New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-22
RAPID TRANSIT DISCUSSED.
BELIEF IN VARIOUS CIRCLES THAT The
DELAY Is ALMOST OVER.
RUSSELL SAGE TIMES $4,000 YEAR is to-
MUCH FOR THE COMPANY TO PAY
MAYOR GILROY's VIEWS.

MUCH FOR THE COMPANY TO PAY
MAYOR GILROY's VIEWS.
Russell Sage said Yesterday that the Rapid Transit
| Commission was abOring under dellsion when IL
| said that the Manhattan Company could easily pay
900 to the city every year for the rapid transit
| privilege. MIR Sage thinks that the commission
has made colossal blunder In putting the price ior
the privilege at such high rate. but he also THINKS
| that the commission and the company VIII now De
able 10 do business and to some satisfactory
| agreement.
Mr. Gould will not settle the question: SAID Dr.
| Sage. "Al directors. twenty Of rs. Will talk IL
over and Mr.. oioud's opinion will be cabled TO US
when he lands the other side doht KNOW
what | will do II the other directors accept the
$4,000 proposition. have told the comforter
tba, that amount Is altogether out OF the question
Washington F.. Conner spoke in more cheerful
way than Mr. sage and expressed himself as belev'
Ing that one or the other Of the propositions sub
mlttcd by the commission 10 the Manhattan Conpah!
would be accepted.
1T looks said Mr.. Common, "as though the com
mission and the Manhattan Company had reached
a basis for negotiation. The commissioner. have
made a proposition to the company, ana IL Is III
duty bound either to accept It 10 make counter
proposition
Tn. majority OF the members OF the Manhaftans
| conmittee on Elevated Railway Extension are OUT
OF town. and It Is not probable that meeting VIII
he held before tho first part OF next week. "hen
the committee does meet the terms dictated oy MI
starin will probably be accepted.
speaking yesterday OF the proposition OF the hap'u
Transit Commission To allow the Manhattan Company
to extend present lines and place additional tracks
on It's present structures for either an annual pay
m.nt Of ST. 900 for all future time. or per cent on
its net which percentage must not iah Snor'
Of sl25 900 a year, Controller Myers SAD
The offer 10 the company l. mighty cheap one
,ho Yl3J 600 the per
cent basis calculated the companys earnings OF
1soo excluding 81. O0O. 900 for interest on bonds
"The company viii probably Jump at the proposition
10 pay q lump sum OF $4,000 year IN pTpe'h's'
The city Is placed at a disadvantage and must nave
relief 1t Is n pity that this Is so. but we may as
we'll face the facts
Tayor Gilroy was visited yesterday by Rapid
Transit Commissioner Spencer and John NJ Bowers
the counsel TO the commission. After conference
with them the Mayor said
III the Manhattan Elevated Railway Company does
not accept the last proposition made 10 IL ny 'he
RapId Transit Commissioners, and so discharge us
obligations the people OF New-lorK. Shai on
much disappointed. / certainly am In hopes mat
one OF the propositions will be accepted. ana De,
lcyc that We will get rapid transit out Of IT, But
continued the Mayor, with increasing emphasis. III
the Manhattan Company does not accept either
proposition now made to II. and so regard inc III
tercss Of tho people. the Rapid Transit commissioners
will nevor again be called together to consider any
proposition the company may have 10 MAKE ana Ill
the event OF their refusal 10 accept THIS oner
shall n, long rs am I'm office. do all In my power
10 break down the monopoly OF the Manhattan Com
pany and In this will have the support OF all the
city officials The proposition OF the Rapid Transit
Commissioners Is certainly fair one for the company
II Is wholly immaterial TO me when one Oh the
propositions the company accepts, but unless one OF
them Is accepted negotiations will end. Inere may
be some little changes In the details that may he sus
ce,ted later the general proposition this re-
gard MS the final offer Of Rapid Transit Commits
soners 10 the Manhattan Elevated Railway Company.
IL one OF the propositions Is accepted the money
snen, by the commission will not have been spent In
vain aud the expenses OF the commission up to this
time amount 10 about Sl2O 900. and th, will be paid
the commissioners terms. That is OF the stipua
TONS
What do YOU think OF the route for the extern
sons laid ont by the commissioners ~ was asked
Il believe the Plan will give us satisfactory de-
gree of rapid transit The extensions will materially
shorten the time between uptown ana downtown,
and what consider vastly more important thng.
will give every passenger seat. regard thnt rs
a matter more desirable to gain than shorter time.
have had the experience Of riding up and down Tor
MANY years. and when get comfortable seat
and a chance 10 read my paper on the way down.
10 much. But when you have to stand up packed
I'm like sardnes, In such weather as this the time
does make a very material difference.
AS 10 the route In general. think II very good
working this matter for two years ana half. are
better judges OF the rone than people who have only
given II an hour or two OF attention. The commits
sioners have worked hard. and have reached good
NJ ia problpn