Waterbury Democrat., 1903-02-28

tai to the former scheme and serves to extend the systems of each road, so that the Atlantic and Pacific will be connected via New York without a break.
 The Central contemplates improve ments that will call for an outlay of not less than $3000O,O 900 within the next five years and possibly within three years from this date. Add this sum to what is involved in the Pennsylvania and the rapid transit subway, and we have $120 900, 900 for these three projects alone without reference to the con temporaneous improvement schemes.
 The New York Central scheme is the most recently announced of them all having been worked out in accordance with the latest surveys and with the sole purpose in view of meeting in- creasing traffic demands in every par ticular. The mana cement has now come forward with a plan which fairly took the city fathers breath away, so vast was it, so comprehensive so farseeing and complete. While possessing the largest and in effect the only railway station in New York city, the Central purposes demolishing this great build ing in substance and erecting upon it's site the very largest structure of it's kind in the United States. It is to be twenty-five stories in height, five of them underground, with not only suff1- cient accommodation for all the traffic of the present and future (passenger traffic alone being estimated at 20,000,- 900 persons a year), but above the rail- way station proper a hotel and perhaps a large department store. By depress- ing it's tracks within the city limits and by means of massive yiaducts the large area at present given up to trackage will be made available for streets that are now closed to the public. All trains are to be brought into the city by means of electric motors, thus pre- cluding the use of steam save in emer- geneies, and all this is to be done with out in any way interfering with the constant stream of traffic. There are to be no grade crossings within the city limits, and connection is to be made with the Pennsylvania system and the subway through a special tun- mel from the Central station.
 The new terminal station will cover the blocks bounded by Forty-fourth and Forty-second streets north and south and by Lexington and Madison avenues east and west. Taken in con- nection with the building of the Penn 1 sylvania" station, not far distant, and the changes wrought by the subway, 1 the effect upon realty values in Man. l hattans most interesting section can-
 not be exaggerated.
 l But these are not the only improve.
 ments going on by which Manhattan is | to be transformed. Numerous struc- i lures, estimated to cost $60, ,000, 900, will
 be erected on private account. In all during the next three to five years there will probably be expended in New York city proper for municipal anG private improvements not less thar
 $400, 0O0. 900. To go into these in detai
 would require too much space. but ii l may be mentioned that for improved dockage facilities alone it is estimated I that $2O,OO0,0O0 will be spent, fnainl,
 along the North river, where the grea
 ocean steamers lie; for the extension l of Riverside drive, the Grand boule
 ward, the Concourse, etc, $9.500,0 ,00 more; for new school buildings ans sites $10,000,000, for the new Croton dan
 and Jerome park reservoir SIP, COG, ,O0O l for the new custom house and post office (to be erected by Uncle Sam I $7, 200 900, the new hall of records $6, 25o.0oO, and the great library, with it