The evening world., 1911-01-31
Service Board Reached Agree
ment Witt, lnterborough
Company Two Weeks Ago.
PERPETUAL FRANCHISE.
The Traction Ring Gets All 1t
Wants for the Over
head Lines.

iou WIZ iSSuh hoW' JUST ocioic
Christmas, they approved Of the In
terborough bid for the new subways
the bid with the string to It: the
string. being that the proposal was
contingent upon q grant from the city
Of perpetual franchises to third track
the Second, Third and Ninth avenue
Il" lines.
Well, they have gone ahead and
cut the string and approved OF the
perpetual franchise. The public Will
be acquainted with their public ser
vice" Just as soon as the Board OF
Estimate passes upon the subway
bid.
In an agreement reached with Presi-
den Theodore p. Shonts. General Man
ager Frank Hedlsy and Counsc r. II.
Rogers OF the Interboroush MORE
THAN TWO WEEKS ago the Com
mission arranged for the now elevated
franchises under tho. company's old
franchise. which gavo the company the
" ''tttNi w u pbohN
In perpetuity. The commission mas
done this, instead of making the new
elevated franchises under the limited
term franchise law. as It was expected
1t would do following the protests OF
taxpayers made at the public hearing
Dec. q.
That the Commlssion-the same Com
mission. 1t will he recalled. that decided
that . nve cent fare to Coney Island
was not enough for the Brooklyn wing
Of the traction ring-was seeking to
present gratis O perpetual franchise to
the PETERBOROUGH for thd~rd-tracklng the
l. roads, with eiGhty-nve-year franchises
for the various proposed elevated ex-
tensions. was exposed In The Evening
World upon the very day OF the public
h fearing.
TIT IntsfborouSh Il 1903 volun-
tarily offered to accept q ten or
twenty-five year franchise for tbs
very same third-traok rights with
fair compensation to the city.
Prof. Edward NJ. Bemis appeared al
the hearing. n from the floor in front
Of the woode throne upon which were
seated the hve $4,000 a year Commits
sioners, declared that the commission
was making n present to the INTERIOR
ough Of franchises worth from 81, co.,
900 to $50. 900. 900.
Tho lnterborough.' he added. EVIL
IDENTIFY realizing the great pront from
these elevated gains, has made its sub
way proposition contingent upon their
being given. The proposed frsnchise to
third-track represents a monopoly
profit Of from 3i.50o.0oo to s.. 500, 900 a
year. Would II not be well. therefore.
to settle the subway matter frat and
make any elevated settlement walt un-
til II V seen what can be done with the
subway? Certainly the city should not
give away its most valuable gift. the
elevated franchise. while the subway
matter is still unsettled"
Pointed Out by Evening World.
The Evening World also made 1,
perfectly clear how the In~tsrborougt
demanded the IL" franchises, In them.
solves Of enormous value, ~ q condi.
tion precedent 70 accepting the vsry
valuable rights In the matte Of sab.
way sxtsusious with o83, 1000, 900 OF thu
oity's money thrown IN BY the city q
D Q special bonus.
Despite the protest made at tn,
hearing. and expressed by taxpayer
all over the city. demanding that M
more perpetual franchises be stver
ovcr public highways. the Public Scr
vice Commission, successor of tn,
= Rapid Transit Commission, six year.
(. after its predecessor rejected tn,
; twenty-hve-year proher OF the Inter
b borough, has agreed TO give sSo-yssi
franchises 70 hs'xntsrborouSh to bull
third tracks on Second md Third ave
/ nues. with one for extended thir'
. tracks on Ninth avenue as well.
since Dec. "a members OF the com
mission professed to have been en-
xaGed In conferences with the Inter
borough, discussing chiefly these tw
!. points:
:" 1. Whether the elevated line up
Jerome avenue. from Ono Hundred
and Sixty-hrst street to Two Hun
E dred and Thirteenth street. was 10
be regarded as an extension Of the
present IL" system whlcl means 4
h franchise In perpetuity, or an extern
slon OF the present subway system.
the city having the right to take the
"a extension over after q limited term.
le say after ten years.
.. Whether 2 per e OF the gross
earnings on all receipts OF the entire
system be paid TO the city. the third
s tracking rights being equivalent to
" a subway franchise. or just . per
&c cent. OF the gross receipts OF the OK
o. tended portions OF the elevated sys-
y; TEN be paid 10 tho city,
IN Worked In Secret.
\, Rut never once has the issic
announced any intention OF recedir
gd from Its purpose to deal out perpetu
ow franchises to the lnteroorough.
&c, many ways they have sought to clio,
or their movements. declining to NAL
=, public ans Information with respect
the subject. Although officials Of u
xstsrsorouSh are Boosting that III,
have the new elevated franchises seal
N, aud delivered 20 Tar ~ the Public Dc
- vice 0eumissiea 70 ssaessaa, the Cor