The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-02-05

IL Is an interesting sight TO see IN inventor
with the auricle OF
CAPITALIST IN HIS POWER.
Though the latter wrlthes, he beams with the
mlness OF delight. He watches that aurlcle Wig.
ilantly, and draws FORTH with paroxysmal move
ment, the Illustrations OF hts theories from the
upper pocket on the left side OF his over
coat, and he talks and talks TIL silence Is 10 his
hearers the best result Of heavenly love. And
when, finally, ne Is dismissed perhaps with the
remark that the best engineers condemn his
plans, he moves away sorrowIully, muttering that
'.tne best engineers" tried to put down Fulton
and Watt and many other great geniuses. II Is
the only consolation he has. and. 1t Is the only
impeachment IN his way to the lunauc asylum q
kind Providence must have inspired "the best en-
gineersn to decry fulton. Watt and others.
And now, while this subject is being discussed,
1t Is we'll to say. the Information OF inventors
and with desire to relieve pestered business
men who are identified with the peoples move
ment toward rapid transit. that the latter
gentlemen 40 not wish to hear Of any more plans.
Their purpose Is simply
TO the amount OF $300a000. When they have
gathered pledges representing that amount OF
way viii be placed in the hands Of Committee
appointed at meeting Of subscribers.
1t Is scarcely worm while to refer TO the details OF
the numerous plans which have already been sent
to the ONCE OF Drake Brothers. They Include the
most wonderful schemes that were ever devised,
such as never can be realized.
WHAT WAS DONE YESTERDAY.
At present the results achieved by the committee
Of gentlemen appointed by the meeting on Mon
the amount OF work 1t accomplished. Every men,
Der OF the committee SPENDS great deal OF time
daily IN visiting welI-t0 do persons and In
zens' movement" Each reports tnat the pro
committee did not regularly meet for consulta-
ton yesterday, yet its members saw one another
the aiernoon Mr. Charles d. Soosevelp the sec,
rotary OF the committee, informed the writer that
subscription lists" had already been issued to
these lists nave signed the ''Ooligatlon'' to raise
$4,000 EACH The others are given lists with tile
scrIptlons as they can. The names Of the gentle
men to wnom the pspers were issued yesterday
arsmDraAe N Brs ss1 no: 60
No. 66 Broadway; p. W. Stebbns, No. III Broad
way; 2. N. GARRISON, Newourg; Jacob Cohen. No.
Il Liberty John haven Fort wasansfoSs;
George A. Hsisey, No. SO Nassau street; wilson H.
Blackwell NO. SO Liberty street; George Wilson,
Chamber Of M r. rh1roer West
Fordham; John henry Hull. No. 24o Broadway;
. k No. MO- Jos Eas Fsrs
George Moore, President Of West SIDE Bans
Jefferson NJ. Levy, No. % Park row.
Mr. john Bussing. OF Fordnam. who Is one OF the
gentlemen named above. said yesterday that
sucn IS the feeling among tue wealthy people VINO
IN FAVOR OF RAPID TRANSIT.
he would have no trouble TO procure subscrlp.
e a5 the nun among 'a% Ms
a e s ss ws
VINO desire to circulate Subscription lists'' can
procure them from Mr.. Charles Ii. Roosevelt, OF
NO. IL all street. It Is not demanded that every
person shall assume the ''o5ligationr to procure
pledges representing $4,000 before receiving
list; STILL OF course. there Is desire to procure
men who will give that "..pledg :" me paper con-
tanning the ''0Ollgatlonr Is In the hands or Mr..
George Wilson, Secretary OF the Chamber OF Com
MERGE.
IL Is not likely that the report presented to the
reach the public before several days have passed ;
and when 1t does come out IL Will not bear the
OF the society. The document IS now In the hands
or the printer and nobody who knows what 1t
is VIII say anything ABOUT ITS statements.
terday that body considered the RAPID Transit
bill introduced into the Assembly by Mr.. Moore,
and referred IT TO the Special Committee on Rapid
Transit or which Alderman Purroy Is chairman.
That committee will meet again tomorrow, at
one O'CLOCK. to hear the arguments OF citizens
The Assembly Subcommittee on Rapid Transit
VIII hold session tomorrow noon, also In the
CITY Hail..
WHAT THE PEOPLES MOVEMENT Is DOING.
reporter. who yesterday conversed with Mr..
J. NJ. Drake, learned that all the gentlemen are
ACTIVELY at WORK, and many assurances OF large
contributions from wealthy gentlemen have been
given. Mr.. Drake insists that the raising OF
money should be the first step, and that such ac-
ton on the part OF the people individuals will
have q more healthy effect than II company
were formed II . corporation OF capitalists ap-
piled for a charter they would be placed under
contribution BY members, or the cry would 90
raised that 1t was another monopoly. II the
Society OF Civll Engineers agree upon a
well devised scheme Mr.. Drake thinks It
should be adopted, and the money now
being raised would form q nucleus for
the capital. Then q proposition for o cnarter,
backed by the people who have subscribed, he
thinks, would not meet the opposition OF the
LEGISLATURE. IL 10 the small subscriptions, he
thinks, that tell after all. for they show the
wealthy capitalists that the people are in earnest
IN their desire to secure rapid transfer and from
the SUBURBS. All property owners in the upper
end OF the island and In Westchester county. he
main lains. are pecuniaIily Interested. II man
owns property valued at $4,000 and = rapid
transit road will increase It's value to sl2. 900. ne
ought certainty to be Wiling to contribute from
property would increase fully twenty. i've
per cent IN value nobody can reason
expected increase were contributed 10 the move we
ment by all the property owners interested more
tnan enough 70 construct a first class road would
be secured. The lee ing OF the gentlemen having
TINS popular movement IN charge seems 10 De
against listening 10 any propositions looking TO
the discussion OF any Of the numerous schemes
that nave lound birth In the fertile Drains OF IN
ventors ana enthusiasts; but rakher 10 depend
upon the combined wisdom VI the Society OF Civil
Engineers Tor a feasible scheme that can be pushed
TO completion as soon as possible FOR this reason
TIE publication OF the report OF the Special Com
mIttee OF TIE society on Rapid Transit IS looked
forward 10 with great interest.
Tne writer yesterday conversed with q gentle
man VINO mad recently been IN conversation With
Mr. Peter cooper uDon the subject. IL VIII be re-
memDcred that Mr.. Cooper last year onered to
take 500, 900 stock IN any legitimate undertaking
LOOKING TO rapid transit Tn : gentleman states
that Mr.. Cooper Is more ANXIOUS than ever 10 see
the qnestlon satisfactorily soved and says ne VIII
double the amount OF mis- original ouer.
EFFECT OF SLOW TRAVEL.
To or TN nm