road
LXact figures were not gwen, ana IL was DeHeNeu Ina
IN certain contingencies the cost nlSHJ De IhcIcaeeu
several millions OF dollars. The report 80 unsas.
factory tAat Ls tdthcr CornehuS FanGeIoIl uHG dlu
aside the project for further consideration Tle Legs
1874. had before them pdE lof an tleFdttu
road on the east side OF tue city, which was favored
l,y his f1tner and which ne had doubt would have
be.n built in six but the project was opposed
ey the friends other roads and the act was not
uTessrd Mr. Vanderbilt said, IN conclusion, that there
were many important interests to be consulted and dih
cues TO be suImouuted before the rapid transit ques
ton could he satisfactorily settled
Inc euCnecrs having charge of the work the
FOurth-ave improvement stated yesterday that II
would completed about the middle OF August Of the
rreseut wear That portion Of the road lying between
Eghty-sixth and Nuetysi iXthsts. was already IN use
ana he cars running the east SIDE track Whe
fhe rails of the center ana SIDE being did