The daily morning journal and courier., 1900-05-08
LONG ISLAND ROAD DEAL
PURPOSE OF THE ABSORPTION IF
 THE PENNSYLVANIA.
Statement by an Executive Officer "h the Latter Cempauy-Connection to be Ultimately Made by Tunnel Be- Freight Congestion-A Connection Also With the Consolidated.
Also with tho Consolidated.

Also With the Consolidated.
 | Philadelphia, May 7.--An executive off,
 ficer of the Pennsylvania railroad stated
 to The Associated Press to-day the
 purpose of that company in acquiring
 the control of the Long Island road.
 The traffic of Brooklyn, he said, with
 it's more than one million inhabitants,
 has been almost entirely confined to the
 East river front. All of the freight
 brought by the railways to that city, as
 well as that taken from there for dlstri-
 button throughout the country, has 5een l carried on car floats or lighters between
 terminal points of the different railways and the piers and freight yards along
 the East river. Not only are these Ge- cilities limited and crowded, but busi- ness and manufacturing industries have
 necessarily been confined to the very re- stricted district along the water On
 the other hand the tracks of the Long Island form belt line extending around the outskirts of the built up part of
 Brooklyn from the 34th street ferry to
 Bay Ridge, with lines into the various centers of the city. These lines afford tllt Ilcdilo OL llClSIiLtACbSNfo,
 yards for carload deliveries, and coal and lumber yards conveniently located and of unlimited capacity. They also afford opportunities which will be no doubt extensively availed of, for the erection of manufactories of all kinds requiring direct rail connections.
 When the new freight terminus of the Pennsylvania railroad at Greenville, op- posite Bayridge, is completed, connec- ton with the Long Island system will be made at Bay Ridge by compara- lively short car float ferry. Meanwhile the present transfer barges at Jersey City will be used, but ultimately tun- nel will be built from Staten Island to- Bayridge In that case traffic between the Pennsylvania railroad lines and New England would pass through the tunnel and over the Long Island tracks and the proposed bridge at Wards ls- land to a connection with the New York, New Haven and Hartford railroad.
 The Pennsylvania Railroad manage ment believes that with the improved. communications between New York and Long Island, which will be provided by the proposed tunnel from the battery to Flatbush avenue station, as well as by the bridge under construction and by other rapid transit tunnels that are sure to follow, the business of the Long Island railroad will be largely increased and that by providing better accommo- dation of the public and by continuing the improvement of the service under the progressive management of Presi- dent Baldwin until it reaches the high est modern standard, the company will in time be placed on dividend paying basis SO that the Pennsylvania's invest ment in it's shares will be directly profit | able aside from the great advantages | that will be derived from securing ter minal facilities in Brooklyn. The Long Island road will also derive considerable | revenue from the movement of cars 10 | and from the terminals which the | railroad will establish on it's lines.
 There has been no thought of using | Mcntauk Point, the official concluded, as a sailing port for steamers of the | American line. As a matter of fact, | he said, the Pennsylvania Railroad conl- pany is not interested as a shareholder or otherwise in the International Nav igation company, of the American line" as it is usually called. It is not believed that passengers would make the rail journey to Montauk Point to save two or three hours at the most when they can much more comfortably board the steamers at the piers in New ork.