Telegram-herald., 1890-05-18

kFA-xs as.Esss Els "a 41saa r. yer fTgG4
hoboksa - Nss Eorz d~Arfs the stassa
Islald strzctzrs 4lLost into insi 4al1-
eanee. ID . largely a Jsrssy satsrpFis too
Although - So p5rters cone froa aalt
= dozen states 30 deals are necessary,
except ths ous thst Elll zst sha proper
permission from Con grsss- 1ns money
for the sa prise, Which it = ssll-
mated Eul eoss a. leass So % 90, .
alrs.d = saaraatsed GustAye Linden
tA4L, shs engineer. Is hard az work Ia
Washington sadeaE0ring 20 prove It's
plaa feasible Llndeuthsl Is really ths
author Il ths sehsms snd It's most ae-
tive promoter. but there IS squist,
modest Jersey man -h0se ability i IN
dsrstsod % have been the means OF
securing ths necessary financial back
ing for she project. His name Is Ed
~srd = c Young He Is president II
tie First National Bank Of Jersey City,
enc of toe staRnehsst hnaneiAl instita-
sioas Ia the country Mr. Young has
gradually bseosas recognized as hnaa-
eisr Of anusaal ability he Il. mOdesty
itself aud never pushes himself for
ward 10 wasn't necessary, for they
say ais sound views and keen and secu-
rate perception we're b0znd 10 0ia hIm
rscoxnItI0n. Hs Is known in tbs best
banking circles ~ New York and Phila-
dslphia, and commands tho highest
sssPset- hs Is conservative and yet
wonderfully energetic when occasion
demands He i very popular and can
have any political ohtce in the gift of
the people OF the State Hs is under
stood 70 DO slated for the next Governor
ot New Jersey, when Leon Abbstt's
term expires His frisnds say that but
for his illness and ais repugnAnes 10
sntasoniEinE Albeit, he would have
been the successful Democratic candi-
date last fall Mr. Young. in eonnsc-
sion with Engineer Lindenthal has
been over foHr years organizing the
company and preparing tho plans.
Young1s careful and skillful hand has
been percsptible all along There has
been none Of the haste and impstuosity
that characterized the promoters Of the
Staten Island scheme Everything was
In shape, all the maps were carefully
drawn, and every preparation was made
before the scheme was announced. Ia
fact, no intimation OF the project
reached the public until bright Con-
gresham NcAdoo. Of New Jersey intro
duoed the bill in Congress few months
ago. W hen il was submitted, 10 was In
condition - DO pushed straight ahead,
and the committee reported il favorably
before those who intended 20 oppose il
had time to pull themselves together
The details OF the scheme are familiar
already. more or less, TO the public
The bridge starts st Hoboken, near the
terminus Of the Delaware, Lackawsnna
and Western Railroad, and terminates
at or near Fourteenth street in New
York IL Is 20 be a suspension bridge.
Il will be 80 feet above high tide and
have central span Of 1850 feet. It's
total length will be 8. 500 feet, little
over a mile, and will be made almost
entirely Of steel and steel wire. The
supporting cables W III be four in num-
Der. and each will be four feet in
diameter There will be two towers.
one at each end. They will be 500 feet
above tide. and will be constructed Of
steel lattice work on granite founda-
tions. The anchOreges viii each be
larger than any of the, pyramids OF
Egypt, aud VIII have tunnels through
them az least 300 feet in length. On
computing the cost at SIG, ,000, 900. IL is
estimated that the bridge alone viii
cost t16 COO 600, the approaches - 900,
600. and the right o; way s13 0G0, coo
This is considered liberal es-
innate. and It Is believed the sum
named will cover the entire expense.
To have this enormous sum pledged n
advance required diplomatic skill and
great financial comprehension, aud il IL
for these traits that President Young
receives deserved credit That the pro
jsct will be successful is the confden:
expectation of its projectors. It is true
The En- nglish capital that has taken hold
OF the tunnel under the Hudson. from
Jersey City 10 New York, will fght the
bridge, and tho opposition is already
manifest Bat ths bridge promoters
say they can overcome all opposition.
While the tunnel is one-third com
pisted, the bridge, # Congress consents,
can 30 finished before the remainder of
the tunnel is built. Pan.