New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-01
-.uo1rLD TAKE ALL OR NONE.
.rrAN AND THE FRANCHISES.
,.,v THE VALUABLE DowNTowN
GRANTS IT WILL HAVE TO PAY MORE FOR
~urv-coxrRAcr CHANGES ADOPT
=, pY THE RAPID TRANSIT
COMMISSION.

r.,ns,t Commisson ers intend 70 re-
inc i'"' 10 decision they had previously arrived
eeuo ,,s Manhattan Railroad directors S"ou'u
op,ion OF accepting such irahehises as 'hey
'"'0 ~ y. the seven grants whch th9 hoiio was
peas 80 Give them. At meeting or tho commas
VIM rold Yesterday John H. Siarin reported tha'
s'' co,,oct Committee had reached tho conclusion
the - ,ierv OF the great value OF some OF the
ti.os especially the CITY Hall branch. cross
49,. r,oalway. and tho West-st. line the Manhat-
n company ought not 10 be AT liberty 10 accept
-, franchises separately upon the terms which
10 heen laid down. unless the city shali al the
no., time secure the relief proposed by the other
sn.t,sos Tho terms OF the franchises most at
80. IN thu Manhattan Company Nj Starins
.,or. continued. had been made easy IN the hope
80, be company would undertake those which
:, ,,,rst deem 10 be less attractive. The report
49,, went on 10 state that II the Manhattan Com
,orv should lie unwilling TO undertake the whole
=. tho extensions, notifications should be made
In the terms or the iIalicH'ses accep'eo ~ t-e
s,evated company.
briefly the meaning OF the report is that II the
Manhattan company accepts the valuable downtown
franchises and rejects those applying 10 the north
en- territories. the Commission will insist upon
hicher basis OF payment 10 me city than that
previously agreed upon.
at,er the meeting the Commissioners refused TO
discuss the circumstances which led TO these
changes but admitted that they had been adopted
only after q long discussion. Lewis L. Delafieid.
The secretary of the Commission said he thought
the committee had been induced 10 suggest the
notifications IN question. because OF the arguments
laid before the Commission last week by delega-
,icn from the northern districts. The delegation Il
vly be recalled, asked the Board to stipuate that
the Manhattan Company should accept all or none
O, the franchises. otherwise the company would
dorbteaiy refuse 10 make the northern extensions.
The opinion prevails. however. that the proposed
notifications decided upon because Of some In
t.ma;ion conveyed to the Commission that the Man
haitian company intended building the remuncra-
tive City Han and Wes;-s.. branches and rejecting
the other franchises.
No action taken upon these notifications.
nor any action taken upon tho granting Of the
franchises. although Controller Coler was present.
Mr.. Coer. when seen later, denied that theie had
been any discussion at tho meeting and added that
while he had received 4 favorable report from the
engineer Of the Finance Department upon the eng!-
neer.ng features OF the extensions he had not had
time 10 examine into the financial aspect OF the
George L. R!yes submitted 10 the meeting tho
form Of contract for the construction and opera
extremely volumisoHs 1t IS providei hat work on
The road Is TO &c begun within thirty days "iier
the execution or the contract and 8 TO be completed
within four years. certain legal delays and delays
lays by the contractor per cent month after the
from all payments for work thereafter performed.
BY the terms Of the contract the City is TO conduct
all proceedings necessary acquire real estate for
the construction Of the system. TWO hundred AID
flty-n!re sheets OF drawings accompany tue con-
tract, exhibiting IN great detail the work to De
performed. These drawings ana tho spec4ncatl0nS
show railroad OF the highest grade. acapicd 20
the necessities OF the people Of this city. and the
bost material and workmanship are In every case
required.
BY tie terms OF the lease tho city lets the rail-
from completion. The committee has fixed the
rental az such an amour; rs sha.! lie equal 70 no
interest paid by the city Oh no cos. u. iIc Ioed
together with additional percentage tcr sink
ing fund, and further payment rental or = 2
per cent the excess Of tho gross receipts IN any
year over 100000.
The contractor undertakes 20 run trains OF two
kinds-lOcai and express trains. The local trains
TO be run at average speed between sta
and express trains al average rate OF speed OF
not less than thirty miles an hour. During me
day trains 10 be run TO meet tho reasonable
requirements OF The public. During TWO hours and
a half OF the night trains 10 be run al inter-
walls Of less than minutes. end between The
hours Of and a. IN. they are 10 be run a. inter-
walls OF not less than fifteen minutes ADVERTISE
ments In the cars and stations are only permitted
within certain limits. and subject 20 the approval
.1i and elaborate provisions. that the contractor
shall supply rolling stock OF very superior quail
fly; that Il shall be adequate 70 The requirements
o. the public; that schedules OF the equipment
shall be filed 80 as 10 mako the lien OF the city
readily enforceable. and that tho equipment shall
be kept all times In good order.
!, resolved that the draft OF tho contract
should BE sent 10 the Corpora ion Counsel. as his
approval is required by the statute.