New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-03-11
NEW BILL FOR RAPID TRANSIT
TO BE PRESENTED TO THE LEGISLATURE
BY THE CHAMBER OF COMMERCE.
IT WILL, EMBRACE THE HEWITT PLAN FOR AN
UNDERGROUND sYsTEM-sUCCEss coNfi-
IDENTIFY LOOKED FoR-THE COMMITS
SlONS FONDNESS For TIE ABB

UNDERGROUND sYsTEM-sUCcEss CONF
IDENTIFY LOOKED FoR-THE coMMIs-
sIoNs FoNpNEss FOR THE ABB
sURD BUsHE PLAN.
Something practical in the way Of rapid transit
IS in sight The committee of the Chamber OF
Commerce appointed TO investigate the Tapiu
transit situation had meeting last THURSDAY
and prepared a bin which will be presented to the
LEGISLATURE some day this week. 1t PROVIDES
for the building OF an underground rapid transit
system on the Hewitt plan, which Is: that the
city shall own the road issuing bonds TO delray
It's cost while the construction and maintenance
shall be let 10 a responsible corporation Inc
full text OF the bill has not yet been made pupiic'
but It is understood that 1t provides for legisia
ton which will give the greatest saleeuatu
~ th. ieeile Of the city bonds II will also PROP
ably provide for the appointment of competent
commission which will have the general super
vision Of the building Of the road.
The action Of the Chamber of Commerce III
interesting itself in the rapid transit proo'eh,
has been greeted with hearty approval from al
people who are interested in the prosperity Vi III.
ct,,, T,s Endorsement Of the Hewitt plan ana
us endeavors 10 do for the city what me
nresent RAPID Transit Commission mas iaIieu
To- accomplish is an indication that rapu tia n
be given 10 the people OF New-iorh'
PROVISIONS OF THE PROPOSITION.
Tho Hewitt plan vests the ownership OF the
rapid transit system in the city. Inc oo'''' ~
,ion and operation of the road are TO De IN
..,,.,.a 20 "such responsible corporation now
a,istin, or hereafter 10 be formed as may III a.
dillon to the interest on the city BONDS pay az
largest annual rental such excess 80 ~ the city
n sinking fund To retire the bonus VI .ine A. -
ord when the bonds are so retired the Iease rs 10
he terminated" After that the tease . smns a
sold ~ the highest bidder. upon such Terms 81
s,a,. Ia nresrribed by the city authorizes. IoI
neriods not exceeding thirty years, III ne 'a'O
General manner as ferries are now sou, ..
Tba RAND Transit Commission VIII nase
ready the impracucabe. unpopular ana riu thia
ious Rushe plan for an elevated ROAD carry MS
,yeok Work upon this plan Is ABOUT ii'lt o -;
and 1t will probably be presented 10 '' %on,p~is
- Aldermen I'm day two. Tne SoiIIhls-
zion NAV however wait until Mayor GlIrOy r.
turns before taking its plan 10 the oS -
The hop growers syndicate Is IN ie sa1 ava
hid for the plan the minute IL Is oieIeu' GU
o,,srv nressure has been brought 10 pear upon
the commission by this syndicate not 10 siIe up
the Bushe plan. The Manhattan EleVateu I,ai n
yav company Is anxiously awaiting the latest
development in the rapid transit SITUATION pe-
cause n sees in the Bushe plan the easiest way
| OF getting extensions TO its present system
IT HAS OUTLINED ITS USEFULNESS.
Nov that the Chamber OF Commerce has de-
| cded 10 do the work OF the Rapid Transit COM
| mission every one Is wondering why the hapio
| Transit Commissioners do not draw down me
| blinds in the William-s office and graceruiiy
retire from the field IN which they have 1aporeu
| so long and uselessy. The public condemned
| the Bushe plan when II was first proposed out
| the Commissioners could think OF nothing else
| 10 do and probably they wanted nothing else
| To do because Mr.. Bushe said that the pan was
| good and that It must go. Mr.. Starin alone
| stood out against the plan. for he Favored al,
| underground road. and not one that would
| eventually fail into the clutches of the Man
haitian Company.
There will be a meeting Of the Commission on
Tuesday.