New-York tribune., 1902-07-25
IS but should be used in doing the things

vaults, but should be used in doing the things
that the city needs"
The Mayor voted with the others Tor the duui-
tional tunnel TO Brooklyn.
Mr. Belmont said that the question OF COM
petition with the Brooklyn Rapid Transit Coin-
pany did not enter into the contract anu 'i
the bid of 50 100000 would have been mace IL
there had been no other bidder he aoueu 'ia'
il now took longer to go from Ihe bronA "
Coney Island than it would take TO go 10 rIile
delphia within two or three years, ana that tiiis
xyould he done away with If the subway system
were unified.
COMPANY WILLING TO USE IFS MoNhi
Nobody would go into this enterprise at the
outset" continued Mr.. Belmont, and no" every
bodv believes il is going to be a success. For
this reason our company was willing 10 use us
own money 10 build this tunnel extension In
February we offered to use own capital. but
at that time there was provision OF the
Rand Transit law to permit il. Therefore, the
only way private capital has TO build this tun-
mel is TO make a small bid and do the rest for
nothing
John L. Wells representing the Brooklyn
Rapid Transit Company, made the old argu-
nent about five cent fare from the City Han
TO any part Of Brooklyn. He said MS COM
many would not make a cent of profit out of the
tunnel, DUL hOulu Gledt SAHSiASSS' DSNH~N0 -
would get short haul riders, and would be able
10 take its cars off the Brooklyn Bridge.
..If YOU award this contract to the Belmont
people" Mr. Wells continued, you Will De
rohb,ng the people of 81, 100000 or S1.5O0.0Oo a
wear. so as TO save S5OO0000 on your debt limit.
;rhe subway company think that since they were
willing 10 take $50 con1raSt 20 On receiye
an other subway contracts. While the ldea OF
unihcation looks pleasant, it is an apsuIo In,
Feasibility when it comes to unltying BrookIy n
with The Bronx The Belmont people won
make traffic arrangements with the Coney Isl,
and and Brooklyn or the Long lslano haiiroau
unless it is profitable 10 them
The attendance was large. and as many per
sons had asked TO be heard. President Orr nm
tied each speaker TO fve minutes. r L CoCneu.. C1.
the first speaker, argued in favor OF accepting
the bid of the Brooklyn Rapid transit CoIil-
pany. David Valentine. director OF the brooA- n
ivu Rapid Transit Company, said that the tuh-
mel with a 10 cent fare. would be a complete
failure. He was supported by Henry j: Meyer
of the Taxpayers Association of the Twenty
ninth and Thirtv-second wards. Henry Marquis
favored the Belmont bid. for the reason thaI
after getting the tunnel through ne thought the
Belmont people would soon ABSORB the bfOohiS Il
Rapid Transit system
B. r. T. WOULD HAVE WON IF LOWER
After the contract had been awarded Presi-
dent Orr said that If the Brooklyn bid had been
as low as that of the Belmont people he was
sure the board would have approved giving the
preference to the former. because OF the ad-
vantageous system of connections which 1t pro-
posed. He then presented the resolution for
another tunnel 10 Brooklyn. to be much shorter
and less expensive than the one contracted for
The resolution follows:
Whereas. It has been the hope of this board
that it might be able TO execute contract FOR
the construction of the Manhattan Brooklyn
rapid transit railroad with contractor VINO
could and would for single five cent fare pro
vide extensive connections in the Borough OF
Brooklyn of the character in general OF those
controlled by the Brooklyn Rapid Transit Com
pany; and
reason of the far more reasonable terms to the
city offered by the Rapid Transit Subway Con-
struction Company, TO reject the bid made by
John l. Wells acting in the interests or the
Brooklyn Rapid Transit Company; and
Whereas. II is the intention and desire OF the
board that the amount of money for municipal
rapid transit construction which has been saved
TO the city by the bid Of the Rapid Transit Sub
way Construction Company for S2,0o0,000, in
stead of for the estimated actual cost of such
construction, being the sum of SSoo0OOO, shall
81 practicable. upon reasonable terms be applied
boroughs of Brooklyn and Manhattan which
shall secure to the majority Of the citizens Of
are not adequately served by the other rapid
transit facilities, rapid transit service between
their homes in Brooklyn and the business sec
tion of Manhattan for the single fare per en-
tire trip not exceeding five cents; now, therefore
it is
Resolved. That the chief engineer be directed
10 prepare and submit 10 this board routes and
a general plan for a rapid transit railroad which
shall as directly as practicable connect the gen.
erai region of the City Hall Park in the Bor
ough of Manhattan, with the general region of
Borough Hall Park, some otner equally con-
venient passenger transportation centre in the
Borough of Brooklyn.
At an executive session which followed Mayor
Low offered a resolution calling upon the chief
engineer of the Rapid Transit Commission to
prepare and submit to the commission a plan
for the Broadway line and also to state Wheth-
er IN his opinion II would not be wise TO extend
this spur further south than Union Square. The
resolution adopted.