New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-20
GUESTS IN SUBWAY RIDE.
AUGUST BELMONT HOST.
Railroad Hen and Financiers on
HandcarS-T7co SAGE W0rh,men.

Aug ist Belmont president OF the INTERIOR
ough company president and financier of the
Subway Construction Company. and controller
of the elevated road interests in Manhattan
took party OF lnancers and engineers through
the newly completed subway yesterday to show
them the results of the work of John B. Nc
Donald. the contractor. The party travelled
through the subway in four handcars. fifth
handcar, filed with minor engineers and news
parer men. brought up the rear. The guests
were:
Car No. August Belmont. Jacob H. Schiff
OF Kuhn. Loeb x Co; J. W. Alexander presi-
dent, and James H. Hyde. vice-presideat of the
Equitable Life Assurance Society; Robert Ba-
con, Of the United States Steel Corporation.
formerly of J. p Morgan * Co. A ]. Cassatt.
president of the Pennsylvania Railroad Com
pany. and Frederic Cromwell. treasurer of the
Mutual Life Insurance Company.
Car No. John p Mcdonald Valentine P.
Snyde- president of the National Bank of Com
merce; W. II. Mcintyre. fourth vice-president
Of the Equitable; Alfred SlIitt, George ]. Gould
Cornelius Vanderbilt John d. Rockefeller. jr.
and James Henry Smith.
Car No. 3-Perry Belmont, Charles NJ. ia
cous advisory engineer Of the Pennsylvania;
Robert H. McCurdy, of the Mutual Life; Andrew
Freedman, Clarence II. Mackay. president OF
the Postal Telegraph Company; James Speyer.
Of Speyer X Co; William Barclay Parsons.
chief engineer Of the Rapid Transit Commits
slnn and George W Wickersham. of Strong &
Cadwaader
Car No. John T. O'Rourke. president of the
O'Rourke Construction Company; George w.
Young. president Of the United States Mortgage
and Trust Company; Alvin w. Krech. president
OF the Equitable Trust Company; Elliott Greg
ory. Delaney Nicon. Samuel Rea, fourth vice.
prrSid..t % ha pcuuSylvo0i1 Railroad. and r
S. Curtis. of the New-Haven road.
Wall Street was greatly interested in the
varied assortment Of financial interests rep
resented in the party. There some spec
ulatiou as to whether there net a plan
on foot to bring in some capital for the
further workings Of Mr.. Belmont's plans.
The fact that Mr. Gould and Mr.. Cassatt
We're present of rauch interest TO the fnan-
cial world fer it was the first time since the
Pennsy ylvania- Western Union war that they
had been so close together.
There is slight upward curve as the road
runs beyond Long Acre Square, and several OF
the gangs of men ut work the road lent their
weight to the handcars to help the trainmen
along What very nearly Il serious acci-
dent occurred just as the trains approach
ing the Sixtjeth-st.. Columbus Circle. station
one OF the laborers who had been pushing the
first car stumbled, and before he recovered him
handcar which was pulling the second passen-
ger car. Each car consisted of n handcar. at
tached by an iron rod TO n fiat car upon which
were three rows If seats The wheels of pas
senGer ear No . had grazed the mans leg before
the was stopped. Mr.. Gould and Mr.. Van
derbilt out of their seats in n moment.
and with their shoulders to the car had relieved
the mans leg and had him at the side of the
track before any OF his fellow Iaborers had rec
sion and torn trouser leg the man was none
the worse for his adventure At the Columbus
Circle station stop was made for few min
utes, and everybody dismounted to stretch
Mr.. Belmont did the honors of the station and
noticeable that although nearly everynody
shook hands with nearly everybody else. Mr.
Gould and Mr. Cassatt gave no evidence of any
friendly feeling for each other Wherever Mr.
Gould was, Mr.. Cassatt vas not.
From Slxtieth-st. the Journey continued with
out a break Ninety-siNth-st. There. after
short along the depressed tracks that further
along go east under Central Park. the
switched back the main line where the
tracks are laid 20 One-hundred and -fortieth-st.
From there the journey was straight to the
vaduct, just beyond One hundred -and-twen-
tieth-st The difference in atmosphere was
marked the open air part of the journey was
begun. Even those who had been fairly COM
Portable with their furs and rugs shivered as the
zero air touched them, and all were glad when
the word was given at Manhattan-st 20 back
waiting to take them 20 the Claremont. near by.
The luncheon. which quite informal, was
served in the big glass screened veranda, and
the frozen Hudson below made the room all
the cOsier by contrast.
August Belmont sat at the head of the table.
,Eith Mr. Cromwell his left and Mr.. Snyder
on his right Mr.. Wickersham proposed the
health "of the twin stars of the subway, John
B. Mcdonald and August Belmont" Everybody
drank the toast, and then called on Mr. Belmont
to reply Mr.. Belmont said Mcdonald
named first and he ought To speak first. and
when Mcdonald declined the honor Mr Belmont
stood up.
1T was my knowledge of Mr.. Mcdonald and
of Mr. McDonaldS character" he said. that
made me risk my reputation and the reputation
of my firm this enterprise. The result has
amply justified my judgment in BIr. Mcdonald.
Let's drink his health again.
SOUTHERNS PALM LIMITED. ST. AUGUS-
TINE. AIKEN AND AUGUSTA.
Via Y r., Southern RI. The splendor of equip
rnent and punctuaI nerfnrrnance 81 thA cxce IIant