New-York tribune., 1888-03-25
". " CRYDERS TRANSIT PROBLEM.
PLANS FOR AN UNDERGROUND RAILROAD.

TO BUY BUILDINGS FOR SEVEN MILEs-IGSohANoI
OF MIR. GsACE's ALDERMrN
william Wetmore Cryder, the president oi 'no N
ison Square Bank, has undertaken to soiVo .no HAp
Transit problem of this city by means OF company,
which II II gets the requisite amount OF suoscrperS "
stock and becomes incorporated will be known as tho
CITY Railway Company. Mr.. Cryder takes mainly the
plans prepared two years ago by Colonel ho"laho W.
Hazard for use In tho railroad proposed for hims',
Lafayette place and Fourth ave. to tho Grana Cchi
Station for an underground railroad The iocat'oh
however has been changed The road Is to run rom
the Battery up under tho blocks west OF broaa~aS
TO the Boulevard and then onward ana upward 'hrouSH
oman cuts There would be four tracks.
The great feature of the plan Is the contemplated
purchase OF everything that comes In the way VI INC
proposed road Buildings In front OF s pain VIII 10
purchased outright and torn down and after the roa0
is built new structures, to be rented for various Pu
poses will be put up In their stead. The estma'co
cost s 100000 for each lot AS there are four ots 70
each block and i4O blocks, seven miles, are 10 90
passed under the entire cost Will DO over Slo
David NJ King, tho well known contractor, and
Colonel Rowland r. Hazard are Interested ID Inc Pfo'
ect Aqueduct Commissioner Baldwin Is SUD
scrber to the stock What stock others 90 not tsAe
II is said prominent banker of this city and ono OF
Philadelphia have agreed to take. Tho road Will run
lust under the surface 1t Will Do built as an opon
cut and then arched ovor, making the aroh oaroiy
visible In the streets. Mr. Cryder is ousiy w
cuped In getting subscriptions. "en-hho W..
tractor who was asked TO take stock. declined 10 90
So because, he said he considered all unoergrouuu
railroad schemes for this city lmpraoticabe, unless
the tracks were laid below all pipes. Sewer gas, no
said would work its wsg through brick ana stone
and would make underground road near the surface
a pest-hole. A small leakage In sewer pipe Id
house would create havoc and an excavation near inc
surface such as wonld be required for railroad "ouio
soon becomes intoerabc.
Mr.
mercantile ancestry OF the Cryders and MetmoroS
through which he is descended. When William n
Grace was looking around Mayor to give bis ADMIN
istraton as highly air as he conio es-
pecally In positions with salary attached he choso
MIR Cryder to fill vacancy In the Park Commission.
This was In the good and glorions days when tho
Aldermen held tho whip hand and could adopt or re
iect the Mayors nominations. Tho name OF this one-
blooded New-Yorkor duly presented by the Mayor:
II was received with strange calm Tho majority OF
the Roard held It's breatb-a strong one Then after
a nause a representative Of that highly representative
body of men OF the metropolis rose cautiously to bis
feet and thus addressed the chair: 1000
Msther Prisidnt 7 hear the name OF Wliilan
vemor C-rr-ryder prcsinted by his Honor tn" mayor
for Parh Commissioner MI PrisIdInt. who IS William
wetmor C-r-rryder7 nivver heard Of him.
move that the nomination ne laid npon the table"
And tabled It and so remained at last accounts.