The New York herald., 1876-10-07
CHEAP CABS.
HOW WE ARE TO RIDE HOME cHEAPLx AND

HOW WE ARE TO RIDE HOME cHEAPLx AND
QUICKLY.
II is intended by the New York Cab Company that
ON or about the 1st day ofJanuary they will have
running in tho city OF New York, 100 cabs which will
transport from point in tho city where
the cab is taken to any point whore they may wish TO
alight The OF transportation will be my cents
hour for all passengers and II may be understood
by this that the passengers will have pay for
the time which is taken by tho driver
going back to the place where he took his
fare from. Tho passenger Will pay simply for the
time from the until he shall DO delivered his
destination; but should the passenger rdc from
any given point to be deposited any given point
will pay for the fraction OF an hour as we'll
II he engaged the cab for whole hour; that is 10
say fifty bcur for ten minutes, five minutes,
iorty-1ve minutes even nty-ninc minutes
The New York Cab Company is not yet thoroughly
organized and has elected directors officers
One hundred thousand dollars have been subscribed 10
the capital stock to last evening, and - believed
that the total asked for, $25U,OOO, will be sun.
scribed IN few days. number OF gentlomcn wns
have control OF large amounts OF capital arc directly
in scheme provide cheap cabs tor this
city. Tho horae railroad companies and a few dying
already deiunct stage companies are doing their best
10 oppose tho scheme OF cheap CABS. me Cap
Company will pay 81 SO to The drivers OF cabs,
with permission TO make any extra pour6oire time
they may hnd from good naturod passengers II is
calculated by the Cab Company that the entire cost OF
equipment aud support for each cab and driver in
cudng stabng and repairs will amount to - so per
The plan of the Cab Company is that the mon who
are now driving hacks coupes this city shall bs
permitted TO take shares OF the stock OF this company
each share representing 500. The driver may
ut tho start take part OF the share, aS
low as $40, and ho will bc allowed %
pay the remaining 500 in two years. time. This Will
enable any hack man, however pressed he may be IN
circumstances to iuidl tho engagement he may take
up thousand cabs will be furnished to passengers
by the company quickly as they shall fna that tho
people OF New York desire to travel cheaply. The
clock Indicator Will be placed In tho front OF the cab
nd II wi be sci AS
that there shall be no mistake made by
the driver or passenger entionally by tho
driver not Intentionally by tho passenger Tho
hours time Will be marked by this Indicator he Is
taken up and he leaves. Some objections have
stables to plan the New York Cab Company, but
IL believed that Their objections hold good
streets Of New York are SO badly paved and SO
very dinicuit 70 pass that II will be impos.
sSo 10 do tho work ,S as proposed BY tbs
swers that experienced drivers will obviato my
difficulty that exist and that their own interests
will compel them 10 pick their way carefully as II they
driving for themselves, and addition that they
will drive fast catch boat then they do now,
and will find their way ~ train with the speed fol
which they are famous
New York city is nearly to most Of the capitals OF
Europe IN everything but the matter Of cheap cabs.
For shilling in London passenger may go IN cab
lar as he go in this city ut present for 81 Al
any street corner he may had cab and there ~ no
difficulty Whatever; but In New York there Is invoked
at a late hour good deal OF challerng, sometimes
good deal suppication and occasionally there rs
the system proposed there Will bo tecgraphy, through
the medium OF tho American District Telegraph Com.
pany which will have its wires working tnat
cab may be summoned by tap from any teIe-
graph indicator any other public place,
and II IL estimated that there 700 such
places In the metropolis The hackmen ci the city do
not yet understand the plan, but many Of them
willing take stock tho company its
officers announced and when sufficient number Of
cabs have been placed the street 10 secure them
living, They only doubtful on ono question, and
that is summed up by their query, "Wil IL payY'
hackman at present, If he does not own his coach,
is paid tho general average $40 week. Tho
Cab Company Will pay him, they say, 81 90 per
day with the prospect OF increasing the wages TO 81
per day the OF cabs increase besides giving
him the opportunity to be stockhoder. The present
equipment Of the livery stable propretors who keer
hacks coupes at hotels Is follows, the DO.
ing given the prices that they enabled to furnish
transp0r,aton:-
COST OF EQUIPMENT
HACK carrogo. ZuU
Coupe. ........................... 500
horse.. AtJ
Cost Tor feed, NC, per mo1th. ID
StnOHns per montn
Repairs for harness and painting per month. 1C
The New York Cab Company WILL they declare, ba
IN TIM tuan