New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-10
,,,n,,aranteed Five.Cent Fare to
W coney Island Broached by
Him in a Letter.
ofpENDs ON HIS DIRECTORS
uould Recommend 1t if City
,.,;,t Extensions Of Fourth
Avenue Subway with It's
Own Money at Once.

yesterday by either the fu0h' 'e''''
.,ssion or the conference committee
o,,he Board Of Estimate OF letter VIII
.na editor Of an evening news
,,Der by President shon's OF the inter-
forh Rapid Transit Company. IN
-, be suggested that under certain
s.arces he might he willing to
ornend TO his board Of directors tha'
=. vs;ve a guarantee on o-cen' rare
corev Island over the Fourth avenue
-, and its extensions. President
s,o,ts it was said, had not broached
.n., thing to any of the conierrees'
c,ose study Of the language of the
s..a of the Interborough led them to be-
49,. that the advantage suggested by
,,,, vas more mythical than real.
;, ras pointed out that under the
,...,horough offer the city would nave
,,-,ish the money for building the
.-.ors,ons IN the Fourth avenue SUBWAY
,,a that all the Interborough investment
would amount to would be the S2""'""
=, ,so that II would cost TO equip the hne.
,.,os. any one with any knowledge OF
che situation would be willing to CON
csde that the Coney Island lire would
earn enough money 10 pay the interest
-, Tho cost of quipnent and the bare
,,s-ating exp. lses. What the city
,,o,,,d have 70 do would he 10 stand back
~ the interest on the cost Of construc-
tim So the Interborough would not he
ealing chance. even if the directors or
,he comrany were 10 yield to President
shorts's suggestion. In the past trey
have been known 10 turn down thlnss
fra, he had told the Public Service Com
mission he personally vas willing TO do.
The preparation Of the report that is 10
be presented 20 the Board Of Estimate On
Monday went on uninterruptedly Bor-
ough President McAneny repeated what
he had previously said. that no changes
had been or would he made in the terms
Of the report as agreed upon by the con-
terrees early in the week.
Cram VIII Not Hinder, He Says
In assuming his duties as a member Il
he Public Service Commission 70 sue
usd Edward NJ. Bassett. Yesterday, J.
Sergeant Cram said with mucn en-
rhssis II will do nothing 10 delay the
umpe'ion Of the present report. have
,ssed the chairman TO ignore my pres
nSfor the time being so far as the re
ror goes There is nothing to delay the
tarlr construction Of subways 50 far as
Ian concerned have not seen any
Iar, of the report. and. Of course, do not
know whether or not l shall sign it. but
that p'ill make no difference"
Mr. Cram added that he had most
positive views on subways hut did not
care 10 outline them al this time. Il do
rot think that il would be either fair or
wise 10 do So" he declared. Il want 10
consult ny colleagues in the commission
first and profit by their collective wis
Com and experience. Perhaps I shall
have something TO say toward the end Of
next week"
Inc new commissioner reached the
o'hces Of the commission shortly before
noon and went at once 10 the office Of
Mr. Bassett which he is TO occupy in
me future. They talked together for a
ie" minutes. and then Mr. Bassett in
uoouced his successor to Chairman Will
"x' The other commissioners and the
neads Of the various departments. Then
Nommssioner Cram went downstairs 10
"e regular Friday meeting. He took no
isr' IN the proceedings. simply making
We formal announcement that he had
"'eNed MS commission. had taken his
@'n Of office and had sent il 10 Albany
TO be filed
commissioner Cram remained only
=" minutes after the meeting. saying
=. . would be back bright and early on
SVnoay morning. In that brief time.
.D"e'er' he received a Tammany dis
."t ieader-Ross Williams. Of the 18th
snoiy District. II was said that
.'"''ns has al eye on the secretary
70 The new commissioner
ny way Of explaining why he was
..s e on cane Commissioner Cram
ne mad slightly sprained his ankle.
sassett Reviews His Term.
~ retiring from the commission Ed
a. bassett made this statement:
.speoioinigh the commission, and perhaps
eriti.e.N nave attracted a great deal ~
t's,aS..H ~ has been four wears OF koen
faction anH, on the whole. of more salts
lossi1le "dh d, al the beginning l thought
IN Tho -, ~ mas been formative period
aest Equation of the state and II is a
shaDins' Eilege 10 have had a hand in the
AsgeSo ~ new thing I'm which one he
srd - regret 10 leave nv rolInse.'',.,
lns,s consider that have been mos, for,
ssob M M oelng in close contact with four
tin1s Ill IL Tor four years. We have some
have ne,.n Feq IN our opinions, but we
'aoher. imputed wrong motives to one
r.. cs'aent Shonts in his letter on the
'Siahd fve-cent fare. said.
tonsl lelal ,sla, study Of the amount of addi.
srstsd Idnlc which will probably be gen-
avenue " ihe completion OF the FopIrtb
Coney IsIAelsions to Fort Hamilton and
ecsted ranI ana the other extensions in
ecmpIe indicate that. with ihe extensions ions
ard deso; NE risk Of operating losses
On eQun'oSs! IN interest and sinking fund
the corplent costs might be one which
isse P'"y would be willing TO under
strlct eiore; the city will agree 10 con.
khsil ha neolately these extensions
Compare prepared to recommend that tho
oui ihs Modlfy its offer by striking
make provisions requiring the ciiv 10
ey the oS Inc annual deficits sustained
sns IN the provisions % @ for e bc sale accup1 1me
70 the ~ c,, any deficits which might accrue
eDon jts ior interest and sinking funds
S Investment
N, PRESIDENT Williams Of the Brook
VII, pu Transit Company. the offer Of