Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1916-01-25
TUNNEL
IS A NECESSITY,
SAYS P. S. HEAD
New Jersey Real Estate Men
Hear T. N. Mccarter on
State Prosperity.
BRISBANE ALSO TALKS OF
CHANCES FOR INVESTORS
Refers to Preparedness-Says
Asbury Park Has 117 Whis-
key Sales Places.

New Jersey was lauded both as place
Of residence and as center of busi-
ness at the first annual dinner of the
Real Estate Board of New Jersey
Chamber of Commerce at the Wash
ington restaurant last night 1t was
. gathering of optimists and all of
the speakers boosted New Jersey.
About 300 persons, representing every
section of the State, were present
feature of the dinner WAS the re-
view of New Jersey conditions by
Thomas N. McCarter, president of the
Public Service Corporation He de-
clared this State to be an ideal loca-
ton for industries. He advocated the
construction of more tunnels as the
best method of evihcular Transporter
ton between New Jersey and New
York city.
Mr.. McCarter said the Public Serv-
ice Corporation was at times the on
1ect of unfair criticism. He explained
that the corporation merely asks a
TAR return ON its investments and
1t should not be harassed on the uues-
ton of trolley fares and other rates as
the officials were striving to reach an
The public and the company. He also
touched on the great increase in pros
perity I'm this city and quoted as proof
the increase in taXables
1t was Intended that after the dinner
the members of the Real Estate Board
would hold a convention and discuss
the future of the real estate of New
Jersey, but when the speaking ended.
the hour of midnight had passed. and
Charles T. II. johnson, of Passaic. the
toastmaster, announced that the meet
ing would have to be foregone. An
other dinner will be held some time In
April or May. but the place and the
exact date have not yet been fixed.
Talked of Preparedness.
Among the speakers was Arthur
Brisbane, who. in addition to being
the editorial director of the Hearst
newspapers. appeared before the
diners as the owner of large tracts of
Now Jersey real estate. lie talked
preparedness, prohibition and anti
prohibition. He also said he had q
list of III places in Asbury Park
where he could get whisky.
Mr.. Brisbane added "The farm
| lands of New Jersey are going to be
appreciated as soon as people know
them" he said. THE apples in my
orchards in Farmingdale are Just as
good as any grown in the Hood River
district. | am trying to demonstrate
what can be done with the farms in
Monmouth county. 1t is just as good
as any land in the United States, and
l have 5000 acres of il"
Other speakers were Henry Crofut
White chairman of the state com,
mission for conservation and develop
ment: Edwin O., Bell, real estate edi.
tor of the New York Herald and
]. Thompson Baker, of Wildwood.
Mr. McCarter, in his address, told
of a wonderful growth of the State in
twenty-five years.
"But we have no monopoly OF de-
velopment," said MIR. McCarter. "All
the neighbors of New York have kept
pace and have outstripped us
Mr.. McCarter urged that as soon as
possible a vehcular tunnel under the
Hudson is to be constructed.
THE day of ferry transportation in
competition with the bridge has gone
by" said the speaker; the motor
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