New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-04
RESIGNED TO HAVING CRAM
Bassett's Colleagues Will Miss
Him-B. p. T. Hits at Gaynor.

Members Of the Public Service Commits
lion we're resigned last night TO having J.
Sergeant Cram supplant Edward NJ. Bassett
on Tuesday They were sorry Governor
DIX did not heed the request Of Borough
President McAneny and withdraw the
nomination of Mr.. Cram until the new
rapid transit contracts had been signed.
Neither President McAneny nor any other
member Of the transit conference would
comment on the reply Of Governor Dix 10
President McAneny, pr4yted in the after
noon papers.
The conferrees expect to get their report
completed before Mr.. Cram takes his seat
on Tuesday, so the only deprivation that the
supplanting Of Edward W. Bassott will
cause WI. he his service in drawing the
contracts.
The conferrees met yesterday afternoon
and last night. and expected 10 get together
to-day IN order TO complete their report
+ 3 salisbury chairman Of the trans
portation committee Of the United Civic
Associations Of the Borough Of Queens,
vrote 10 Governor nix yesterday 10 say he
entirely approved Of the request Of Presi
dent McAneny that Commissioner Bassett
- allowed TO remain member Of the 4,ub-
hc Service Commission until the contracts
Ter Ire new rapid transit lines had been
drawn The letter was TOO late however
?, Governor Dix had ALREADY replied TO
PRESIDENT McAneny. indicating that he
hoped the appointment ~ Ar cram would
te confirmed at the earliest possible mo-
r1eat
There was nothing 90 indicate yesterday
that the report II President McAneny
which will be presented 20 the Board Of
Estimate on Thursday. would not be, as
already stated. a substantial victory for the
brooklyn Rapid Transit Company. II was
understood that the report would recon-
mend that The marlborough be allowed 10
extend It's present lines in Manhattan.
BROOKLYN and The Bronx. bat this recon-
mendatioD would not seriously interfere
with the acceptance Of the Brooklyn Rapid
Transit proposition in fun
Colonel Tmothy :. Williams president of
tae Brooklyn Rapid Transit Company, de-
ided yesterday to reply to the letter Of
Mayor Gaynor. IN which the latter said a
number Of unpleasant things about the
Brooklyn Rapid Transit. "Of course" said
Colonel Williams. lin view OF the Mayors
previous attitude on the subway question,
The Mayors rather heated criticism ought
not 10 be taken too seriously"
Colonel Williams then quoted the test-
nony Of Bion J. Arnold tho consulting en-
sineer Of tho Public service Commission
rho IN December. 1909. after an exhaustive
hYestisetion Of the Brooklyn Rapid Tran
81 property. testified that II was in very
socd condition. much better than other
pfoperties that ] have examined"
Colonel Wiliams's statement follows:
,.ourirs The eight years ending juno 30.
sV. the BROOKLYN Rapid Transit system
nas expended sl2 65S, 900 for rolling stock.
,tpfescnung new cars and equipment and
, ,,npi oveincnts incident 10 conversion Of
- PtS or equipment. and IN addition in the
,Sst len years, has expended upward of
..-ie1vW IN maintenance OF equipment
.nahng total expenditure Of upward Of
'-2;;VOON since the year 1900.
Nhen The Mayor seeks TO put our cor
rorale financing H. the same category with
me financing which he so cloquently de
"tun'ed ~ Manhattan when he was a can
nate tOr othce, he shows his unfamiliar
~ with the facts. " has been shown over
~ ~ over again IN public discussion and
.,-Iiai investigation that the result of con-
iolo9,lon OF railroads in Brooklyn has
uteh 10 effect very great decapitaIiza-
ION This disqualification aggregates 81.
,pVn. and in addition there have heon
.NpeholtureS Tor additions and improve
'nthts from earnings and other sources not
capitalized amounted to about 500 OO0. 0O
ne actual interest charges were reduced
y, consolidation over $3.50 900 per annum
sbout A5.OO0,O00 OF new cash has been mt
years '' i'@t 'lshl
Is result OF the facts to which have
siuoec, Mr.. Arnold. IN his testimony no
rore the Public Service Commission I'm tLe
coey Island fare case, testified that the
81 OF reproduction of the company's
z',perues was approximately the capitali-
uon OF the company, and this opinion
To- ADOPTED by the commission I'm dismis
me complaint In that case
AS 10 the Mayors suggestion Of r,rosn.c
oons,, BANKRUPTCY, l would suggest that ne
Yorr WIN well Informed bankers of New
6nsn,. including those who arc said to he
thio,hg the lnterborough Company. and
isrr. , ~. ne Will find that the credit Of no
is &c uuaction company In the United states
as high as ours "'"''s
shia the midst OF the panic Of 1901 We ve,c
is,,i 10 borrow several million dollars az
rad over per cent. our bankers arc
canst to.oav TO supply $75.000OOO OF new
prnvS LOT transit extensions and inn
we hents u We get the contract which
wn.avo proposed 10 the city
yn,S see no reason why the CITY Of Neu
shor1,x " should decide TO deal with ms
stsktpoa. not have the same confidence in our
kSrn and methods that our bankers
displayed and are displaying in their