Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-06-05
DOLLARS
FOR NEW STREET
IN NEW YORK
MAYOR GAYNOR APPROVES
PLAN FOR COSTLY AVENUE
Proposed to Cut Through Heart
of City to Establish Thor
oughfare that viii Make Fifth
Avenue Look Shabby.

Especial Correspondence 10 Morning JournaIl
New York, June Now hat this
city's chief executive has expressed
his approval Of the plan to cut through
the heart Of the city a new thorough
fare which viii as far overshadow
"Millionaire's Row" as Fifth avenue is
called, as does that aristocratic ave
nue. surpasses the Bowery, New York
is likely to see the greatest wholesale
destruction of property ever purpose
~ caused by the hand of a In
deed. If the plan as now projected
goes through, 1t will outstrip anything
in the way of natures efforts except
a good-sized earthquake, for nothing
else IL IL believed could cause such a
wholesale destruction Of great build
ings and landmarks. As outlined the
project contem plates the cutting of a
new north and south wen through
the congested part Of the city. half
way between Fifth and Sixth n
In order to relieve the congestion
which these thoroughfares are unable
to handle. AS proposed the new ave-
nue. will be one hundred feet wide and
the property value alone of the space
which IL would occupy Is upwards Of
$40, 900, 900. No less than 40S city lots
appraised at an average of 500, 600
each. would have to be acquired in
the %fifty-one city blocks which the
new venue would traverse. This
Item, however, great as 1t may seem
is by far from being the largest in
his gigantic undertaking. The
ground which the street would oc-
cupy is now crowded with buildings
whose cost runs far into the hundreds
of millions, all OF which would have
to be ruthlessly torn down. Theaters,
clubs, residences, churches. business
structures and even the almost com
pleted $1,000. 600 new public library
now occupy the land necessary for
the carrying out of the project under
consideration. For it's achievement
their removal will be necessary. Al
together If the plan goes through, IL
will, by involving more than a billion
dollars worth of property, giving to
New York the most expensive street
in the world, which at n value of
more than $500, 900, 900 Il mile. will
surpass anything Of the sort in either |
or modern history.
Eggs at 81, 200 a dozen is rather a
high price, even for New York.
Nevertheless that Is the record which
has Just been set here, and with only
q quarter OF q dozen OF the expensive
eggs available at that. The eggs,
however. are not the product of the
great American hen, but OF the swan
makes its home In one of the |
lakes Of Central park. Their value |
i'm the fact that they are the eggs
Of a bleck swan. which are almost
MS scarce as hens teeth. Various Of
of 500 apiece for the three
Eggs have been received. but the park
authorities have refused them all. |
i.,1y rttf. AZ. "a 80. ,.r,,tl, $500 Rynn - |
$500 each, and 1t has accordingly
decided to let Mrs. Swan sit on
he eggs in the hope OF some ebony
cygncts. Accordingly for
more than five weeks there will be
lnxious waiting, since there is no
means of predicting whether or not
birds Matched from the valuable
Eggs VIII be black. If they are not.
he speculation IN eggs on the part of
he park authorities will be worthless
since $35 a pair is a fair price for
'oung swans of the ordinary kind. II
egg produces a black swan the
speculation viii break even, while
further success will show "A hand
ZONE profit. One a ct which has
'aused the keepers some anxiety Is
hat while the male white swans
with the females the task of
warm the eggs, the male black
refuses a. similar assistance to
lis mate. She Is being closely
watched, however, SO that If she
.hows any tendency to neglect her
Iuty, artificial means may be immed-
ately adopted to insure the Matching
# the most valuable eggs on record.
There will shortly be presented for
objection, this time TO King George
7, for something like the SEVENTEEN
the biggest bin which the world
as eVer known or is likely to know y
fhich is held by a New York woman
gainst the English government. Com
AIRED TO it's incredible total, the ma
debt becomes but a drop in the +,
ucket and all the wealth of the
man in the world would not ,
ay the interest on II for a week. Irs :
)tal as set forth in the latest account =
ng and demand for payment. is S93. :
400, 62S. 100, 600 900 600 600 or
than SO septillious Ct American E,
money. To pay Il would ruin Great +
and in fact il il should be paid /,
he whole British empire would Re- :
ONE the private property OF Miss /
the claimant, who 4
Guild then without missing ii present !
ne British Isles TO Father Knicker- :
ecker as a playground. AS a matter I
low NV 10 ~ AAAFAA'N tAARak a. 7
he whole world to settle this obliga- I
on and 1t therefore has a very slim 1
nance of being paid. Most of the o
mount is interest on the claim which q
an inherited one and dates back
seven hundred years. During l,
he Hundred Years Wa between Eng il
nd and France the Italian banking s.
ouse Of Peruzzi. from whom the d
resent holder Of the claim is descend 4
I, financed he campaigns Of King 81
dward III. For the money thus ad- e
inced q bill has been presented to
ie British government every ten e
'ars and IL is largely the interest n
hich has been piling up enormously Il
lrinE seven centuries which now
the account its unbelievable to- S,
J. Curiously enough the bill has n
been regulated. Il has simp- il
been neglected" But whether or ei
II it Is valid. IL certainly is not coll o
ctible for the simple -eason that "
ere Is not enough money IN exist 1t
to pay IL. A settlement o. a a
OF even one dollar on every mil n
,n would still mean "a piylrens OF (,
than nine quintillions of money RI
What is probably the oldest habi- m
residence in New York is soon IL
tegin one OF the strangest pilgrim W
es In the records OF house moving NJ
The average life of "A huildine
this city nowadays Is estimated 10 III
llfti. more than thirty years and liza