New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-15

OF THE BOARD OF
TRADE.
The Chamber Of Commerce will meet THIS ai'er-
noon to receive the report of the special committee
appointed by the Chamber two weeks aso u "
vestigate the rapid transit situation III 'n'S 0"'
The committee has had two meetings po'n %
which were given up TO the discuSSlo" "a '
financial end OF the rapid transit question: anu '"e
plan suggested to the Rapid Transit CommisS'oneiS
nv u r Wilson & Co-namely. that the ciy
sboud lend two-thirls OF the money required u
build an underground road-has been the cH'ei o'V
under discussion The committee Is OF 'ne oi"''0,
that rapid transit cannot be got by private c"p''
60 II will report IT is thought, favoraby al 'o-ud!
meeting on the scheme OF borrowing from the CITY,
7, ,s exnecte1 that the committee viii be continued
and instructed 10 investigate the rapId TRANSIT
problem further taking under It's cohS'ue'a''om 80"
best methods anG routes for rapid TRANSIT ldc''','A
The Chamber may however. indorse without Iur-
ther inquiry the Wilson plan for an underground
road which was fully explained TO the o""i'oe'
at its last meeting by r. T. wilson
ANOTHER COMMITTEE TO Go TO WORK
The Board of Trade and Transportation con-
adhered the rapid transit question yesterday ana
passed the following resolution:
Whereas The solution of the rapid transit ques-
n1n IN se That the Presdent OF Board is
hereby authorized TO appoint a comi ILL., ,ans
nroposed for rapid transit reporting thereon to
the Board at a meeting t" be he'u '"o WINS ''O"'
this date.
simon sterne George F. Morgan, James Talcott,
E. ]. Callahan and James T. Young We're appoln'eu
the committee rapid transit. X l. WI'so"
appeared before the Board ana e%plalheu 'ie
Wilson plan Those who were present We're hiuc"
Impressed with the Wilson PLAN ana seNei"' i'''''
bers openly Endorsed H.
u the Chamber of Commerce ana the board o'
Trade and Transportation indorse the ""So" Pn''
T. will end It is hoped. the discussion as 10 "'e
best plan for rapid transit 1t mas peco"'e eNiu'''
recently that the Wilson plan Is the most satisfac-
toy 10 the people Of this city, and if representa-
tive body like the Chamber Of Commerce dnq Ba5
II. there ought 10 De no 's,,,iny from further
Transit Commissioners in dropping from lui ~
consideration all the wild scheiie@ '""' "'' >0'
stantly brought 10 their NOTICE
PEOPLE WANT TO KNOW THE REASONS.
The Commissioners have already said that the
Wilson plan was a good one, and when II was
erst presented TO them they put the seal OF thelr
approval upon 1t. This being 50. many peope
have asked WIZ the Commission continues 10
work upon the unpopular and impraccaoe y,nnne
Interested in RAPID transit are wondering wy sone
Commission is spending the Guy ni C3Smi"soners
answer that it is necessary for thein 10 n UnGer
oronnd scheme amounted to nothing, they WISH
10 give 10 the city another plan as me rTS'' S No
Cnmnission. one man on the Commission thinks
the Bushe plan good one ana 50 Ne Wiamst TO
the CITY Hall at least The Commissioners say tina,
the Wilson plan aG cnhhU % pc vote on the amendment
II il is made to allow the city 10 iend 1 is an
excellent thing to work upon II the busne p@n
is not TO be accepted by the city ana th , benr
accepted the people wonder why all heSe ,, 99a 6s
are being spent ON r9Sn syndicate wants the
Bushe independent elevated rarGaa' Du' CO. 80, rore
are ,S ca WaT uT The Preliminary
veys. 1t is said, are ended and me ,h niTy For
the last four months the Commission mas De9 IN
spending money SnsS on the wilson plan should be
cepted. the Commissioners VIII cOnl,n1he ne cpoGite
tbev y'e saw With doing that for which they We're
appointed The question has been a1 Wfsop Sian
they should come out boldly anh ~ SAY Nom S until NH
then nothing more Gan ne, sbnt Gp shop from
now until then dismiss Their large lVro ~ o bands
OF the people?
HOW MONEY Is BEING WASTED
rbere are five men employed in the ONCE IN
Williani-st.. and about thirty who are on 'ne en-
Vineering corps for the Bushe plan. Inc expenses
Of the Commission are extremely heaNy' anu d.
ra,dv the CITY has made objection 10 their asked-or
.nnronra,ions. over 100000 has been spent by the
CITY on the Rapid Transit Commission ana J. mas
given ncnns In 5siur Seemed r0r that the work Of the
Commission near TO an end MI wilson oi irs
Hu tak Would an then have to do would be to
the PLAN close its books and gracefully re'Te IRON,
thourh inc Commissioners would do this for when
they first heard of the Wilson lan ME- lhhai sa,u'
ats good" Mr.. seinway Mr. Porter ana MI, MI;
Starln joined in the chorus. while MI Bushe seeiilr
Interested at least The Commissioners then sald
that the Wilson plan the only one by when ne
problem could be solved and they assured MI VII,
son 10 that effect For week they studied IT, ana
then they took ii Mayor Gilroy, who objected 20
The CITY lending its credit. This seemed 10 dis
courage the Commissioners. so back again t Iney
went to the Bushe independent elevated ROAD ms
should not have made them lose courage. II me
people rapid transit and they see no way %
frattjng H. except by the cys help. they may Vote
IN such a way next fall that there Will be no DOUBT
about having the city lend two-thirds OF the capi-
tal required 10 build the road.