The New York herald., 1876-09-13
CHEAP TRANSPORTATION.

REGULAR MONTHLY MEETING OF THl NEW
YORK CHEAP TRANSPORTATION COMPANY
REPORT ON TERMINAL FACILITIES.
Yesterday afternoon the regular monthly meeting Of
the New York Cheap transportation Company was
hold at No Ito Pearl street, Mr. B. f. Baker in the
chair.
The following report was read from the Committee
Terminal Facilities and adoptcd:-
Mr.. PREsiDENr-The Committee Terminal FacL
cs dosires to briefly call tue attention tho Board ia
the under consideration by the Board OF
Aldermen, and which provides that a portion OF what
Is known the Belt Railroad may, under certain con.
ditons, be used for commercial purposes. II will be
remembered that al your special meeting hold last
June, and which was attended by representatives OF
all The principal mercantile and Shipping interests con.
cerned the general plan submitted your committee
unanimously approved The ordinance proposed
IN our report at that time referred back TO this
committee, wnh power After careful amendment IL
submitted 10 tho Board OF Aldermen in tho follow.
ing iorm:-
Resolved That permission be and hcreby granted ths
s % cal as % port OF us S Of Sss
engines furnished by the said railways by Belt Line
hours the svenns six O'Clock in the
s @ r,m e M i % Apr tho 70 tie ss OF oetobe and
morning from the st Of October to the it April
company 20 and rom such points the Hudson
"' sS sna ns M
the terms, privileges and restrictions established by
dummy By the York censr. snd
River Railroad Company Provided always
OF track and motive to all railroads. stng AZ
the port OF New York upon equal conditions terms
unoaded stand tho track between the places
specified in the privileges which may be granted.
We are pleased to that the important bcaripa
which this measure has upon the comm ercia acitei
OF this city Is well comprenended pubic opinion in III
favor approaches unaninty. The principal CONNER.
cia bodies oil this city aud throughout the country
commend the action you have taken.
The following letter from tho ST. Louis Merchants
Exchange transportation Bureau fairly illustrates the
sentiment OF Western cities in regard 10 the matter
MERCHANTS ExcHASoE
OFFICE or Tnk TRANSFORMATION BUREAU
ST. LOUIS Sept. 4 1876.
THro. I. LEES, General Manager, &c. -
snI am in receipt OF yours dated August 80 with
keep The commercial supremacy OF the nx
feasible which commend Itself TO tho insl
of your Cy Fathers unless they blinded by preu
you examine the terminal facilities offered Al Mon,rs.
Portland Boston Philadelphia aud baltimore Won viii "a
when New York possesses and superior % the to .ho,;
day OF strong competition and unreasonsbly io~
the places where charges Tor hand ,se
duced TO minimum Your citizens have lied TOO ,cu.t
hther, their capital tho ability derived uce
but the meantine, nearly eauiynlsnt csn, 1''Vm
accumulated at other places and science rendered hr
largest Very truly yours EDWSgD vEsNis,WW y ihs
superintendent oil Bureau
In conclusion we have only say that within icx
days your committee, with representatives of othe,
Commercial bodies, expects to meet a committee nj
the Board OF Aldermen for final of M.
matter " 'os
Respectfully submitted
COMMITTEE on TERMINAL FACILITIES
communication was received from Mr. Comm,,
sioner foote relating to the Belgian system Of towing
ana referred TO the Committee on Canals Alter tho
Transaction OF some routine business Tho meeting nd
journsd