New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-09-05
n. J BROKERS AWAKE.
Neuarkc Exchange To Be Prominent
IN tie Celebration.


Adoo tunnel system he fttingly celebrated by
New Jersey brokers and other persons inter
ested in the residential and industrial develop
nent of New Jersey. This important task was
efficiently done yesterday meeting Of the
New Jersey-New York exchange at the rooms
Of the Real Estate Brokers Exchange Of New
ark and vicinity, in the Globe Building, No 500
Broad street. Newark Samuel s Scheuer. first
vtce-president oF the Real Estate Brokers EX-
change. chairman. and r " Creighton.
secretary, of the meeting The Real Estate
Brokers Exchange was organized recently with
J. Ward Smith as president: Samuel s Scheuer.
first vice-president: James A Berry second
ice-president: John B. Dusenbery, treasurer,
and William NJ. Bailey. secretary. II is ap-
parently going to be a f1ourishing organization,
q credit to Newark and a most valuable addi
hon the great real estate organizations work
ing for the betterInent Of conditions affecting
real estate property in and New York
Already the association has demonstrated that
81 has an unusual capacity for making its OBJ
5ects known.
The rooms Of the exchange were crowded yes
ter6ay with representative New Jersey brokers
and other persons interested in the progress Of
New Jersey realty affairs. Many persons pres
ent directly interested in the management
Of New Jersey property valued at many hun
dred thousands Among those present were >
Ward Smith. James A. Berry. ASsemhlyTTan
John c. Groel. of Essex County; Henry Van
Arsdle, Gregor Zeckhausen. Terence Divine
snd Mrs Jennie Ward. head Of the Jennie Ward
Realty Company Among those who spoke were
Otto Kempner. president Of the New Jersey
New York Real Estate Exchange: Thomas z
woTTalI who is connected with the real estate
department of the McAdoo tunnel companies;
F ]. Dyer. Charles Springer. formerly Town
Clerk OF the town Of Union. and Assemhlyrnan
Croel.
While no definite action taken hy the
Real Estate Brokers' Exchange of Newark as
TO what part II viii play al the celebration
which viii mark the opening Of the Morton
street route of the McAdoo tunnels. the opinion
was expressed. however. by members of the ex-
change that the exchange would undoubtedly
figure prominently in the celebration and.
moreover. that the exchange was heartily IN
accord with the aims Of the New Jersey-New
York Real Estate Exchange
Every transportation scheme said Mr. Wor-
rail- from conception TO completion. carries with
st tributary influences. These primarily affect
and continue 10 affect all land values. Transit
schemes carry in their wake homes, and indus
tries and activities of all sorts multiply thou
sandfold. When you harness community and
bind IL with ribs Of steel as the MCAdoo system
IS now doing 10 a great metropolis like New
York you galvanize everything into new life,
increase population. raise the standard Of prop
erty and bring gladness TO the hearts of all
concerned.
1T Is erainently fitting in conjunction with
this wonderful engineering feat that tunnels the
lands and tunnels the rivers that the occasion
of its opening and operation should be cele-
brated- Celebrations such occasions mark
great importance in the establishment of new
transit for citizens Therefore. this association.
the New Jersey and New York Real Estate Ex-
change. an organization which 1 heartily COM
mend. should take the celebration in hand and
work il out on lines that will show the interest
and gratitude Of this and all of the conmuni-
ties in the establishment and operation OF the
NcAdoo system. the great strategic and en-
cheering feat that distinguishes the dawn of
this new century"
with the McAdoo tunnel system You have
clearing house line be hitched with nine
trunk lines Trains will run through the Nc
Adoo tunnels with headvay Of about one and
-one-half minutes, and at the terminal station
81 Church street from Cortlandt TO Fulton
street Manhattan. about 100000 passengers
will arrive at leave for jersey towns each
day
You have got in the state Of New Jersey a
population Of over 100000. Industries in
proportion 20 the population excel those Of any
other state This great city Of Newark fairly
teens and thrills with the making OF conmodi-
ties II is especially fitting that this city and
the towns ard beautiful suburban places in
Northern New Jersey should celebrate in a
mastery manner the opening of the McAdoo
tunnel system. Fer the McAdoo tunnel system
puts you in direct contact with the thought and
light of New York. The greatest cry now Is,
Jersey 10 the 'front.'
IAN old Carolina negro had mule. The old
negro used 20 talk 70 that mule Just as If the
animal knew every word he said One day the
negro whispered in the mules ear, You got a
hard days work ahead a very hard days work
After going about a mile the mule fell down
and would not get up TIL fix you said the
negro. shaking his fist at the sleeping animal
I'll fix you He went 10 drug store and asked
the clerk in charge of 1t il he had anything for
sale which would make a mule fast The
clerk said he had. so the negro bought 10 cents
worth Of the preparation. which he al once gave
TO the mule. The animal jumped on fits feet
quickly and ran faster than it had done
before in its long life The old negro then re
turned 10 the drug store and said TO the clerk.
Saw. mister. please give me 20 cents worth Of
that stuff want TO catch the mule Gentle
men the New Jersey brokers are in the sane
position as that old darby was-they have got
10 catch up ] remember Newark when il was
q town of only $4,000 people. To-day. I think.
YOU claim a population Of 325,oOo If the city
made that great gain in population with ex-
.ensive transit facilities. what is TO be its in
crease in population with improved transit IA
cilities? I have seen tracts Of land rise in
value from almost nothing TO be worth hundreds
CT dollars"
by reason O: the congestion in Jersey City
the LOCOMOTIVES and repair shops Of the Penn
ry,vania railroad viii undoubtedly soon be re-
a.