New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-04

Of the city Of New York. and a bond, with suffi-
Gent sureties for $4,000 600 for the completion
Of the road within the specified time, and 81
600 600 additional "a a continuing security for
the payment Of the sums at the time and man
ner heretofore mentioned This 81 100000 bonds
with the rolling stock and equipment. which VIII
cost. under your specifications. something over
S3O00OOO will be continuing guarantee that
the city will receive it's payment"
The proposition also gives the names OF
large number OF firms with which the Metropolis
Contract Company has already entered into
contracts for the supply Of structural steel
steel rails and other materials necessary for the
building of the tunnel. and states that the WORK
will he done under the direction OF Charies
.Sooysmith q well-known engineer
NOT TO USE A GRAVITY SYSTEM
An authorized representative Of the Metro
politan Street Railway Company yesterday
characterized as a pipe dream the report that
his company was drawing up plans for under
ground stations which should be approached
by the trains up grade and lett on
down grade. thus making the bottom or the
tunnel undulate in waves. This use OF gravity
IN stopping and starting trains is an ola ue-
vice In engineering but it was authorita'NeS
stated Yesterday that the Metropolitan company
,ice. should it secure the underground fran
chisc
The Metropolitan company" The Tribune re-
norter was told has not discarded any of the
plans of the Rapid Transit Board. AS to the
assertion that The pending bill, as amended
permits the use of steam power in the tunnel
II is inmateral whether ii does or not so lar
as the Metropolitan is concerned for assn ,s ny,
the company to be the operator IL Wouiu We
precisely AS likely to employ steam as u re-
store stages on Broadway 49,.
Albert Il. Boardman. one Of the counsel TO tlle
Rapid Transit Commission. commenting Ets' 81
dav on the discussion which the terms 81 III,
Netropolitan companys offer has aroused salu
that many of the objections which had peeh
raised while we'll founded were premature
Said he: - H.,
THE amendments which the Commission has
asked Of the Legislature do not commit II either
70 constructing road with the CITY money vi
10 making terms with private capital lheE
simply enlarge its options for action by permit
ting IT at its discretion TO undertake what the
whole city favored at the outset-constructlon
by private means-and which was only aban-
doned because it seemed then that no responsi-
ble bid could be secured. They place the Com
mission in another attitude than that Of knock
ing with vain iteration at the CITY treasury
, no MORE DELAYS.
When they are passed. there will he an end
OF delay 1t will then be up against the off,
cials who have the disposition Of the city 3
money. and IT the funds are sun NOT IOIthCom-
ing the Commission has warrant for doing
something besides standing knocking. The city
must select at once between municipal owner
ship and the release of the franchise on such
terms as the Commission find most adNanta-
geous. whether they come from the Metropolitan
people or from any other responsible bidder. In
any case. within six months after the passage
OF the amendments the first spadeful of earth
will he upturned in the construction OF the
tunnel"
Charles Stewart Smith. a member OF the Rapid
,eft - fhn riots a
turned yesterday On the steamship Paris after
visiting the various places in Cuba and Porto
Rico. made historical by the happenings Of the
recent war Mr. Smith was seen at his home.
No. ~ West Forty-seventh- st. last night by a
Tribune reporter. but he emphatically declined
70 discuss the Metropolitan cOmpanys PROPOSE
ton. He had been unable he explained. to
study the merits of the offer. and until he could
find the opportunity to consider the proposal, he
said he must refuse to comment on II.
For similar reasons. Mr.. Smith also declined
10 speak on the arrangement entered into be-
tween the Manhattan and Third Avenue COM
panes its possible bearing upon the tunnel
scheme.