The Providence news. (Providence [R.I.]) 1891-1906, 1893-10-31
M'LE0D'S NEW Y0Rx LINE.
IL VIII Enter the Metropolis Over
the Manhattan.

= Bosroy, Nov. 1.--At the meeting or
the directors OF the New York & New
England railroad, J. L. odell was elected
vice president in The place OF i. ii. Prince.
Mr.. Odell was previously general manager
OF the Baltimore & Ohio road.
The directors authorized the president
to make traffic contracts with the New
York, New England 4 Northern, also for
the construction OF line between Mill
Plain. near the New York state line, and
New York city; also an agreement with
the Manhattan railroad company Tor an
entrance into New York city for the New
York & New England railroad for both
passengers aud freight.
The Ryan & Mcdonald construction
company will build the new road, turn II
over completed TO the stockholders OF the
New York. New England x Northern; 81
per cent of the New York * New England
railroad company; the Ryan q Mcdonald
construction company furnishes all the
money 10 build and equip the road.
Mr.. M Ieol was further pressed to
give addi ional details as 60 how these
plats would bear upon tn future OF the
city OF BIS on, the New E1gland states
and the NV York and New Engl md
railroad. While he declined to be utter
viewed. h said that looking over the
ground bro Il y, II must be- ptuin e. every
busi ess man that il means an addi ionfl
independent line bet ee the two great
ci les OF Boston and New York, including
all intermediate points, with Independent
facilities for both passenger and rrelght
business.
ut is we'll known that the New York
and New England railroad is surrouudel
by several roads paying TO 10 pr cent.
dividends. naturally the question
would be ask why is the New En- slan d
road unable 10 pay dividends. The
answer is plain. 1t has no en- rance into
the great metropolis aud therefore its
terminal facilities in Bos on and other
trade centres are of little avail to do busi-
ness without corresponding facilties iu
the city of New York. The New ENGLAND
roa is equal in al respects TO Is compel
tors except that it is unable TO enter
New York on equal tosfns.
"Our movements 10 secure the con-
struction of his new line have been a.
rapid as the laws IF the ate Of y w York
W uld permit. The 10 lislatur. Of that
s'ate bassed law last winter making II
necessary Co apply TO the rallIoad CON.
mis- zion for charter to build before any
work could be dooe. Their assent was
readily obtained, but under the law par
ties who were not satisfied with their de-
clsion had thirty days in which to file a.
appeal The time has just expired and no
appeal had been made, ava we are
therefore in p lsition to 90 on with the
construction OF the line without possible
interference"
The connection of the New York aud
New England with the Manhattan Ele-
vate Will be just above tue New, New
Haven and Hartford freight terminus
near Third avenue aud One HUI dred and
Forty-uiuth street The SIKH Avenue
Elevated will probably connect with the
new line in union depot for passengers
aud express at that point.
The freight terminals will be just east
ward at Port Morris aud Hunters Point
There were present President. Mr.. A.
A. Mcleod; directors. Charlemague Tow
er, Jr.. Philadelphia; c. +. Gross. III lr-
f)rd James Armstro e. New York: j.
II. H,nsler, Jr., Newark. n. j.; T. G..
Piatt, New York; Samuei Heilner, Phi
adelphia; Arthur Sewall, Bath, Me-: NJ
j. Perry. Providence; ID S Plume Wat
erbury, Conn; B. Il. Vaughn, Prov
dence; J. S. Sin OF, p iladelphia; +. II,
D,i,ca pn.tot + w noana Cbicap,