New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-03-07
BELM0NT-M' AD00
TRACTION WAR
OYER HUDSON TUNNEL
EXTENSION TO 49D ST.
Cornelius Vanderbilt and Gardiner
VI. Lane, of the InterbOrough,
Resign from RiUdI.

Open warfare has been declared between the
McAdoo tunnel interests and the Interborough-
Metropolitan people as a result Of the recent ap-
pIicatiOn of the Hudson & Manhattan Railroad
Company TO the Public Service Commission for
permission TO extend its tunnel system from
33d street and Sixth avenue to the Grand Cen
traI Station. The application Of the McAdOo
people will come up for public hearing before
the Public Service Commission tomorrow. and
the Belmont interests wiz oppose IL vigorously
1t was learned last night that Cornelius Van
derbiIt and Gardiner VI. Lane, OF Boston. who
are directors in the InterboTough- Metropolitan
company and the InterbOrOugh Rapid Transit
company. had resigned as directors OF the Hud-
son Companies. which is the holding company
for the McAdoo properties This means that
Messrs. Vanderbilt and Lane have elected to
side with the Belmont people rather than with
the McAdoo interests
These designations follow close upon the res
ignation Of Walter G. Oakman. the president u
the Hudson Companies, director OF tho
Interborough Rapid Transit Company. Mr.
Oakman. who was a member of the executive
committee of the InterbOrOugh Rapid Transit
Company, explained his resignation by saying
that differences were likely to arise as result
of the application Of the McAdOO company 10
extend its tunnel into the InterbOrOugh terri
tory and he preferred not 70 be on both sides OF
the fence"
Mr.. Oaknan had been looked upon for sons
time a Hudson Companies man rather than
an InterbOrOugh man, and his resignation.
therefore, did not occasion much surprise. II
was also surmised that he would soon sever his
connection with the InterbOrough-M metropolitan
Company, which controls the Interborough
Rapid Transit Company.
The withdrawal Of Messrs Vanderbilt and
Lane from the Hudson Companies leaves An
/
4 son Companies board who is also director OF
/ the Interborough- Metropolitan company and the
Interborough Rapid Transit Company Friends
of Mr.. Freedman said last night that he would
undoubtedly side with the Belmont interests.
and so would probably sever his connection with
/ the AIcAdoO company in the near future.
The directors Of the Hudson Companies ara
William NJ Barnum. Pliny Fisk, Wilbur c.
4 Fisk, Andrew Freedman. Grant B. Sehley, Will
lam c. Lane. Walter G. Oakman. William B.
/ Parsons John W Simpson and Kenyon b
Conger-
The directors Of the InterborQugh Rapid
Transit Company are August Belmont, L P.
BRYAN. Andrew Freedman James Jourdan.
Gardiner N. Lane. John B. Mcdonald, John
Peirce. Morton F. Plant. William A Read, Al
fred Skitt Cornelius Vanderbilt and George W.
( Young.
The directors of the InterborOugh- -MetrOp0l-
( tan company are Joseph s. Auerbach. August
/ Belmont Edward J. Berwind. Paul D. Cravath,
f Mora Dawson. Thomas P Fowler, Andrew
+ Freedman. Solomon R Guggenheirn. James
Jourdan Gardiner VI. Lane. John B Mcdonald.
Delaney NicoII Walter G. Oakman. Morton
F. Plant. Theodore P Shonts- Robert A g
Smith. Cornelius Vanderbilt George W Young
and P A. b Widener-
For some years past there has been sort OF
+ "gentIemen's agreement" between the McAdOo
and Belmont interests that neither would in
wade the territory of the other The appiica-
ton of the Hudson & Manhattan Railroad
Company 10 extend its tunnel system TO the
Grand central Station has apparently broken
this agreement. and has resulted in quick
Iine-up of the two powerful traction groups
+ The. general belief is that the Public Service
Commission viii grant the application OF the
NIcAdOO people.