The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-01-19
FOR ANUNDERGROUND ROAD
.,,xEh WILSON AGAIN SUBMITS HIS
RAPID TRANSIT PLAN

0iarO
- eled into the meeting room. President
s,s,nvay Rounded on the table and said;
sn.n,lemen. come to order. We will dispose OF
An. reading Of the minutes. Now. gentlemen,
shat is before US to-day"
n, Bushe-A communication has been re-
sslysd. "
Mr.. Bushe handed a wad OF typewriter mat
a, N Mr. Steinway. who began reading as fol-
lows:
os,r to build underground system Of rapid transit
n,rcy oy r. I. WtsoN CO.. BANEERs AND ConnfssioN
Y,,ea,vrs 8s Walt sTRrEL NEW YonE. Jan. 10.
1894 Post once box 1889.
well. we'll" said Lawson n. Fuller
Not noticing the interruption President
nsinway continued. and read:
vnan ,t.inrav Chairman Boa,d Of Rapid rtan,h ovm-
1ossfL
n,,s STA, We oner to buiid an underground system
.,,,pd transit for the city of New York substantially
an an. route and generally on the plan adopted by
N YOUR report to the Common Council Of the goth Of
october. 1saL
I,Ara.rantee OF our good faith In the matter We
,,opo, to deposit the sum OF one million dollars (sl
onioo IN valus In good securities to be approved by
you IN rst class trust company in this city, on the
ambition that the shah be forfeited to the people
sftAs city ofNsw YORK in the event that We shall fail
N ,rn contract for the construction OF such road
,O, Of the people of this city. as hereinafter suggested
The rest Of this communication was printed
IN THE SuS about eight months ago. In brief.
n was that the Wilson syndicate would build
The underground as far as Harlem within four
ysars. and after that time q mile year as fast
As the road below Harlem paid four per cent.
on its capital stock. Then 1t proposed that tho
capitalists should put mp one-third the money
needed, and the city should lend them txo-
thirds.
we are advised" the letter went on to say.
shat inasmuch as o constitutional conven-
ton for the purpose OF revising the Constitu-
ton OF the state OF New York is to meet this
coming sum mer. the present provision forbid
ding suchloan could. by proper amendment.
be removed In this special case"
The cost Of the road Is estim rated at S45. oo0.-
OOQ The city is to lend $50. 100000 and the
capitalists Sl5.000.O0u. The company is to
pay the interest on tho bonds. and the bonds
srs to be guaranteed by first mortgage on
tho property. The document concluded:
wArs quite well aware that the Rapid Transit act
ais9i does not authorize the making of any such con-
by you tho city as here proposed. but we
advised that contract embodyng tho points We have
above suggested could be authorized by act of the
kEHALure to be passed this winter to become lawful
provided the Constitutional Convention should ap
prove the submssIon to the people of this state Of
amendment to tho Constitution authorizing the city OF
New FORK to make this special loan, and such amend
nsnt should be AterwArd adopted. aud our object In
Communicating with you upon the subject 10 be-
cause feel that our proposed scheme. In sub
stance. carries out The work we'll planned
LIQUID Win your sppfoysL We Ventura request
,ss SIX Of Msw Iosk ana possibly also to the Ls.,s
hlt legislation p.rmis'ins the making Of such con
t,,nn
srf.Is win Or !etar the work when your Board.
Of S.Ins t1r sale n sI Iss1sd
faa tha we have suggested carried out there Il no
rapid transit facilities than the PROPOSED elevated
understand that IL ia doubtful IL It viii be po.s
BE Tor you To o1er such elevated railway franchise for
Fopo.ition. ami The people in, Soysms.r Should q.
Scr inc ss1stsd railway frSnehss for sale, and L
Ne psops should vote against the making OF the PRO
b tic work in which your board Is now engaged, and
RTSi ySs nn oy r ,a n Tsy oa
pendent elevated railway system
During the reading OF this document there
we're signs OF much Joy In the faces OF the
Commissioners. When 1t was finished Chair
nap stsinway said:
Commissioner Inman said. evidently for
getting that the proposition had been dis
suggest that tive We have a special m Getting"
President steinway and Commissioner
Nj an-This Board as a Board, 10 fully
more eommitted even than the Board. ~
Iii. Everett. k r. Wilson's counsel. said that
" Bsaman who drew up the papers and who
kSsw wal az about them had been called away.
Nj. InmAn-Lets have the meeting to-mor-
Ar. steinway--No. let's have It next Tuesday
pMI MI. lnpSn, Mr. Bushe. Mr.. starin. and Mr..
fSE!erSIAll right
We will meet here Tuesday for this special
gSiPoss, Let's make 1t the order OF the day;
Mr. Edward Lautsrbach. who was the SUBJ
stance OF Mr.. Steinway's apitalistie vision last
wees, had come In while the X. II. Wilson doc |
sasa ssinEay y nsnf In. To- az
t9methinG, Mr.. Lauterbach 7" he said he would. |
IT, sSsr, Ts to sSm9Oth over the black eye
hIsd me day after his proposition was made |
, ma couldn't let him build a. cross-town |
conly Tor the present" he suggested that the |
commission include the forbidden eros s. town |
tSsti ~ me bushe plan. After talking about
a But whether that route Is included or not. |
H. , no respect changes my attitude Whether
R,IInages to Brooklyn are built or not the |
ias wil as proposed is thoroughly inyit-
a aSis Regarding the underground plan can |
NJ My ron tickle me and I'll tickle YOU Mr.. |
ieetGoS W. H9h OBJECT TO our road. We won't OBJ
VIZ .IIensrkei further that Mr.. Choate. OF Mr..
me Ces c0lnsellors. would be a member OF |
be- 1AuIutonAl Convention. and so would |
vim toea6y," he said lit il not Intended to |
pr'blgiHt NE provision in the Constitution |
ereditT al municipalities TO loan their
htoTGng NJ wilson texeItedly and generous
for our lHSsl isn't It's only in this case. Just
o, w Ut, Lautsrbach tmuch rslisvsdl--Ohl Now.
II Sisnss, TINS matter will be most Interesting
Hapse4 by the Convention.
Ilon Hne begged tho pardon Of the Commits
kteinv- tAAlLg up its time, and Chairman
AMI n ,raned back in his chair and. looking
Nbi"S az heartily favor the underground,
taell transit" - '''N ''-'
For6&ht.s p2nderous gentleman arose. He was
Gsba1tS ~ sIorTls. the lawsr who argued in the
a. me-, sIn against MIR. LauteTbach's road |
:" fItv'et W 10 the railing aud said;
narks-,e a9mtihlng to say about the few re-
And -, mAie Nv my friend. Mr. LautsTbach."
GeasS"fS a hs proceeded TO bang the eye the |
bsbSaJ1' Term had damaged. incidentally he |
sad, system ana the board he
toryA IN ~. Lauterbach says. We have the VIC
Jetl "a ns Sryss-town light. but ne have not |
kox' ,l, t-ts IhAl decision and We do not know
Grsst .-Sn OF NictCrT We have. We fear these |
loo.s,f sven Ehen they bear gifts" Here he