New-York tribune., 1909-06-10
GAYNOR STRIKES OUT
Continued from first page.

Not enough Give it to them More:
morer'
He gave them more He said that the street
railroads in Manhattan had been capitalized
for $4,000 a mile Of single track and the
Third avenue bonded and stocked for 81 100
600 a mile" although ne had known a road to
be built in Poughkeepsie for $4,000 mile
Bankruptcy was inevitable said he. Not
a Tammany Indian or the devil himself could
follow that trail"
SAME THING WITH SUBWAY
Exactly the same thing happened with the
building of the Manhattan subway, he said. as
serting that he had mentioned all this be-
cause hope the financing Of these future sub
ways will not be a mere repetition. II il is YOU
are not fit To live as freemen-"
Many people said August Belmont built the
Manhattan subway. Went Justice Gavnor
Yet Belmont, he said. never put 81 into build
ing it. and the contractor not only did not
spend 81 Of his own money but made $1,000
600 from the city Then he said.
The second officer in this great city. within
thirty days in a speech before the Democratic
Club. where there should be some intelligence
God knows spoke about the building Of sub
ways and began TO take sides between those
" no want 10 build them Some Of our officers
seem 10 have favOrftes Some men want BEL
mont some want Ryan. they viii not let any
thing be done until it is ready to fall into he
lap Of their favorite- 1 DO not fear Belmont
and Belmont has no right 10 fear me unless ne
does something wrong
The justice said that he deemed il one Of
the most dishonorahe things" for the city to
have gone into litigation regarding the Stein
way tunnel franchise. in which Mr. Belmont
had invested his capital For his part he said,
he would far rather have seen the Legislaturs
asked for bill extending the time for building
that tunnel
But Metz showed who his man was" and at
the mention of tie name there was storm OF
Kisses from the platform and the body of ehe
hall He read extracts from speech pratsins
Mr.. Belmont
Think Of the second officer ~ this city under
the deIusion that Belmont built the subway
with his money-the second is ruiersbip IN his
city. and he says he's going 10 Re Mayor"
Again there were hisses and ieers-
Well he thinks so. anyway said Justice
Gavnor. but it concerns him far more what We
think about that than what he thinks. Isn't It
pitifuI?'
WANTS CITY To OWN sCBVATs
The speaker went on to say that the financing
OF the Manhattan subway, with It's s7oooo.ooo
capitalization, and about s1200o,ooo or $4,000
600 annual profits on which the city got only
per cent. or bout $4,000. was merely repeating
the history OF the surface roads. And in turning
over the subway to the Interborough for sew
enty-hve years, the city had practically given Il
- the company forever, he said
II the city is going % build any more SUD
yyavs out Of the money OF taxpayers and rent
navars %" said he Il want the city 70 own Them
tht morning they are opened. without any Slrihs
IRON, any person on earth II we pay for thenl
why not -. .----;-.
a great burst of cheering greeted the justice
as he finished his speech Following MIN caIl7
The Pev lanes DOnahue. Of the Church oL D
Thomas Aquinas the Rev Or Robert Hlll' ~
the sumner Avenue Baptist church. ana ulI
Fa, Dr l. g. NichaeIsOu, OF the Temple 3 h4i
SchOlem- rr,.- q,
4 letter was read from Governor Hughes ID
which he said
II would give me pleasure 70 be present anu
7 regret that the demands upon me make u ln.
DossibIe | desire to express my deep hIe'sss
in the matter Of securing adequate transi, Idel-
ities for the city OF New York am parll1u
Isr1,, dssirOus that undue congestion should DC
-s1ievad and the convenience OF the people prO-
notad bv the building up Of outlying sectLo-s
Of the city through improved communicating
I +r,,st that we are entering upon ne" era -
transit development which viii be chaTacIeIl5s
on the one hand by more adequate accoIilinoGa -
zion and ON the other by honorable nnaicleLL..s
and proper safeguarding OF the citys intereSN~