The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-02
MOVE TO HAVE CITY
TAKE OYER SUBWAYS
Citizens Meeting Suggests
Acquiring P~clham-Concy
Island Line.
FORM PERMANENT BODY

a movement 70 recapture the subway
system for the city was inaugurated
yesterday at a meeting held at Stewards
restaurant In Park place at the call Of
benjamin G. Marsh and others who have
been aroused by tho revelations OF tho
Thompson legislative committee. Tlpsc
VINO signed the call for the meeting
were Seymour Barnard. Alfred j. Boul-
ton. Peter J. Brady. John Collier, Maui
rice Dcyong. Cornelius Donovan. A..
Fcldblum. Jonah J. Goldstcin. Fred W.
Hinrichs. Byron W. Holt. John J. Hop
per, Frederic e. Howe. County Judge
John +. Hylan. Henry kelin, Frederick
G. Leubuschcr. IL q. Perry. Edward
Polak. Charles Johnson Post. Cornelius
NJ. Sheehan. T.. i. Siriver. William
Spinney. Prof. u. c. Thomas and
George W. Thompson.
II is not the idea behind this move
msnt 20 move into the possession OF the
sutyways Immediately. Mr.. Jeubuschcr
suggested that tho best way would be TO
acquire some particular unit of the sys-
TEN and to operate that for the benefit
Of tho city. The route suggested was
the Pelham Bay P~ark-Concy Island
line. Mr.. Lcubuschcr said that II "a
tax Of two mills were assessed this
would yield $4,000. 200. or 500. 900. 900 in
ten ears. vt tho end of ten years
che city would he in a position to ac-
quirc tho desired unit. Mr.. L.eubuscher
figured that this sum IL about what
The people of the city pay In car fares
each year.
Addresses we're also made by !. l..
Coughlin. Judge Ilylan and Cornelius
NJ. Sheehan. Mr.. 1linrichs presided and
Prof. Thomas introduced tho resolution
which was adopted. This resolution
provides for the formation Of a perma-
ncnt organization to promote the re-
capture Of the ~subways. This organiza-
ton is to be known as the Society to
Rccapturc the Subways. The resolu-
ton follows:
Whereas, The people OF New York city
pay in local c~srfdrcs about ninety millions
Of dollar annually. and at tho present
rs'c Of Increase they viii pay about 81
coo. 600, 600 In c~arfarcs during the next
decade. aud
Whereas. Under thc dual subway con
tracts tlIcr" arc four chief operating com
ranics unrelated aud. with minor oNcep.
'N'NN y tAE - AFAlA
hut tho peterborough Rapid Transit COM
pduy aud the Brooklyn Rapid rranst.
Company are entitled to Largo profits cN"n
under wastful management. before the
city shares IN tho profits. aud
Where's, u Is contrary to public roliry
70 permit private capital to exploit the
public by transit franchises, and
Whereas. Under the dual subway CON
tracts the city an rccspturc an opersblc
unit ~ the transit system. ten years after
operation Of the system begins. at a cost
81 So. 0o0.0 900 to- SITE. 600. 200. Including the
Is per cent. bonus on the investment o;
the companies. therefore.
RcHoiCcd. That this meeting organize it.
self into a society to recap'ure the sub
ways. the purpose of which shsii be three
fold:
TO determine tho best methods OF serur-
Ing revenue FOR rCcapturing the suhways
and allied transit lines by utilizing the
principal Of assessment for benefit.
To secure legislation To terminate per
pe'usl franchises; aud
To secure - reduction Of r~arfa-cs on
those lines over which the Public Service
Commission Tin has such control.