The New York herald., 1877-12-27

alone carried 81 roo 600 Whether any OF THIS enor
nous traiiic will be divcrted to our elevated railroad
may be inferred from single TACT The present
Ninth road carries about five thousand passen-
gers da,a while our road though working only with
single tfacx, carries already 1000 day. But some
may be little disturbed by hearing that the project
revived OF an underground railroad which Is
built with English capital Against that project l
have nothinS 10 saw; only hope the protectors will
count the cost Those underground roads have cost
on average $4,000 a mile, while we have al
ready contracted Tor the building Of our elevated
road for between s3O0,O00 and s40O 900
mile. AS TO- The, comparative comfort OF
the two modes of travel, VIII refer you 10 n high
authority, Captain Douglas Cation the lrst OF
English engineers. whose letters you read for
yourselves. VIII only sum up the whole thing In
single sentence oil Mr. Forbes the president OF one of
tho underground railroads OF Loudon who saId to me-
above eroundn In conclusion, Mr.. Flold said~
''Rapd transit VII! not only make New York larger
but II VIII better city ane better 10 live in II
will take our working classes OF the tenement
houses and give them neat little homes where they
cnn have pure air and bit OF green grass before tho
door," We DO not maze parade OF this as II
moved purely by motives OF philanthropy, but it is
with matter OF honest pride that the enterprise
for the growth and the prosperity of our CITY,"
REMARKS OF TaE Hoy. JOHN SHERMAN
Mr.. Cyrus w Field rose again and proposed the first
regular toast OF the evening ''Our Country we have
different partles, but only one country in whose
greatness we have common pride and common in
terest" This toast was responded TO by the Hon.
John sherman, WHO said
GxyrLEMES-I am very much indebted TO you to be
enabled to respond 70 sentiment IN which We shall
all agree We all belong to parties, but there
before who would not sink all parties for his
country | am glad to say, although II Is a common
theme that country is worthy OF all tho love ana
honor that her sons can lavish on her,
duccd great poets, aud there is hero
present that need not name-Ummonso applausc)-
and have produced great palrois whose names
Will always be revercnced IN our memory Your rail-
roads may be built, and | know that this railroad
Will be bulk. You take prdc IN your city but after
all, II is your country that will demand your greatest
love AMI your highest alcgialce.
INrEREsrs or THE CITY.
Tho second toast, "rhe City OF New York; our
home, in which we, as citizens have personal inter-
est in every hing which promotes its prosperity and
increases It's comfort as the place OF habaton Tor
million OF peoplen This toast was responded 10 by
cx-Mayor Wicknam, VINO said
Mr.. CHAIRMAN AND GKNTLEMgN--I regret as doubt
you all do, that tho present Mayor ofihs city Is
not here to reply 10 this toast. You havo heard
pressed toast fully cxcmpifying the tact that the
OF New York Is so nearly completed tnat !,
in behalf OF the ctzens Of New York, tender
nv congratulate tor your earnest lnbors IN It's be-
half You are right IN saying that people have been
driven away from New York because they could not
IN the morning aud five and seven in the afternoon
and atch the unccasng throng passing through Lib.
erty street and from the ferries nnd judge
what New Jersey has taken from Us. There have
been many complaints against you Tor tearing up
Chatham SQUARE Dat nsnk the citizens Ems VIII VIII pear
VIII give Us What New York has so long needed
MR.. s. Il. cnuRcn's SPEECH
Mr. Field then presented the tnird regular toast,
"Rapid Transit tho great vital necessity, unless
New York is TO be checked grow It's popu-
ation bo out of the city. It's old friends who
urged 1t from the beginning have the first right to
olce in its success" Mr.. Simeon Church responded
TO this He said II gavo him no little sat,sfac Ion
to respond 10 the sentiment just expressed He first
gave graphic picture OF the dlscomlorts TO travel on
tho horse railroads, concluding tho subject as ol
Iows:-Wc, thank Heaven. we have at last end
Of all this There will be seats enough tor everybody
now. Hencelorth We shall gldc through the air like
BIRDS aud changing BY the strap and the stenches OF
the concavc DOME like the tale OF tho prison snip and
tho horrors OF the Black Hole Of Calcutta. wiA pass
INTO history. Among the immediate benefits TO be de-
rived from this achievement OF rapId transit Mr..
Church counted first and foremost its Influence
upon tho cost OF LIVING and upon cuy taxes. When
the spring opens 10000 vacant lots on this
island and more than twice that number in tho an
ncxed territory above It, VIII be brought into market,
made i'm mcdaley accessible TO tho builder aud Will
invite return OF moro than half million OF our
fugitive population who were driven out IRON us be-
cause they could not live with u.s. IL "cheap homes
for the peope Is the demand oi the next decade OF
years the cheap lots OF tho annexed districts viii
furnish the wide field for them. We have $50 00O0o0
annual taxes to ruse and pay. Our rate Is, there
fore, over two and half por cent We shall not DO
able to reduce IT much by the nero practice OF
economy We mpst Increase the fund Il
would reduce the rate ana make the payment
easy. More than nalf our city Is yet unbu. Onelhird
our territory pays threcquarters OF our taxes Now
build up your city, put houso on every vacant lot,
and call Lack your fugitive population 70 NJ them ana
pay their taxes here and your $50, 600 Will DO
raised more easily than now, aud with rate that
will not and never ought to- exceed one per cent. The
lower part OF the city gains because is united TO the
upper, and time and distance are abolished. But the
great movement is Horthward and the existence OF
such ho,cis as the Rossmorc. the Windsor and the
Buckingham at Forty second street above II,
shows surely enough in Whist direction lies the future
growth and attractions of Now York.
A wEATERS PAkiS
With such foundations as We have laid for the future
magnoence OF city, in our 1000 acre parks aud
drives without any equal IN extent IN tho world !;
with our puoc libraries and museums oil art and
Natural History the latter larger by one-,hrd than
the Louvre OF Paris and especially when We get tho
Obelisk from Egypt which Was ola when Pharaoh was
born, he did not see why New YORK should not be-
come 10 this continent what PARIS was to France
London the British Isles, tho central point Of at
traction, drawing htner, as they do tho wealth, tho
culture and the refinement OF the whole land And
not least among the changes to bc wrought by this
Improvement, said Mr.. Church, would be Tho change
wrought in our social family lite. Men will now be
able II they choose to 80 homo TO their dinners
and SEQ their families again by daylight, thing
not known, he believed, since the days OF the kuick-
crbockers Tho average business man OF New York
needs letter OF introduction to ms lany ut least
once a year in order 10 keep up respectable &C.
quaintance. You have heard the story they tell Of
the industrious merchant who always lett his
house Tor business before the children were up, and
abcd himself Sunday morning until his children
gone to Sunday school, so hut nc rarely met his
family at all But u happened ono lucky holiday
that he found himself the family board with his
whole household around II. His good vile, TO relieve
his cvdcnt embarrassment, turned TO the eldest son
and sad, "My son. this gentleman is your father; let
introduce hm.' 10 which tho young hopeful,
bowng politely responded, 81 am very glad to know
you, sir; have heard mother speak OF you Often"
Mr.. Church said he would not close without saying
blunt word TO those who have charge OF ana are
managing this great enterprise ~ rcallzc IN
any considerable cepreo any OF tho benefits
anticipate IRON this improvements meet
all tho demand which New YORK makes
ior rapid transit--it ~ ind,spcnsably necessary
that tho transit should cnly be RAPID but cheap.
len and fifteen cent iarcs are by no means what Is
meant by RAPID transit In New York. II amounts 10
per cent upon the average wages OF labor,
tax which industry can stand. IL would dopopu-
late the city instead OF building u up and your road
viii be rejected by the millions OF the middle and
lower classes, whose patronage alone can make you
rich The passenger circulation Of this city the last
year was $50 0UOL0o Ia the first year OF your opera
tions the circulation will be 200 UuO 900 The growth
of this circulation during The past twenty years has
been simply enormous
In 1865 tho passenger circulation was.... 10 5000
In 1860 the passcn circulation wus... 36,4jJUO0
In 1865 the passenger circulation 81, 2S2 023
In 1870 the passenger circulation was.. 49, ,49 100
In 1877 the passe ger circulation $50 900
Continuing On in the same ratio 0i tho pas
senger circulation IN ten years exceed 400 900 QUO
amount more than double Tho capacity OF all tho
railroads now projected aGd being Quilt There
rs no question, therefore, ABOUT patronage. Tho
question ~, VIII you take ~ You cannot take 1t ut
ten cent lares, but you can take II all, ruch