New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-03-03
COLER GIVES WARNING.
SAYS BAD MEASURES THREATEN a
CRISIS FOR THE CITY.
COMPARES THE SITUATION To THAT OF
THE THIRD AVENUE RAILROAD-SHEA
IN FAVOR OF TUNNELS.

Controller Bird S. Coler. Bridge Commissioner
Shea and Register James r. Howe Of Kings
County last night addressed the members Of the
Broadway Merchants Association. of Williams
burg In Arion Hall, Brooklyn. Thomas p Pc
tiers. the president, introduced the speakers. The
Controller loudly applauded when he was
presented. He said, in part:
We have recently witnessed in New-York the
wre1kng Of street surface % pos ars
year ago, II any one had predicted that TINS com
s ypT wS be %o In the been
laughter # were to predict tonight that t The
advantage Of the city Of New Yors-if allowed to
crisis which will involve a radical reorganization
Of the finances Of our city that peedft'oN yso
theIsss the causes which lead to the financial en-
barrassment OF municipal corporations are pre- IRE
ruptcy Of business corporations and those causes
hs city be m a'tH nd R an
The bills to protect the city from the Ramapo
lative committee in whose keeping they now rep95he
ay from paying Sa to sns 52
it's supplies is apparently hopelessy hypnotized
claims against the City Treasury move along toward
final passage with electric raidy Bis to ,Ss shorten
aries seem to meet with universal favor. state
Commission in way responsible TO the citizens
voters and taxpayers is contemplated with power
to spend 100000 Of the city's money. regardless
excesding the Constitution limit Of indebtsa
ness, and regardless of the necessity TOT nuerldh
ing other pressing public improvements. >,
The remedy for the state Of AFFAIRS ~ prelsetg
corpora tion-the stockholders must be aroused
Every taxpayer and merchant is n stockhoder IN
city and If these stockholders do not rise ana
protect in some more forcibe manner than Dy
mere half whispered grumbing the looting Will go
and in the end they will have TO be heavily as
sessed their stock for citizenship Is not only n
no escape Unless You move from New-York you
cannot sell or dispose OF your stock For better or
when the assessments come you will have to pay
them. For the sake OF selfinterest. then. to say
nothing of the higher and nobler calls OF duty. II
behooves every merchant and taxpayer 70 make
his voice an influence In stemming the tide which
now threatens the welfare of city.
1t said of William NJ Tweed that he was
legal. manner. lie had the Legislature entirely
under his control and he could pass what laws he
have proflted by his example for under the shield
of the Legislature some OF the most daring raids
on the city treasury have been prepared. which
make Tweeds efforts seem like those OF an ANA
teur
Commissioner Shea told OF the manner In
which the Muni,ipa Assembly had delayed tho
building OF the Vernon ave. bridge and stood in
the way of other bridge projects. After touch
ing the value Of bridges Mr., Shea said
Now as 70 the tunnel proposition am most
heartily in favor OF the construction of tunnels
for purposes OF rapid intcrcommunicatiou between
boroughs from South Brooklyn to NewYor
thereby connecting with the underground transit
system. After this constructon-weI Sufficient
unto the day is the evil thereof
Speaking of the popularity OF Controller Golfer
| Mr.. Shea said:
| from Bonnie England 10 stop this young man :
| growing favor. and him AL hts Tammany
| feathers.
Register Howe was the last speaker.