New-York tribune., 1886-04-23
ARCADE RAILWAY PLAN.
PRESIDENT CoLEMAN,s OBJECTIONS.

uUcH ROAD NEEDED. HowEvER-FlFri-NiNTh-
ST. NOT FAR ENOUGH TO GO.
The hearing on the Broadway arcade scheme be
fore the Board of Estimate and Apportlonment was was
most poned Yesterday because of the absence OF tne
Controller and MIR. Grace. The latter is cohnheo
TO his house by cold. ..
The arguments before the Board Tor ana against 81
the scheme have not made President Coleman. OF
the Department of Taxes and Assessments, liieho
of the road in ITS shape. He hopes that tne
Governor viii not sign the bill. He has listened
during the five days of the hearing to what the ne
FAY, but he cannot approve tae des sc1a' he feel
entire confidence in the persons interested . IN IT, IT,
When asked to state the objections which no le. 70
the road as an officer of the city governmeht Mr'
Coleman replied:
do not OBJECT to arcade railway Qayhs great great
stress On the .s road had Ssen
built eighteen yeas instead OF the Brookyn bridge
II We had afforded the people whose kceps them
SaT: Sasx Of .esss. sss to 'a their place.
,.aaSie SaS property BrOosiyH one mas
early in the morning and late in the afternoon to get an
idea OF people who forced out OF New
odaeSs or them We not only heed an arcade
but we have 1t Is an absolute necessity BGt
the matter until proper b ia drawn up protecting the
Guys and the pr9perty.hodes interest," so hn a bs
that the city should be committed TO an arrangcmen. M
doing neither Of hese things and entirely inadequate Tor
40 NOT in,esd refer the hackneyed objections to
OSSs sn p.ops rst mo- % there no
eIvn demand to get to fty,nh,st as warrants us In
large ami important class OF people those who do
scheme entirely practicable Whether I, runs through
QIicksand mud, whether below or above tldcwRter
s % m na n Ss broad S% is made
by the supporters of the bin that TIC
along 81 Oadway have rights outside OF the building
line THIS selfish and narrow minded policy OF disre
garding obvious night showed me that the inter
fspftl n eft 4 n
the tender meIces of this company. Many Broadway
vaults aad cellars under the sidewalks right that
TO the value OF the property These vaults are
its own The Broadway property from fliy- i.
nqn down ,ys %sGs Of al 6s
OF taxable property not one has been consulted about
for nure. that would be sustained by having goods in
their Easements hurt by the bursting OF mains or py
o5srnctons To- business ali along the line mast occur
That cannot be explained away ana VIII 80 damage
the value of the property as be seriously iet In 'h's
We must raise every year at least s35.oooooo to
meet our necessary expenses and that portion Of the
burden which is taken off Broadway must be laid on
elsewhere. have carefully considered his important
phase OF question and the loss 10 the city
will be at least 100000 and perhaps 81 100000 year
directly caused by this work. We cannot stand III; 1t;
there by just this kind of barefaccd legislation
Whatever except What is claimed il Vlll
cost the company to alter ana protect tne ne
superntend the work were appointed before this bil
was drawn and now as the pians and conditions are
wholly different, would be well to inquire what Their
standing Is before investing them with 50 much power
lien of the highest type should be selected for TINS
work The plain fact is that the city is asked to hand
over to private corporation franchise of Eesti-
mahe value without any ample security,
without any future guarantee control. ana
without any bond of further liability. all
on the plea that the road is needed. Maybe 1t IS but
not 10 any such extent that II they were going to
confer a tangible beneht on the city by running TO the
upper part 0f the island development
ana make building profitable the reward Of an Increased
property value and Its just equalization might warrant
us In cOnceding such privileges TO corporation. But
that cannot lightfuly be done In this case