New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-08

Hewitt smoke in such high and deserved terms OF
eulogy did also with other eminent men, g Ns h
~, this valuab bic testimony see other cities an
ticpatng us in the adoption OF that methou oi Tan
SS i.' .d that we have a choice between sub-surface
and elevated roads. Conceding tnat the la,tea
Should have nsc'' may be taken FOR
that in view of the enormous expense hc'tht 70 q
svstem NJ construction which involves the taxing OF
Valuable p-vate rights our people would not con- on
sent to devote other main arteries OF .rave 10 ere
,o,ed strctilres That our citizens Will De neon
venienced for time by the adoption OF this plan
IL contractor shall undertake to carry II out no
ono disnutes but this consideration In the opinion
of your commission. must be overlooked In com
parson with the enduring benefit when woI "a pd
of Rapid Transit Commissioners carried into erect
stimulus that it would Tye 10 and our tSeSefore
while they have given due consideration 10 me OBJ
ectons Of the Broadway ana nave vn nor
Commissioners of opinion and do hereby deter
Roard Of Rapid Transit Commissioners ought to be
adopted and that the railway deterinned upon by
the said board ought to be constructor anu operated
no EFFECT on STOCKS.
The report Of the Supreme Court Commission
ers on the rapid transit scheme was without
effect on the stock Of the Manhattan Railway
Company or the Metropolitan Traction Company
because the news of it did not reach Wall Street
until after the close of the Stock Exchange
Tboro were no dealings AZ all yesterday In Man
haitian stock. and only 100 shares of Metropoli-
tan were sold The Metropolitan showed loss
az one point from the last previous transac-
tion
THE NEXT STEP.
Lewis l. Deaheld. secretary OF the Rapid
Transit Commission, when Informed OF the re-
port of the Supreme Court Commissioners yes
terday afternoon said to a Tribune reporter: "As
soor as nossible a motion will be made in the
Annellate Division Of the Supreme Court for the
confirmation OF the report. / presume that at
the time of the making OF the motion the OPP
ponents will want to argue the alleged constitu-
tional objections. and these must, of course. be
considered by the Court II the report shall be
confirmed the Rapid Transit Board can proceed
at once to consider and adopt the detailed plans
and specifications Of the rapid transit railroad
Having adopted the detailed plans and specifca-
lions. the next step Will be TO prepare the con-
tract for the construction and operation Of the
road and offer 1t to bidders
II may be a month before the constitutional
questions involved can be argued before the
Appellate Division of the Supreme Court. and 1t
cannot be predicted when the Court Will give
decision on the questions at issue. Several con-
stitutional questions not involved in the report
of the Supreme Court Commissioners will come
up in the argument Of an application for an in
junction to prevent the payment Of the city's
money for rapid transit purposes. If there Is
final decision Of the Court in favor Of the Rapid
Transit Board. the preparation OF detailed plans
and specifications Will require work for several
weeks after the decision is announced. 1t VIII
take another month ar least. the lawyers say. to
prepare the contract for the construction ana
operation OF the road. and II is not expected that
bids can be called for until late In the summer.