New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-04-13


at this time still protect the interests OF the polne oi
thls city bv LAYING Independent lines.
the ment that the present proposed en-
tensions granted that hope t. at an end ana inc
Manhattan Railway Company VII have forever mohol'H
OF the elevated railway systems IL tiN cIy. NAV
moIopoy must not b, given unless contract Is eNccuu
ly Manhattan Railway Company by which thefe 7'
for further litigation aad under when II sn'.'
regularly the city oil Newi ok such coiHI'"'
as ny.
leluc dc.iror~ OF nNng su,h n.p'ns,tiOn OF q sum
against which no possible complaint can be made py 'c
Manhattan hallway company have concluded 10 "uois
the thsory tn law under which the West sue am
Yonlers Patent Railway Company was organized 10 "'i
charter the Manhattan Railway company sGc'eeu.u '"N
70 as.en: that the additional concessions De 2'"u' pa
the Manhattan Halfway Company coh'r'cuhs' w "
form 0: contract may be approved by thia Doaiu "
pay 70 this CITY i've pr c-ht upon us he' o'- w
alone of that nm, of is road which IT acquired uhdf
ihe above but also OF that pare "i i'' my
an which il now ray. nothug and upon the proposed
extensions and additions. Unless the company d's"
lay nothing the franchises can scarcely "'A o"'
terms. -,
inc MAN nro,o,ci remove, o5jceton that has been
made that the operation OF the ADDITIONAL hchuc' WIN
increase the proportion OF the roads opcr2tmg eAp'
As AGAINST its gros. II IMPOSES no op'sa""
u,,n tho ron,,any which Will have TO be PAID without
reference 10 its earning capacity, anu pS''s w
CORPORATION VITA \ monopoly OF the c!eNaVo I"'"''
system in the county NewIork, paying only h>c pi
cent uIon its actual net earnings from year !''''
have publicly stated should not stand IN OPP
position to the views Of MY united associate A.o
likewise publicly stated that 1t was my judgment ' w
interests Of city required the laying out OF an uo
pendent elevated railway System. shall apahaon 'iS
latter opinion for the purpose Of complying with the view"
Of NY assoeiatcs have no doubt however 'n'' INV!
will agree with that iIable compensation s"o'u "
dcSanlcd for this franchise.
40 my associates or any Of them deem that higher re-
turns should be required III" elevated railway COM
panes shall be glad to JON with them IN sueh >" ,
shall not however. assent t. any less Icluih 'S'
Weld my convictions % the extent of giving up a uc
PENDENT system but cannot give vote IN laNor VI
Granting these additional privileges to the Manhattan ~
way Company except IL be required TO make cohpnSaO"
at least to the extent have suggested
Nor is this all. While it is under the law proper uaV
the City Treasury shoad be compensated for the adai
tional franchises which give this cooperation tc gen
cIal travelling public must not be LOST sish' OIL INV IN
tcrests OF the public in NY opinion paramount u al
other conscientious and before acting upon thcse pro-
sad extensions want TIE Ct that public pro-
tected TO fullest extent of our power. NO ono WIN
dsltc that the present iacltes o"ec o'
the Manhattan elevated railway system ar absolutely IN
ADEQUATE We must make them as adequate a MA! oe'
1t is our duty compel the very best possible service
When Mr. Starin finished reading he offered
resolutions fixing the compensation to be pald 10
the city by the Manhattan Company at per cent
,of the company's net receipts. and naming such
other conditions as appear hereafter, numbered as
sections fifteenth sixteenth and seventeenth in res
olutions "a finally adopted
MIR Starin told the commissioners that ne would
vote for the resolutions agreed upon by them on
the sole condition that they fix the compensation
as he had Planned.
Il haven't given any thought to the question
of compensation" said Mr.. Spencer
Mr. Inman said that he had not given much
thought TO the question either.
Mr. Bushe wanted 10 Know what Mr.. Starh
meant by met receipts Let us have the
term defined" said Mr.. Bushe, land think we
ought to amend Mr.. Starin's resolutions so as to
require the Manhattan Company to pay the eX-
penscs of the commission"
Now" said Mr.. Inman "why can't we take
up the question of extensions and vote on COM
pensation later? l am not clear that want to
tax this road as much this
III be ready 10 vote tomorrow" said Mr.
Spencer.
MIR. Bushe said that he was ready to vote at
once, and suggested that it would be a good idea
to compel the Manhattan Company to pay in cash
at once the sum Of $?5o.O00 TO the city.
Mr.. Spencer thought it would be an excellent
idea to compel the company to pay to the city
the amount of the expenses of the commission
Question, :" shouted Mr.. Starin at the top Of
his voice Mr. Spencer moved the adoption of
the entire resolution, including Mr.. Starin's reso-
buttons fixing compensation and the amendments TO
them as was suggested. The resolutions III ful
which yield TO the Manhattan Railway Company
one mile and half Of the Boulevard and other
valuable privileges, were then adopted
unanimously.
All" exclaimed Mr.. Steinway, the rcso-
lutions were adopted, C am doubtful If we
have accomplished as much in two years as we
have to-day"
Mr. Spencer raspcd Mr. Starin's hand, ana
exclaimed You have been honest all through
this"
And l can say the same for you, Spencer,
Mr. Starin replied Then all the commissioners
shook hands with one another, and agreed to meet
again next Tuesday
The resolutions az adopted are as lolioWs'
Resolved That in addition ID the iacih''s' ''uiohs
and eNtesos herr approved, this commission h'c
by requires as condaon Of all grants to sad Manhattan
Railway Company that 1t shah acquir" construct anu
operate the following facilities extensions ana ADDITIONS
to it, present lines Of railway:
Yirst-rhe construction and operation OF line diVergne
from the present elevated structure at or near Batter!
place running thence along Battery Place to wcstst,
thence along Wesst Barrow-st, then'e along Ear
,ow.st TO pon; BedtOri'st, thence III s'iaB"
line through private property wherever Necessary '"
CROSSING Bedford Commerce Morton, Becker ana Cor
nclia sts, junction vita the t:ac"s oil sSu ia"'s
company at si>thayc West Thrist. with sw tehes
connections 49,,
second-From point its pes Mt structure IN MIMI
AVE. near One-hund hth-st, thence by curve
+, the west into Opehund ighthst thence along
One-hundred andcghh-st. 10 the BoueNafu or ii''u"
AVE.; thence oong Boulevard or Eevenh1Nc 10 Ham"
Alton Place; thence along Hamilton Pace IL le"ta''
thence along Tenha,e.- % point at OF near foi' "
Third he construction and operation OF sdines with
switches proper connections tic NihhaNe fo'u AZ
Fifty ntnth.s and at Observation-Disclosures III auu''
tlon all other tracks.
Resolved That the approyal OF this board for the con
sructon and operation of aid branch lines o. * sn
shall be given subject TO the following terms cohaiuohS
and requirements:
FIrst-That the franchise to construct ana o'eae ~
much said railroad along the BouleNad shai
no subject right construct and operate the uidc
ground railroad heretofore laid out by the commission
along other railroad mat may DC
hereafter upon along under such portion OF he
boulevard other commission authorized Dy
law.
secopd-Iha. foundations and structures foF sld
branch lines such admit OF constru ton OF
four tracks when required and that there shll
be no, tracks laid theron at the time OF
construction except however. that the structure through