New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-05-31
Abraham Lincoln and the marlborough

The first sentence OIL that lalhi'di SoJihs W
ham Lincoln about foong some OF the people part % WV
time still has attractions for the lnterporough N"P
Transit Company.
Il has made one set of propositions to the Board OF
Estimate Committee and Public Service Commission ana
by transparency deceptive literature is making
set of propositions to the reading puoho'
Il has added in its newspaper and pamphet propose
tons "a MILES OF ROUTES which are NEVER MEN
TONED in it's official propositions Ihese 90 ho1 H.
cde many miles indicated with ciphers, which wlthoue
fgures before them are generally understood TO stand
for NOTHING
nseeks to convince the public that these new routes
are all to be built if the City accepts the lnteroorough
proposal
NOT ONE OF THEM CAN BE BUILT AND 0PER'
ATED UNDER THAT PROPOSAL WITHOUT AN ABS0-
Lutte GUARANTEE BY THE CITY UNDERWRITING THE
COMPANY AGAINST ANY LOSS OF ANY X'NO-EVtN
TO THE EXTENT OF INTEREST ON ITS OWN INVEST
MENT FOR EQUIPMENT REQUIRED FOR THE OPERA
TION OF THESE LINES.
The wonder is that with such saving clause the
con,ranv did not add hundred miles to it's pictured
routes But perhaps in that event none OF the people
would have been fooled any OF the time Inc puohsheo
products of acceeration indicate that some good people
have already been fooled
But even if the "a miles of additional routes should
ton and even the City might be persuaded to give the
Company the guarantee of indemnity against loss which
it demands what would the people get under the re-
vised plan?
102 MILES of rapid transit routes Gncudng exist
ing subways) against
the B. R. T plan.
And what would the City invest?
$4,000 900 under the Interborough plan-taking
the Company's figures; and
s103 500 900 under the B. R. T. plan-including
the extensions to be built and operated as ORIGINAL
LINES"
METEOROLOGICAL 1o2 MILES WITH s11o,0o0,o0o
OF CITY MONEY.
B. R. TITO MILES WITH s1o3,5oo.Ooo OF
CITY MONEY.
But this is by the whole story What is
the financial which the City will get under either
form of investment?
The B r. T. offer-a simple, honest, straightforward
financial plan which at once full interest and
sinking fund the major part of the investment. and
not dollar Of profit to the Company from the new lines
until full and sinking fund has been earned and
paid on the entire city investment. NO GUARANTEES
OF ANY KIND No operating deficits from Improbable
lines to be made up out of leves upon taxpayers The
from profitable nes-including all growth on
existing lnesto 60 TO support the improbable lines.
financial plan under which living de
terine what the return to the city treasury will be.
division of receipts and expenses between existing sub
ways and new lines which will certainly swell largely
the present profts-over II per cent-of the Inter
borough and will with equal certainty fail to give to the
City the benefit Of the actual earnings of its lines
guarantee the Company by the City against all loss
in the operation of Sal 000 900 worth of extensions and
against the loss of interest the Company investment
for equipment necessary to operate such extensions
THE B. R. 7. PLAN FURNISHES 100 MILES OF
RAPID TRANSIT ROUTES FOR S103, 100000 OF CITY
MONEY AND THE CITY PARTICIPATES IN THE
EARNINGS OF THE TOTAL MILEAGE. THE INTER.
BOROUGH PLAN las enlarged in the neWspapers)
FURNISHES 1902 MILES FOR s11O0oo0O0 OF CITY
MONEY AND THE CITY PARTICIPATES IN TIE
EARNINGS OF ONLY 70 MILES.
Truly the thoughtful citizen taxpayer would
hesitate long his choice between these offers If
he were not deceived by misleading representations
and fallacious figures:
Certainly the careful merchant will rot fsi 20 de.
ect in which proposal his greatest interest lies if ne
studies this transit controversy With ull information
Of the facts.
Then, if the City is to 60 into partnership with
TRANSFORMATION companies there is the question of the
character and corporate history Of the partner