New-York tribune., 1912-01-26
SUBWAY TALK HALTED
WHILE LAWYERS CONFER
Negotiations Await Decision Of
Counsel for Service Board
and Morgan & Co.
SETTLED, SAYS WAL. STREET
Hears Interborough and City
Have Come to an Agreement
Some Points Are, Yet
To Be Settled.

10 be S6JIlGQ.
The subway pendulum, which has been
swinging back and forth rapidly in the
last two months, almost came to rest
Yesterday. All conferences and tentative
propositions and agreements about
which there had been so much talk were
held M, pending the deliberations of the
LAWYERS, George S. Coleman for the Pub
lie Service Commission and Francis
Iynde Stetson, representing j. p Nor
gan & Co, who will handle the bonds of
the Interborough Rapid Transit Com
many if the latter makes a contract with
the city.
Although in Wall Street it is looked
upon as settled that the Interborough
and the city officials have come TO an
agreement, some of the conferrees said
Yesterday that there remained points OF
difference that would have to be
thrashed out In regard to these points
Borough President McAneny had a talk
with Chairman Wilcox of the Public
Service Commission and another with
Controller Prendergast. But the Bor-
ough President would not talk about the
status of. the negotiations.
II 90 not want to say anything until
we have finished the job" he declared.
Controller Prendergast went to Lake
wood late in the afternoon and will not
return until Sunday night. This was
taken to mean that there would be no
developments before next week at the
earliest
The report that counsel for the Brook
lyn Rapid Transit Company was con-
ferring nth Mr.. Coleman and Mr.. Stet-
son was denied. 1t was rumored that
the Brooklyn Rapid Transit Company
officials wanted to bring a test suit to
decide as to the legality Of the q per
cent guarantee that the city would give
OH their present elevated lines under the
proposed agreement with that company.
At the offices of the Brooklyn Rapid
Transit Company it was said that no
such suit was in contemplation.
Members of the Board of Estimate
who are in favor of carrying out the Nc
Aneny- Wilcox report as drawn last July
say they do not believe Mayor Gaynor
can successfully hold up the links in the
routes that are proposed Cor the Brook
lyn Rapid Transit Company. The res
olution of Borough President Connolly
of Queens, calling upon the Mayor to
tell the Board of Estimate why he had
not acted on the 59th street-Queensbor-
ough Bridge route that is now before
him for approval came up at the board
meeting yesterday.
we do not ask that you approve or
veto it," said President Connolly. but
we would like TO have you reach a de-
cision one way or the other, as the mat
ter has been before you for months"
rs this line ready to be built?" asked
the Mayor in low tone.
No" answered the Borough President,
but l think we have a right to know
what your views are on the matter"
As this is a matter that concerns me
/ think l shall 60" said the Mayor as he
got up. Il want to say this. however,
that as soon as l find that subways are
ready to be built and we have the money
TO build them I shall approve the plans
so quickly that it will make your hair
curl"
We realize that it is in your hands, -
said Borough President Miller.
Yes. and it is in safe hands, too"
added the Mayor, as he left the room.
on the first vote the members of the
board lined up as follows: The Con-
troller Borough President McAneny,
Borough President Steers and Borough
President Connolly in favor and Ar
dolph l.. Kline. acting President of the
Board of Aldermen; Borough President
Miller and L. l.. Tribus of Richmond,
actinS for Borough President Cromwell,
against. Tho who voted mo" said
they did not think it was necessary to be
discOurteOus TO the Mayor.
Mr.. Kline later however, decided that
IT was a proper request to make of the
Mayor. and by changing his vote he
j sed the resolution. 1t is understood
that the Controller has in mind similar
resolutions asking the Mayor why he
has not approved other links in the pro-
posed routes.