New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-02-01
Opponent of Contracts in Pres.
ent Form Surprises Other
Members of P. S. Board
by His Presence at
Final Discussion.
CONTINUE SESSION TO-DAY
Chairman Eynects Interborough Will
o. X. Plans id That Dual Sys-
tenn Agreements Can Be For
mally Executed by Tues
day or Wednesday.

udy VI w CuuCoudy.
One of the largest conferences which
has marked the last stages of the
completion of the dual subway con-
tracts was held last night at the home
of Chairman Wilcox of the Public
Service Commission. in East 4Jth
street.
The conferees from the Public Ser
vice Commission and the transit COM
mittee Of the Board of Estimate met
representatives of the Interborough
Rapid Transit Company and the Nor
gan banking house for final discus
sion of the amendments made by the
commission and the transit committee
TO the interborough contract.
The conference began at 9:30 o'clock
and lasted until after midnight,
although at ~ o'clock the term Of
Chairman Wilcox expired. AS Gov
ernor Sulzer has not yet appointed his
successor. however. the chairman's
authority was undisputed.
Chairman Wilcox said there would
be no statement issued after the delib-
erations, and that the conference with
the Interborough people relative to the
company's approval Of the revised
forms Of the contract probably woull
| be continued to-day.
Besides those who have attended the
conferences heretofore, there were pres
ent last night Controller Prendergast,
Seth Low and Mr. Maltbe of the Pub
Tic Service Commission, who had been
opposed to the forms of the contracts
and had not attended the meetings at
Mr.. Willcox's home.
Mr.. Maltbie stood alone i'll opposition
10 the contracts among the party OK
seventeen who were present Inc
others present were: Chairman WILCOX,
Public Service Commissioners Eusts
and Williams. Borough Presidents M
Anenv. Miller and Cromwell, of the
transit committee of the Board Of Es-
| innate: Theodore p. Shonts. president
of the Interborough company; Il. j.
Berwind. director Of that company
Richard Reid Rogers. counsel FOR the
marlborough; j. +. Morgan, Jr., ana
Henry Dawson. Of the Morgan hI"'
which is TO finance the Slio'cO"ow
bonds for the Interborough company;
Francis Lynde Stetson, counsei ior
J. p. Morgan e. Co.. Leroy L. HarkneSs'
counsel for the Public Service Com
mission, and Travis Whitney, secretary
Of the commission.
Monday is now set by the majority
members of the Public Service COM
mission as the day on which the
amended contracts for the dual subway
system will be finally approved. Chair-
man Wilcox of the COMMISSION saio
last night the amendments yet TO oe
discussed weres Of minor importance
tIo r,d;cu,ed the statement of CommIs-
sioner Maltbie that the changes mace
IN the Interborough contracts wouio
r,sul, in a saving to the city OF mary
millions Of dollars.
After n short regular meeting yester-
,,. ,bo commission adjourned until
noon Monday. when the contracts are
expected to be approved in open meet
ING as is required, before they are
turned over to the Board OF Esumate
ord Anportlonment. 1t is likely that
s,ecial meeting of the Board OF EST.
mate and Apportiohmeht VIII ue sa~
Tmcsday. and the contracts may be re-
,urred TO the commission for execu-
,icn ON that day Those were the plans
outlined by Chairman WILCOX ana
pcro,,gh President McAneny at the
and NJ the deliberations yesterday.
Toitber was willing TO fix positive
time when the dual plans would De
realization. They admitted that some
noints still at issue with the inter
borough company might cause Iurtner
delay. though such delay WIS haruV
expected. they said.
No Vital Questions.
"1rhere are three or four pending
questions to he settled with the inter-
borough company" Chairman WILCOX
said last night. but they are not re-
garded as vital and are not likely In
anv way to upset tho negotiations.
The points at issue do not involve any
large amounts of money. know OF
nothing on which to base any prophecy,
as was suggested in some OF the papers
to day, that the Interborough VIII
make serious objections to the
changes"
Mr. Wilcox took strong exception tv
the deductions Of Commissioner Malt.
bic that the amendments in the con-
tracts would net a saving Of some $4O.-
600 600 to the city. He declared the
recapture clause in the Interborough
contract, which had been stricken out.
and under which Mr.. Maltbie and
others of the opposition contended the
city would have hs} Tpay. twice for
the company's eauiSclnt IN addsd