, 1877-12-23
UNDERGROUND RAILROADS.
An English Company to Build One In Ne"
York.

| An English Company to Build One In New
! York.
Special DIsDafca tn The GnfcaJo Tribune.
NEW YoRK, Dec. "a London special says:
The remarkable success achieved in recent
years by the District and the Metropolitan Rail-
way Companies of London has turned the
attention OF English capitalists to underground
railroad systems for rapid transit in large cities
In London the obstacles to IN underground
network OF railways have been almost insur~
mountable. The e1orbitant rates at which all
property Is held, and the intricate and constant
~ changing system of sewerage, have combined
to create engineering difficulties OF the grayest
kind. 1t became known this afternoon on
the Stock Exchange that syndicate
had been formed with large
capital TO undertake the construction OF
the Vanderburgh or Central Underground Rail-
way in the City of New York. 4 correspond
ent ut once drove to the Office ut which the Syn
dicate has held its meetings, and there found
full confirmation of the *rumors. Sir Edward
Watkin, the President Of the London Under
ground Railway (thcy are really one Company.
although Incorporated under two nameslt IS Ut
the head of the New York enterprise, and theEe
will not be any delay after the work IS once De-
gun. The most careful estimates have beer
made By English engineers experienced in tsla
building Of the Metropolitan Railway, and 1t u
known to within a thousand pounds What every
mile Of the proposed road will cost. The monej
las all been raised here. and the stock will nor
even bc nut upon the market. The Syndicate
refuses to exhibit its books.
Work will begin Immediately, the drawings
and specifications being now in process OF CON-
p]ction. The road will be constructed accord,
ing to the original charter granted In lSet5 anu
Broadway to the City-Hall Park, thence
northward partly under Centre, Baxter, and Nui-
berry streets to Lafayette place, thence through
Astor place aud Fourth avenue to Union Square
will subsequently be pushed forward to Central
Park by way OF Madison avenue, and ultimate
II will BIZ completed to the Harlem River. tne
great feat Of tue engineers who laid out M the
route and the chief element OF its feasibility
: was in carrying the tunnel around the depFes.
sion in Canal Street, which exists at the point INT
where that thoroughfare crosses Broadway. y
the route selected the road Is carried through
the high ground near the BowcIy, and tne e. e.,
pensive engineering work which would nase
selected, is avoided. 1t is asserted that IL
would cost E150,000 (abont s7500oQ to cor
struct the syphon by which the great ,sd ecwct
under Canal street would require to be carrleu
under the tunnel in case the r's;' Foad was 0nn'
The Sixth Avenue Horse-Railway Company Is
also cnrrgetically represented here. This soE-
poration offers money for an nhoe1'
ground road to kill the charter OF
the Gilbert Elevated Railway el1 Ihf ena[s eranas
Company claims to hold by purchase, and IN
glish contractors will sail soon to make tno
necessary estimates. The workers IN LUIS
enterprise, who seem to have for their op1ecs
nopoly, declare that the elevated railway VII
be tigated at every point This undergT9onupta M re- W
road Is expected to cost from $G,Od,uu 10
$4,000, 600, and the prelimiparies are all a'-