The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-01-15

also made Of conductors and gatekeepers -
sometimes wanting in proper civility Forthis there
is no excuse, and We shall be glad to have any snch
conduct brought to our knowledge. when. with suih-
Gent evidence, the offender VIII be promptly dis
missed. At the same time we must recognize the
fact. in justice to employees that they have very
difficult and trying position. When crowd is ut the
gates, pushing forward to force way into car that
is already full it requires good deal of self
control and command of ones temper to preserve
perfect equanmity and to endure harsh remarks
without making any reply.
In referring to these things We do not find fault
with any fair criticism. public enterprise is a To-
70 acknowledge the general farnessf the public
and the press 70 the latter our thanks due for
OF e s winch ae tey have the cause
us sharp thrusts we will accept these in
greater edss s sr psiskng us up to @
public. We are also glad to receive sugges-
tions from individuals. Only they will UNDER
stand that where receive by the same mail letters
advising us to exactly opposite courses we cannot
follow both. We can only use our own best judg-
ment. and expect to satisfy. not everybody but all
reasonable men,. In regard to heating the cars we
have had many suggestions. Some recommend leav-
ing them as they are heated car renders the mas
senger, when leaving it, very liable to take cold
others urge that the atmosphere within tho car be
kept at what should call pretty high temperature
Our stations are fast advancing to completion. We
have anxious to have them enclosed before the
cold weather should set in, SO as not to
winter except one or two cold snaps. has
not been severe, and we hope soon to be
able to furnish perfect protection The stairways
will be sheltered can find the best way.
Some find fault with those that covered on the top
and not on the sides, through which the rain drives
in But il the sides boarded up, the passage will
be dark. 1t has been recommended that the sides
should be of glass. We considering the best
way Of meeting this difficulty, and are now trying
three different methods ut different stations and
soon as we can decide which is the best 1t Will be
adopted for them all.
WHAT THE ROAD PAYS THE CITY.
We have franchise OF great value. BY special
provision in the charter the company has contract
for which pays the city live per of its annual
net income. Five per cent is pretty good "income
tax It win yield to the city now from $4,000 to
income than iho city ever derived from all the sur.
face railroads together. Should the income of the
company increase the tax will increase in a CORE
spending ratio and will amount to q handsome sum,
the Irut OF which viii be visible to all eyes, it is
to constitute iund specially reserved to improve
and beautfy the streets and avenues through which
tine railroad passes. Thus the city il benefited in
two ways by the road itself and by the which
il pays. In return for the latter the law says -
"The payment thereof 1.-THE said ave per cent taxi
shall be the legal compensation in full for the use
as provided by law. and shall constitute
an agreement in the nature of contract be-
tween said city and company, emitting the latter
and it's successors to the privileges and rates of fare
heretofore and herein legalized." 1t would be hard
to conceive of right given under the laws Of the
State which Is more explicitly stated or more sacredy
guaranteed.
srooKHoLDERs' DIvIDENDs.
Some of stockholders are impatient to know
when we shall declare dividend. We cannot now
say Our first wish is to make the road perfect That
We shall spare no effort in our power TO do this we
give the best security in the large stake have in
the result. OF the i've millions OF stock Of the
company two-thirds are held by. fifteen. in
divduais, most of whom directors. which
is of itself the best possible guarantee
to the public for its proper management. since
all these have a large personal interest and also 9
personal pride in making it o complete success. II
but this the rest will come in due time.
Ii give the people of New York the priceless
boon of rapid transit the profits will take Of
themselves. Without going into particulars it is
enough to say that the directors and managers, who
familiar with the whole enterprise from the be-
ginning. entirely satisfied with the results. The
income tor the last three months IL sufficient to pay
the running expenses and the interest on the bonds
and fair dividend the stock, and there is every
believe that the will be increased
the road becomes more complete and new
branches opened to the ferries and to the City
Hall and other points, all of which will be many
feeders and tributaries to the general volume Of
travel On the whole. it il not too much to say that
the enterprise has been great Its benefits
to the city and people Of New York incalcuable.
If reap from it substantial return for ourselves
an honorable community will never begrudge fair
reward for those whose lsbors promote tho public
good. CYRUS w. FIELD.