New-York tribune., 1909-06-19
HOST COMPLETE EYER
OUTLINED FOR CITY.
System to Cost S100,0OO.00O, and
Bradley-Gafney-Steers Com
pGny Offers City Partnership.

! tai of the Lexington avenue route
| from the Battery TO The Bronx. a two-track
! connecting subway in Canal street. the I-afay-
ette avenue Broadway route in Brooklyn and
! two spurs of the Observation-Disclosures avenue
route along Jerome avenue and 13Sth street in
| The Bronx The estimated cost or this work is
| $S2O0OOOO
| The company stipuIates part of its offer
that the city complete the construction of the
| bridge loop subway and build with its
money the first section of the Fourth avenue
subway to Ashland Place. Brooklyn. and event
uay complete the Fourth avenue route to 10th
street already planned The company offers
| 10 equip, maintain and operate the various
! routes named one system. charging a 5-cent
fare and issuing transfers at intersectirg points.
| The cost of the routes to be built by the city
under the offer would be S16:OOOOOO 50 the en-
! tire proposition is $1O0OO0OOO plan.
| The company states in it's offer that it will
! complete the Lafayette avenue Broadway line
| and have trains running over it and the bridge
| loop suhways within eighteen months provided
| the city finish the loop lines within that time.
! For the construction aud equipment Of the
! Broadway-LeXngton avenue route IL figures
that three years will he needed and IL will take
a year longer To build and equip the TWO
| branches In The Bronx.
The proposed routes, described in detail in
! the companys proposition to the Public Service
| Commission. follows:
Section A-Extending from the Battery, through
| Church and Nesey streets. with double tracks 20
system n6rtheriy along Broadway to ioth street;
thence northlrIy along Lexington avenue, under
rhe Harlem River, to Mott avenue and It's Junciure
plans and specifications Of the Broadway-Lexug-
! se"tion FN'Tv,o racks in the existing subway
known as the subwsy Loop. now & ne4r19g Wl, e2n-
burg bridges: with necessary connections ana d
section ca two-track subway. connecting with
/ Sections \ and b, along Canal street
eastern terminal of the Manhattan Bridge along
F1atbush avenue extension and Fulton street I"
! being portion Of the route laid on; by the com
/ section F-A tvo-track subway along Fulton
/ avenue; theme northetl[ aonS iteid ayenut ave, TO TO
Brosd~ay i5r@5da to he he WiansbqrF Bridge.
| Section "A IWo-track subway or elevated Iaii-
! as established oy the commission IN it, proposed
section ca two-track subway or elevated Iall.
tn TN Rronx aions iSSth street and northeastern.
substantially az established by the eoin'nlssoh orr . IN
Section i-Lhe hIanJ F%e,, pisre and Fulton street
n,f,[er1,. A., fbe Rornjrgl: of Rrooklyu laid
| by The commission.
| It will he noted that the Bradley Gaffney-
! steers Company asks for only two Of the four
| tracks in the bridge loop subway, thus leaving
/ two tracks TO another operator. According I"
| its offer II would end its system proper at Ash
! land Place Brooklyn. the End Of the first section
/ Of the Fourth avenue subway route. but If the
citv buiids this line through 40th street or {"
! Conev Island the company offers to enter INTO
/ . contract for the equipment and operation OF
! the entire Fourth avenue routs upon a car
mileage basis or such other equitable plan as
may be devised
As to whether passenger would be carried
| from the extreme limits of The Bronx l" 4"''
| street or Coney Island for single 5-cent fare
| is not stated but this hardly seems likely.
! Not only does the company offer to build the
e,raater mart of the proposed system with ts own
| money but il also says it viii take the city in
as a partner and divide the profits after deduct
! inc operating expenses maintenance charges,
amortization payments rentals interest on cost
Of construction and equipment. etc ON TINS
point the companys letter says:
The title 70 th~ said railway shan be in , 5ae city
right 10 operate the same shall remain with rs
! during such period of amortization as may be
agreed upon or until such time as t'+ ci'y ~ ~
| take the plant and equipment as pfpli"ei III
! The proceeds derived from the operation OF sIch
railroad. after deductlnS oleraiIig Gnpta,S ,,
! ments to reserve and amortization funds as pro
T5s Ise Of Sections i and D. and after payment Of
terfsd If at costr.cl9o IT Of sections A. & f. and G.
and If the equipment of said road shall lie divided
< a
rs md the CITY our rights IN and the railroad.
| unless sooner taken by the city as above Pro, pro
amortization period. without compensation ,
/ The proposed grant shall contain. a provision
titb Sections % . and 2S of the rapid transit act
! tn take over the said road after period or ten
| t1ars and in any event the termination of the
neriod of amortization. il shall also take over the
eoI.ipuent the s9me, paying therefor actual cost
! aud l. per cent in addition thereto.
The company also suggests that the city be
| renresented in the management of the operating
| cornanv bv the Mayor. the Controller and the
| chairman Of the Public Service Commission.
The company offers to give whatever bond may
| he required and. in case its proposal meets WITH
| tho favor OF the commission, to place its attor-
! neys and engineers at work at once On the de-
| tails r,-,z
| Low, "a ffnev-Steers Company to undertake
y,orl, cf such magnitude. Arthur j. Baldwin. the
.or,nanv.s counsel. said last night: Il am not
| linertV present to dfNulge the names OF an
tbe nereons interested in the proposition, but the
/ ntbiic may rest assured that the men back %
II are Of the highest financial standing. Travis
II Wbitnex. secretary of the Public Service
! t'on,mission corroborated MIR. Baldwins state
ment. -, r,,,i.
,,or,-i-e (,or,1yr1fsSion was elatcd the plan
| and said that the commission would take il
! ,,dAr advisement at once He pointed out that
tba plans for the proposed routes were prac-
ticaliv all complete. and added that in every
| i,etanre the consents Of owners mad been on
| = ned This Will greatly facilitate the com
| missions work
| NJ Wilcox also pointed out that the commits
sfor has rot the power to accept the proposal
! NJ the company that Of any other individual
| or nrn who desires. to build a subway WIN
l,nrtvate money. All the commission can do IS
| - annrove the offer, draw UP the form or con
! troct and then send it to the Board OF Estl-
- - srd 4pportionment for concurrence. Then
| ~ bids must be advertised for and the work