The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-05-16
cosM1ss1oxxns rA,I 70 Ass.E
The Rate or Ccnpen-nion Manhattan Shall
Pax stu Under Discussion.

Inc Kate OF COunrcu~DttOu ~ cnbHttcu Snsh
Pay SIM Under Discursior.
The Rapid Transit Com missiouers and the
Manhattan Railroad Company were Just on the
point OF agreeing , yesterday afternoon andthus
giving the city the best means Of rapid transit
available when Commissioners Starin and
Bushe stepped in and said No" The result
is moro delay. Tho onmission had On OK
ecutive session from II o'clock to l O'Clock at
Mr.. Stelnway's house. Then they Innched
with Mr.. Stclnway. Mr.. George Gould and
julien I. Davies and Mr.. Levey Of the Comp
troller's office wero present.
Immediately after lunch there was an open
meeting. Mr.. Lovey was the bearer OF n letter
from Comptroller Myers on the question OF
compensation to tho city for extensions to be
granted to tho Manhat an. Mr.. Myers thought
that the first offer OF the Manhattan Company
to pay five per cent. upon the net income
from passenger traffic OF the new lines OF rail-
way other than the third track" should not to
considered for an instant. The alternative
proposition was no fairer to tho city. 1t was
that the company should pay to the city
three per cent. OF the net receipts OF Its en-
tire system-meaninG thereby the gross re-
ceipts. less operating expenses. which shall
include expenditures actually made during
the year to keep the road and equipment In
safe and workable condition. taxes and IN
moneys applicable. to dividends. Mr.. Myers
estimated that ands ,s shi. raIs The city would . "a
1891. S74.sUI.5H. He thought that the city's
income irom The Manhattan "a should not he less
the Commissioners to stand by their demand.
which was Just.
haitian Company's letter telling what It was
willing to do. and then pass on it section by
,M;r. Gould shut him of. 81, don't agree to
all the Comptroller says in his letter." said
Nj; sS OF si4 sSS t The city nS n RsStfs s.s G st5 tnGs in q
year by the three per cent. plan. This was
,nS Sss JI Fl Mr. q b. g len .;i S!ssas;' the o Ii n i',s
p PEN, and Mr. Gould said tSat Tho Man.
%ouia ride ,H,f IN /. f Il The ae &c SS,s were
said lidfhffE Il VS. s'RR nd n sts" facilities Hi sH ssss - s'lisa B. he
At las. NJ !, Davies ri. ,s,t h: i, 4 It the Msnhst:
ssp: ps sSi ga cent ss's g 'ssss i Ms: 8oy s%' said ali
worth without the Commission's permission.
ntnt came after the meeting had been. in
session two hours; when, Mr.. 1nman restated
tbs tbs r Isfn nst pe ct int s s6oniS in MHae y rsee ahss
ssss : s fHd tu's!e wss on d.d dasssS s ssSt ih nSs the to
ceipts SO com puted. MIR. Steinway asked for
said he fayored It. Mr.. Spencer said he did
aIJo. and NJ sstsinway siid p he was ,i e thG
We make that deduction. ! don't think the
COMPENSATION to the city will be 81 ficiene It
s 90 sIi y y6s ;aSid 5psns 4 pe sspsyinr # tSs eity tS
he said. sfor the lines laid out are such that
ing Inc road, Mr.. starin said he was OPPOSED.
on. and at the end q smother hour ~: stein;
q Directors and hnd ont what they would d9;
'"Oi what use is It for me to call together my
asrse?% a !. ksGu H. ksnt G6nid. 'c%HFfSs a~s a faenHs
promised to make recommendations to my
Board on every a%uestion at issue between us.
At this point compensation. was dropped
and the question Of extension to the city line
ti.t a .nfi mr.. 9 GOULD as sala 81 lis sH Soasa w wssIa p S,an
i.isnd until the porulstion warranted It
II can tel! you this. l will recommend to my
the net earnings after dsdueting the oper;
ds,I; which Is not Sn to exceed the first c0ns0li-
sition. and thus with a difference OF consider
ably less than SlO0.OOO between them the
matter rested.
Attimes In tho half hour Of more talk before
adjournment there seemed danger Of both
sides losing temper. Mr.. Gould declared that no
ness with the Manhattan it would say SO. and
il it didn't 1t would say so.
The adjournment was TAXI en- with the under
what 1t would do at once and let MIR. Gould
know. After the adjournment the Board went
BusnS we're obdurate. and nothing ca N OF the
meeting. Another meeting will be held this
afternoon at $3.50 o'clock.