New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-26
10 REMOVE DEBT LIMIT.
Measure SAID To Be Necessary Pre-
Eminarg TO VI. s. R. Plan.

Quick on the heels OF the announcement yes
ferzlay OF the Metropolitan street Railway Com
psnys subway plans came the information that
abe lnterborough Rapid Transit Company. 9TH
s-vise known as the Belmont company, win op-
jose the granting OF any tunnel contract 20 the
Metropolitan. u may not he done openly OF by
fhe interborough company as such There will
however. be opposition 70 any procedure the re-
sult OF which means the installation OF a rival
bubWay system 10 the Interborough. i is expect
81 this opposition viii first manifest itself at
Aihany. when the Rapid Transit Commissions
tm abolishlng the citys debt lirait as Il relates
q suhUavs comes ny.
Albert D.. Boardfuan. counsel 20 the Rapid
Frs1s- Commission. yesterday obtained the IN
n@sement OF the commission 20 an amendment
60 the Rapid Transit act relieving the CITY iy,
subway Legislation from ITS SJO0OQOoO debt
limit, now imposed by the charter and yestinC
The authorization of bonds Tor subway purposes
IN the Board o. Estimate and Apportioumeut.
The passage o. this bill would mean the begin
hing OF more Euoways Within a vcar At the
zane time 8 would be doing away with "a char
ter provision that municipal students uuiver-
ely regard as a safeguard against extrara-
Eun.e
I TINS bin is beaten the city VIII not let arv
foa-'a-' for new flbaays this year. as there
tei1aiTs oe5t margin ~ Jess than Sf00googp
= me metropolitan is t3 build subway soon
ne c''y probably H.. ...- t0 abolish the pres
~ 1e,t limit The l.-'.. borough compal.. IS
49, TO o1-l certain extensions OF its new sub
's "''Aolt asking the city 10 loan irs creeit
--e0oio4tan SUBWAY touching all thc great
ei1Ae points means tc the Ilte-borough a dls-iz-
~ ' me traffic. Therefore The IuJerborough
.D'"lS IS not anxious Tor a new comprehen-
-'"ay system competing with its own.
Fl ploi osed plan of the Metropolitan certainly
- oAet and sharp competition with the
sn'erloroagh
So - uopolls-.s proposed route is described
''"' b. President Vreeaul.
e pa, n H. s.sia'aes zr of he proposed route s
hess y-ell hi h-st. ~ the rri.o.ual bust
o. '.-s oorre1ge Frar1 f5is Triy-t -, -. 81,
Cow Ier.-..ae .ae Harlsu River 10 Lexington A:
o5s 70 Fittoenth-st o9g fife.tb 1l6 u6g5e-
e. suhu.7- =. ~ -f9aoWdy tpassLlg under Ihc pres
Ipsss'rg 49, along Dhamo ocrs-st. 10 Williams.
pose 6-Isas ,.-e present subway and The Tro-
sip s1f ,.e1cc t0 fhc Rattery through Coenties
ouisi5e .. ~, -,,-si. through tne Battery OaSsng
r1nrr -. I y
Nich-sf nf,oEl>n extension thereof 10 Green
Erdeo- =, 'i--B Green vich-st.. West Broadway and
tkirr-f-l--., t--enlf-aNc-. along EiEhth-aye. 10
tur1f ~ ,--- ->t passing above the FcnnstlVa.
Fsrs .i-'4-h tnt centre 0f the new IcHui1 j.
D. tbs p-.L ei grade which has been approved
Fhf-f, --...sslt aria Railroad EOmpauyD and along
tguneI =, ~ - tnassirg uuCcr The InterbOr0uEn
D loo- -A.It lon-aEr. u IS also proposed TO add
e. -ieclon Oh Chamber -~t. between the
ror,e-~-t- tne and tIc West Side Inc. The plan
tde ~ - lle ultimate extension of the West
10 10 LON 4hirt5- -fourth-st- along Eighth-aEe
- route would reach traf8c at all the
- distributing points. such az the Grand
- "a station. the Brooklyn Bridge the hnan-
- usrict. The Cortlandt and Christopher ST
- -. rom NeW-Jersey and the Pennsylvania
a. ~ would rot be Tar away from the
a''ia'tan terminals of the Williamsburg Man
.''' and Biackwell's Island bridges
-. STATED in The Tribune yesterday. the Bel
-, interests want pretty much the same
IN outli1-rE what they wanted IN a
-. 'e'fer 10 the commission John p. Nc
'1'1 'ald down the route as follows:
erfs,eefs nor ln favor ~ abandoning the broadway
teoast.-' @ld am stil 81 the opinion that vital
fher 'Al-is Tor fhs extension of the road as
~ - l,i'.sed. eter Fourteen f-ef OF 20 n'nen-
Eb.-ef pi bouih fifth-ave.. 70 Grcenulch-st.. ana
- ~- 20 me Battery. connecting there with our
Canftnued su afth D.a.