New-York tribune., 1910-11-24
GAYNOR REVIEWS THE
SUBWAY SITUATION
Laws Stress on Fact That City
Will Not Have Money for
Extensive System.
WRITES LETTER TO T0WNE
Members of Board Not Pledged
70 ANY Route-McAdoo Visits
Rrooklyn-samuel Rea
Issues Statement.


ves-erdav. Mayor Gaynor reviewed the
subway situation from the financial stand
paint. and laid particular stress on the
fac1 that the city viii not have enough
none 70 build as extensive s-system IS
IS demanded from many sources
II postscript 70 the letter the Mayor
ssi6- 7 nav add that no member Of the
Board O. Estimate IS pledged 70 any
route. Notwithstanding statements 10 the
contrary hut all are open to full con
siderstion Of this great matter
wavor f-avnor approved the suggestion
made that q Joint committee he appointed
hv the Chamber Of Commerce and the
Merchants Association 70 aid the public
s,thoriries in e wise selection of the
.-o,1-es and offers 70 he submitted
TIE Nayor then explained the financial
ability q the city 10 construct new sub
vsvs He wrote;
some are 1alzing e an szpenrditH;re en-. ~ o., ct
building of subways iI!1raedi iatelE, or VIII \
u. Eve years. as gllbly ana nlnlo-E a.
though ths city actually neg ina Lhat h!ilc4 .l.4
credit available But the hard TACT IS fhat I
The city has now an available credit Of
7 is oniv by special effort in the
ecualizirg of land values throughout the
city BY the Tax Commissioners this ysaI.
thereby raising some assessed values - iL.at
~ he coming year the eAtraordlnarN N
crease in assessed valuation of Ptobacl.
from $3.50, ,sla.0na 70 s5oa.ele0sl ana th9S az ~
F-or71 sSN NlN co to Ss6,N11a19 but all of th5 -
Il not more. will be needed for ordlnaIF
IL tIIil5ings and Improvements which NAV
TOT >be postponed any longer
CoroparstiveIy Small Sum,
Al # the citv's credit cannot he devoted
I-c
shall not have the eEfTa ordinary llCitas - ~, ~
assessed values IF this veal HuJ oll:N -
ordinary increase. afoToinE an aoolOotIai 10
yearly borrowing capacliE Wflch a.. ,,,isr gs
ing diminished ny the Crq-haIN % .
needs Of government. VII l-e . .llls +,,- . 80
ion
The Navor said this vas the reason ne
er--Asza5 .he hone that some company
would ror7e forward with its own capital
- build The subvavs that are Immediately
~eeaed Or p'1t ur substantial part o. lle
funds
IF some -o11parv would put in all the
csri-sl needed over and above $57.PH,R"
which the cic has available. he wrote
.rne subway difficulty would he solved ana
tl2e work % construction could 90 on in all
Z the boroughs simultaneously instead ot
pieoemeal
ns7-nr cavnor pointe6 out that persons
--r.-e-- exclusively make the demand be-
.---ee IF The false notion that if subway is
-- with private capital It must be owned
-- r:fn builder and not by the city, whereas
t1a Is,v pro-ides that the subway would be-
iois to the city in either case on the lin
-ed franchise given.
some again. the Mayor concluded. are
% pretudiced against the present subway
Toruany on account Of the crowded condi-
ion Of their cars thai they scorn any
trroposition Of that company for the build
ing % additional subways 10 relieve the
congestion This soliflds odd but il is wo-
fully true Tho committee you propose can
10 good work. in dissinating all of these
errors and pfejudices and stop al hicker-
ing. To get opposing sides 10 listen to rea-
\ son and agree the first thing always is TO
allav ali bitterness. which is very often the
hardest job Of all
RcAdoo Visits Brooklyn.
-'WGEiia,n .. McAdoo. accompanied by "
C. Fisk 7i5e-presideat gC The Hudson &
Manhattan Railroad Company. and J. Y
Davis. chief engineer. made an Inspection
yesterday Of the Fourth avenue subway in
BROOKLYN 10 study The physical conditions
of the line which lie intends 10 include in
his offer 70 operate TIE triborouEh route
way for early subway construction was
made ~ controller PrenGercaat. who in
reduced = resolution in the Board Of Esti-
rrsta and Apportionment instructing the
controller TO submit on December 1 q state
0-ent showing tHe citE's probable borrow
Eng capacity On June 81, 1911
Cortroller Prendergast expects that this
resolution. which was adopted unanimously,
VIII establish T'-it;l- sufficient eNactaess 1he
amount that viii he available to the cit-
during The years required for the tribor-
-oagh sghway's construction
Nj. McAdoo had no new information to
give after his tour of inspection. He again
said +hst his proposal contained no details,
snd 1hsr ne intended these should he ar
ranged IN conference. Asked as 80 sUg-
eesticn. made bv Nessrs. Mitchell and Prem
Ge-gssr that he should give the city he
ri1nf 20 tUs -he extension Of the Hudson
tunnels system from SD street 10 TIE Grand
Central Station after ten Years M Nc
Adoo said that the franchise contains a
provision for purchase after twenty-five
7ears. and that there should he nc diff
lculty in coming 70 some understanding on
sry resscra bic demands
lnterborovol7 Directors Meet.
Ire p-eekly meeting Of the hoard Of ,ii-
re--ors of the Inter borough Yesterday was
.rot productive OF d new offer. August Bel
mont William a Reed. George ". Young.
andrew Freedman. Edwin HaV.ley. and
practically sII the other directors attended
t,2e meeting. bat Theodore ?. Shonts, p-esi-
dent of the Inter5oroUgh. was absolutely
uon-connljttal on what transpired during
The session.
Samuel Ree. second ice-president of the
Pennsylvania Railroad Company, made a
statement yesterday in which he criticises
;ke NcAcoo proposal as Inadequate 70 fur
nish real access 20 the Pennsylvania
station and 10 give relief 10 tire lower West
side The only benefit Of the Hudson
Company offer" said Mr. Rea. is that
s. win undoubtedly hasten rle satisfactory
solution Of the rapid transit situation. but
he proposal would not provide real rapid
transit for the West Side Of the city or for
The Pennsylvania station
NJ Rea added thar he weuld rot dlscour-
age any, offer Of the Hudson & Manhattan
Psilora5. Coynpsny. but, in has opinion the
only solution Of the problem would he
four-trsck subway. on the East Side and
fogr-1rack subway on the West Side
Such z subway system h. said. can
be Effected by means Of extensions to the
rYessnr subway Of the city. Or bv an inde-
rerdent and competitive route