New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-07-08
comprehensive and logical scheme of rapid

comprehensive and logical scheme of rapio
transit.
Chairman Wilcox agrees with the Mayor
thu. the proposition that the city guar
antee the marlborough against loss is IN
tolerable 1t is also pointed out that the
company asks that If the city takes over
the road the company shall he paid the
cost of the equipment plus Is per cent. ap-
parently without regard to its condition
and notwithstanding the fact that during
the entire period OF operation the company
is to be allowed loss from depreciation pc
fore the city is TO have any share in the
profits The letter goes on to say:
In view of the enormous profits that the
PETERBOROUGH company is making from .Iie
ctty-buiit and city-owned railroad, we
think thar the company is under CORE
spending obligations TO serve the puonc ut
extending It's lines and giving additional
facilities. and we CONSIDER tnat .he tei ~. he
which were under consideration IN me
previous negotiations are seneTally III az
cord with that obligation.
We have understood that represetltat NV,
OF the CITY have been in consultation with
the Interborough company for some tlnle,
but after reading Mr.. Shontss letter IeaL
with the history and scope of the previous
negotiations
While the commission will give due con-
sideration 10 this or other offers of the In
terborough company" the chairman writes.
I'VE do not believe that extensions 10 the
PETERBOROUGH should be allowed TO inter
fere with the completion of the triborough
route" In conclusion he says:
The commission desires me to thank you,
and ! desire to add my personal thanks, for
the cordial appreciation in the last para
graph Of your letter of our efforts to OBJ
tain additional rapid transit facilities. AS
YOU know. this has been one of the most
important subjects with which the COM
mission has had to deal, and you also know
the efforts that the commission has made
to increase and improve transportation
facilities.
The letter OF Chairman Wilcox had not
reached the City Hall before the Mayor
left there for the day. Before going he
said that he was not prepared to take any
position on the latest proposition OF the
marlborough: that he would hesitate about
forming an opinion before consulting with
the members of the Public Service Com
mission, who had given the question SO
much study.
He declared that any impression that he
had made UP his mind on the proposition
was erroneous, but that 1t raised ques-
ton to be studied carefully as TO whether
this plan or the Observation-Disclosures route
would be OF the greater advantage TO the
city.
Speaking of the latest proposition, Presi-
dent Shonts said yesterday:
The marlborough was asked for sugges-
tons as regards additional subways by
both the Mayor and Chairman Wilcox, and
IL gave them. Private capital having been
eliminated by the enlargement of the debt
limit the best use of city money is a
question which the city authorities must
solve
our own views are that. as between the
two courses presented-one the natural
and logical extensions of the present
city-owned subway. which can be built at
an estimated cost of so. 100000. and which
will give superior facilities to the four prin-
cipal boroughs of this city. for a fiye-cent
fare. and the other the construction of en-
tirely independent and disconnected lines.
furnishing the inhabitants of the city "a
less comprehensive service. costing from
S125 900 TO $3.50. 900 600. and necessitating
the payment of Decent fares by all who use
both subways. old and new-the first prop
osition. represented by our letter is for
the best interests Of the citizens of this
city