New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-12-06
|NTERbORO'S BID
FOR SUBWAYS IN
Offers to Build Modified Tri-
borough System for S53,0O0,-
600 of City Money.
WILL COST S128, 900. 900
S75, 100000 from Company,
with s39,oO0,00O for Other
Work-Scope Greater than
in McAdoo Bid.

The efforts Of Chairman Wilcox and
he members of the Public Service Com
mission in getting William c. NcAdoo.
president OF the Hudson & Manhattan
Railroad Company. TO become a eonpeti-
tor for the extension of the present sub
way system IN this city were rewarded
Yesterday by a subway offer by the In
company that is considered
to be the most comprehensive offer yet
made for the increase Of the city
transportation facilities
The strategy of the Public Service
Commission has brought from the Inter
borough a proposition to build new SUD
wavs with about one-third more mileage
than was offered by Mr. McAdoo. while
the expense to the city will be only one
half of what was asked by the Hudson
tubes man, and the Interboroush VIII
spend more than twice as much as Mr.
McAdoo proposed to put into construc-
ton
Besides this the Interborough agrees 70
consent to a modification Of its present
subway leases SO that the city can come
into the ownership of the property sew
eraI years earlier than would be possible
under the instruments now in effect and
II nuts itself in the position OF being
compelled to operate any further extern
sfons of the system the city may choose
TO build without charging an extra 1arer
The Interboroush proposition follows
the general lines Of the triborough sys~,
TEN laid down by the Public Services
Commission and carries this system QUO
nearly In full. in this way exceeding tho
nroposition of Mr.. McAdoo, who cut on
the outlying ends Of the triborough sys-
tenn. The essential features of the prop
osition are an extension OF the present.
subway on the East Side northward
under Lexington avenue from 42d street.
and an extension of the present system
southwark on the West Side down sew
enth avenue from 42d street Two ele-
waited extensions are provided IN Tns
Bronx. one on Westchester avenue 10
Pelham Bay Park and the other
.brouvh River and Jerome avenues 20
woodlawn-
New East River Tunnel.
new tunnel under tne East ENIN~r
from Liberty street is 70 connect Win
the present subway 10 Brooklyn at the
Borough Hall station The Brooklyn
s,,bvav Is to be extended down Flatbusn
avenue and out the Eastern PARKWAY
and there are TO be two extensions OF
.be Fourth avenue subway, one elevated
70 Coney Island and the other under
Ground 10 Fort Hamilton The Lafay-
e++e avenue subway is TO be built 10
Broadway.
The company proposes to operate 'h7
Fourth avenue subway now being oulit
bv the city in connection with that part
o4 the Centre street loop connecting the
Manhattan and Brooklyn bridges Inc
whole system is to be operated for a nN7-
cent fare and transfers will be given 10
tho lines of the present subway Inc eA-
tensions will have 35.5 miles OF road ana
1o6 10 miles Of track The present SUD
TO-, consists Of 1888 miles Of road and
%. s3 miles Of track
The company estimates the cost OF tno
extensions enumerated at sI-s,poOo-
II proposes that the city shall rurnlsn
s53 C.O 900 of this sum and the inter-
borough S15,OO0,OOO- But the company
g also willing TO put So. 100000 into the
tbird-trackfng and extension or us eie-
,atad system and TO turn over TO the
ci+v the Steinway tunnel. which has cost
nearly sSOGO.Ooo. provided the city VIII
nav 81. 800. 900 TO complete it The In
-erborOugh thus offers TO spend nearT
s1f4. 100000 of it's own money on the De-
veIoument of rapid transit facilities.
As contrasted with this. Mr. McAdoo
wanted the city TO spend S1o.rceo
In building subways having about two
thirds of the mileage OF the extensions
proposed by the InterbOrough- while tn7
fcAdoo interests were to spend sJO,u"".-
| ooo in the equipment OF the system after
I the city had built it.
( To finish Work IN Five Years
The proposition is TO finish the extern
sions within five years from the time
vort. is started and TO lease them TO the
Interborough for forty-nine years from
the time operation is begun But IN Or
| der that there might not be three seps-
rate leases for different parts OF the sSs-
| tenn. maturing at different times ana
i thus offering an opportunity Tor JOCKEY
| ing and haggling over terms as 0he
leases ran out. the Public Service COM
mission insisted that the offer snOuld
/ contain a proposition for the nodinca-
| tion of the leases of the present system
The Interborough. therefore. proposes 70
modify the present leases so that theS
EshaH mature at the same time as ths
lease on the extensions. that the CITY
NAV become the owner of the entlre SIS
/ tenn on the one date
| The city, however. does not lose us
riqh+ to take over the extensions er
/ ten wears OF operation This Is ProNlded
for in the proposition which says.
The city will retain the right to take
/ over the extensions a any time after
ten years that any portion thereof may
be put in operation upon PAYING 10 ths
/ Interborough company (al the amount
of its investment in construction over
| and above the S5S. .OooOoo supplied oy
the city. plus 10. per cent. which sum
shall decrease as the term continues, sc
1 that at the end of the fun term or ths
| contract no amount Will be required 70
| be. paid by the city. and fbl the then res-