New-York tribune., 1902-12-18
NOT !SNE4KED THROUGH.
The Rapid Transit Board 4pproOed
Grant -4tfer Hearings.


without debate on Tuesday evening by the Board
of Aldermen will furnish New-York terminal
for the passenger traffic over the Erie Rail
road and the Delaware, Lackawanna ana west
ern Railroad II will enable both roads, which
now have their terminals in Jersey City ana
Hobolcen to transfer their passengers to New
York by electric cars running from the ter
Ininals through the tunnel, instead OF by ferry
boats The tunnel will also make connections
with several trolley lines which enter Jersey
City and Hoboken-
The New-York terminal of the tunnel VIII be
at Christopher and Greenwich SITS, where the
tunnel company has already purchased the
greater part Of the block on the easterly sloe or
Csreenwich-st between Christopher and west
Tenth sts. From the platform of the terminal
twelve feet below the surface of the street.
passengers from New-Jersey will be able 10
walk I'D flight of stairs and enter, under a
roof the cars Of the Metropolitan Street Rail-
way Company, or go up an additional fight OF
stairs and enter trains of the elevated road In
t<sreenwich-st. at the Christopher-st- station
William G. McAdoo president OF the New
York and Jersey Railroad Company, SAID
yesterday that the company was in no way
controlled by the Erie or the Delaware, Lacka-
wanna and Western. and that no traff1c arrange
#7nents had been entered into between the COM
panies. but there are in progress negotiations
paly will run spurs to the terminal stations OF
the two railroads and run electric cars from
each station through the tunnel direct TO New
York Mr. AIcAdoo's statement was confirmed
by officials of the two railroads, who contra
dicted a report that there was plan for run
ming Erie and Lackawanna passenger trains
through the tunnel. Mr.. McAdoo said that the
tunnel would be used only for light electric
trains. and would be operated as an Independent
cfar
be made with the railroads
we shall make the time between our New
York and Jersey City terminals about six MIN
utes" Mr.. McAdoo said. thus beating the time
Of the ferries out of sight and we snaH run
trains at the rush hours at half minute head
way thus furnishing almost continuous. as wei
as rapid. trafic between New-York and New
Jersey. The fare has not been settled on yet
It will be more than five cents, ana propapis
ryil be less at some hours
Mr.. MADooS STATEMENT.
To make the position of the tunnel company
slear. Mr.. McAdoo issued the following state
snent:
The NeD--Yorr and Jersey Railroad Company was
orEanized under the laws of the State of New
York 10 complete the tunnel begun some years aso
present time than four thousapa nd feet ot this
side and gap OF only apprOxima5ely 400 feet re-
mains bSweH me sbo2g SSpe aefe es Work on the tun
neI has been in progress for some months under
the supervision Of Chief Engineer Charles M Ja-
The New-york terminals viii be in tn the block block
rrenth-st where SUFFICIENT real estate was pur-
Sas Been granted By the Board of Aldermen active
work viii be begun from the New-YoTk ena as
grant made by the Board of Aldermen; This is a
Because Of the i7fense public interest in the larger
undertaking which the Pennsylvania Raj Railr3ad CON-
VIII be completed and that cars win be IN opera
signed TO Operate this line for trolley purposes only.
Neither tie peawa eres snd n ts sn
The officers of the company are as follows: ";
@. McAdoo. president Edmund 9 converse ana
walter u oakman. vice-gresidents: Henry A
The board Of directors consists Of E. \. Gary,
yeanipgs y A 4 Brady. John G Mcculiough John
SHELTON Williams G T Rogers and W: G; McAooo Iast
young. of Jersey City.
RAPID TRANSIT BOARDS ACTION.
Controller Grout yesterday contradicted story
that the franchise for the tunnel had heen slipped
through the Board of Aldermen without / oper
consideration by the city authorities and the
Rapid Transit Commission. He referred to
Official reports, which showed that there had
been the usual hearings and that the Rapid
Eranst Commissioners had approved the fran
ctise contract on July IL
In some respects the city has obtained from
the tunnel company more in proportion TO fits
facilities than the Pennsylvania Railroad has
10 pay for its tunnel rights The New-York and
Jersey Railroad Company lays at the same rate
as the Pennsylvania for its trackage in the city
90 cents foot for ten years and then 81 a foot
Cor Fifteen years-and il pays rental for its ter
aninal property underground, and also Pays
percentage of its gross receipts to the city, by
the terms OF the franchise contract which the
Rapid Transit Commission approved. The gross
earnings Of the company have been estimated
Bt S5e0,oo0 year, TO enable the city to fix the
amount to be paid percentage, and the COM
VI q
$4,000 q ySar for fifteen years the terms Of the
contract TO be readjusted at the expiration Of
twenty five years For its underground terminal
rental the company will pay sS.224 a year for
ten years and S6,44S year for fifteen years.
q new rental TO be fixed at the end Of twenty
Eve years
Mayor Low said yesterday that he had not
received the franchise passed by the Board of
Aldermen, and he could not legally sign it be-
fore Monday night He seemed to be delighted
at the prospect Of connections between the tun-
mel and the Erie and .Lackewanna roads q
shilk." he said, that it would be great thing
for the city 70 have three big railroads instead
OF coming into Manhattan"
President Truesdale said that the Delaware,
Lackawanna and Western Railroad Company
had no interest in the tunnel franchise.
We are in no way interested in the company
which Mr.. McAdeo represents he continued
I'VE have no arrangement or understanding of
any kind in regard the carrying of our mas
sepgers- Representatives of the company have
been negotiating with us, but understanding
has been reached. and 1t is quite uncertain
whether any will be-
At the Erie Offices il was said that the road
was not financially or otherwise interested in
the tunnel or IN the company obtaining the
franchise for the tunnel. II was further said
that mo definite proposition from Mr. McAdoo
or his company has been considered by the
Erie road"
E F c. Young president of the North Jersey
Street Railway Company, and director in the
New-York and Jersey company. said:
The trolley tunnel Is not large enough TO
permit steam railway to pass through IT
Such a scheme has never been contemplated