The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-26
SUBWAY DIGGING ON MONDAY
MAYBE I LITTLE CEREMONY
At SINTi SEVENTH ST.
Bra,ilcy Company WIN start Holes In
twenty Places -Pcchw Orih's Bond
for Another stretch Not Ready Vet
IntcrborOugh Explains It's Attl'adc.

Twenty Places -pcckWOrthS Bond
for Another stretch Not Ready Vet
Intcrborough Explains It's AttHudc.
The Public Service Comn. on an
npuncei Yesterday that wD'i on the
Lexington avenue subway will he begun
on Monday. July a. at Sixty-seventh
street There will probably be a ccrc-
mony to mark the turning of the first bit
of earth. but it will be simple and will
in all likelihood consist of Chairman Will
cox of the Public Service Commission
throwing up the first spadeful
The Bradley company which has So
cured the contracts for the building Of
the greater part of the Lexington avenue
line from Twcnty-sixth street tn lO8th
street, will have plants along the avenue
by that time and will I've ready to start
work in about twenty places.
II was expected that the contract for
the obstruction of the stretch between
Fortieth and Fifty-third streets. which
was lei to Charles n. Peck worth. would
he signed Yesterday. hut he has not vet
handed to the commission bonds for tho
proper completion of tho work The hid
ofthe Peckworth firm was about 81 ZOO, 900
lower than that OF the Bradley company.
Mr.. Peckworth will. however. have sixty
days in which to qualify.
The lnterborough Rapid Transit Com
pany in yesterdays issue of the pub
lcation 1t brings OFT every month gave a
description of the attitude Of the company
in the subway negotiations. Part Of
this reads:
The Interborouch company never denied
that the McAnenv report. as originally
eubmitted. furnished an attractive rapid
transit plan from a geographical point
Of view. The officials nf the lntcrhorough
Rapid Transit Company. realizing their
obligation to their sto, kholders realizing
at all times that they were representing the
Interests OF others. realizing that in the
business world there il no excuse for de-
stroyng a valuable ana prosperous prop
erty. refused TO make . disastrous bargain.
After tho situation had been gone over
in conference the representatives Of the
city and of the Public Service Commission
agreed that as business proposition and
Hs matter of fidelity to interests entrusted
TO their care he officials oi the lnterborough
Rapid Transit Company were precluded
from making q contract upon the basis
originally suggested IN the McAncny report
Thereafter II new proposal was drafted
ny the lntcrhorourh Rapid Transit Conn
pany which. while protecting the property
and the business of tho company. was AZ
the same time in the nature of a concession.
because IL provided for doubling the lines
Of the Interborough Rapid Transit Com
pany, doubling tho responsibilities of opera
ton, doubling the number Of passengers
carried If trINlc increased to that extent -.
and AT the s,Ine time prov ided for a reduc-
tion OF over Sl,mo,0o1 in its income This
was a concession representative of all that
the lnterhorouch Rapid Transit Company
could do. for il is oby ious that when a transit
corporation responding to tn" demands
Of the public. responding 10 the natural
desire which il has to expand and develop
its business. goes ahead and makes an
enormous investment and doubles its mile
oee and its equipment, II would naturally
expect TO MAKE more money rather than
less Yet the Interhorough Rapid Transit
COMPANY in carving ont these negotiations
snd bringing them to what AL N" oonfc-ceH
regarded as a successful conclusion agreed
to accept million dolaIs less than il is nov
earning.
The InterhorouEh Rapid Transit Com
pany has no apologies to Offer for its course
during the recent negotiations, The man
agemcnt of the company is entrusted with
the care and the custody nf d magnificent
property earning large returns upon the
investment and they have newer had any
doubt thai II vas their dutv 70 conserve
this property and this business and to
increase rather than to dWinish IT, They
have never had any doubt that IT, would
he a violation of trust and confidence for
them TO eater into a disastrous contract
or become parties to IN undertaking 50
expensive that II would entail crca, loss
and dminufion of ln"um"
Commissioner Cram, who has been urg-
ing the third tracking OF the elevated
roads. got into another dispute with his
colleagues 2t Yesterdays meeting Of the
Public Service Board tCmmisSi oner
Eustis told Mr. Cram that the counsel
to the commission was working on the
certificates. but he was waiting fer some
further instrlCtionSc,
"It seems TO me-" said Mr. Cram some
what tartly, "ths. II l. the function of the
counsel TO instruct Us and not welt to be
instructed by lis
had TO be advised as to terms, and then
he added: And let mo tell YOU that the rest
of the tOmmiss toner's discussed those
terms for an hour gftcr you left yeste--
day" Mr.. EustS said further that If every
member of tn" commission would help
' TO discuss those terms II might facilitate
natter. Mr.. Cram did not reply. After
the meeting ho was told that IN" Certifi-
Gates would be ready in 4 few days
There wPs q conference held Yesterday
between the members of the commis-
sion. President Williams Cf the Brooklyn
Rapid Transit Company, who attended
with William F. Shcehan AID ex-Justice
Edward v. Hatch, counsel to the com
pany. II was explained aftcrward that
the purpose of the conference was 10 begin
a series of discussions on the legal and
engineering details of the offer made
to the Brooklyn company in the reson-
ton passed Last Friday by the Board OF
Estimate. one subject talked over was
whether the three South Brooklyn routes
the Culver, Sea Beach and West End lines.
should be made part Of the elevated extern
slons or of the Fourth avenue subway
II was not determined which would be he
better plan to follow.