New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-09-03
TAXPAYERS INDIGNANT.
DENoUNcrNo THE ALDERMEN,s ACTION.
PREPARING ron THE mAss- MEETING or PROTEST
TOMORROW.

PREPARING ron THE mAss MrEriNd or PROTEST
TOMORROW.
The mnss-mccing NJ ChickcrInR Hall, Ia be
held tomorrow ovonng for tho purpose ~ expressing
Indignation NJ tho action Of tho Aldermen With regard To
tho hroadwng Railroad franchise, promars 10 be large
long A OF names ~ prom ncnt citizens ana Taxpayers
n appended 10 the call for H. Among the speakers wac
have been invited arc Mayor Edison, who VIII propaby
preside; william EyaIt4. Frederick II. Condert
e1 Mayor William H. Grace, ex-senator John o. Boyd
aud william Dowd Prominent business men who were
spoken yesterday by TRIBUNE reporters In regard to
the NATTER without exception condemned the action OF
the Aldermen emphaticaly y. Eugene Kelly SAID;
think what rybody else that have seen thinks IN re-
gard to this swndlng Broadway railroad scheme, as 10
has been called. The action OF the Board OF Aldermen
barefac betrayal Of the peoples interests.
When elected look after he Interests OF the city
act they have done they should he backbaed every
one OF them, they again come mp for election
| have Just signed call for an Indignation meet
Ing, and nave doub. that it will be a large aud
emph. tic prote Il az inst tn Ou'Tag,."
H. 4. Clark, c asher OF the Am rican Exchange Bank.
OF the signers OF the call said There TO be no
doubt hat the action OF the AID il Illegal Their
con uct in this matter has been outrageous, for they
knew that 600 600 had been offered for the Broadway
franchise vhic they voted to give away"
Ex-senator John @. Boyd thu. expressed himself: |
think that say ne lie st o. the Aldermen have acted
indscrtety and lave demonstrated very forcby that
the people not sied in trusting their inter Eta 10
thom Men Of ordinary intelligence even the humbest
citizens, know that aXed people ought TO have
the beneh ofeye franchise by the ~ale OF which the city
could BE- ncrea and whereby the burdens
ying heavily upon tie people co1l DO ghtened 1t
is notorious think that NewYork is the most expensive
city the world to live H. Rents high, and the com
mon necessarics OF NE high OF persons en-
gagel in trade being burdcnei with heavy rents and
taxes. We have many valuable franchises and regar
the Broadway franchise as the most valuable Of all
that have at the present time.
believe that honest and enterpri-ing capitalists
who IRE seeking permanent proh able investments for
IN ir ur Jus plta wOlld willingly not only pay 81
100000 for the BrOaiway franchise but more than
that, 4 the oole fell that it worth more The
people know Is wor great deal and that II their
public servants had been true to tn r interests 1t
would yer have been disposed OF as the Aldermen
have JUS disposed o. it believe tina Mayor Edison mas
mrted thu .ratitude Of every true lien for the fear
and Independent stand hat he has taken regard
% their in erests IN this matter
Scion Humphreys. OF the finn Of f. d Morgan Co,
said: 81 10 tOnk rilirOa Broadway would be
BAD thug but II t. have f. the city Ger ainly
= ould derv 1t ON It, selling the franchise
for fixed amount may not % tn lest way 10 dispose OF
IT. A mil ion Of dollars good deal OF money. At
per interest It would yield cue ty $4,000 year:
that might be od Inn FOR present, but think IT
would bcttor ge that the ril,oal co upa y re-
ceIviug franch Sc shou pay o the cty upon slid
ing scale rain proportion 81 ms cI nj - which hity
years from gl' yed 10 or e Tim a, much rs
the Interest Sl,OOO,O0O ltisa y'u' franchise
Robert S.u II, one Of the coiH-cl of tn Ncw-iorl
cable Railway Company, aid that Is Gle Il was an aI
p ant FIR the nscnt Of the AIDE 70 building IT,
roa Is. aud that It would no be proper
Tor .5 9m 10 o., pax know ,py nj aboS the
Broadway franchise It Il valua, O., ana ~ oOhOjO ha
b"uy uu G' t'n' ," 49, .t a., o , and n -
| l IA taN a y 3 d IA