The New York herald., 1922-06-20
STATEN ISLAND TUBE
MAY NOW BE BUILT
Fawcett Ends Injunction, Civ
ing City Right to Go Ahead
With Plan.
CAR LINE INCOME SCARS
Brooklyn City Co., Separated
From B. r. T., Makes Gain
of S2,000,00O.

Supreme Court Justice Fswcett In
Brooklyn yesterday refused to continue
pending trial a temporary injunction OBJ
tanned by William J. Schieffelin as prest-
dent OF the Citizens Union staying the
city from going ahead with its plans for
a Brooklyn-Staten Island passenger and
freight tunnel.
The tunnel project was attacked by
Mr.. schiefelin on the ground that it was
impractieabie and waste OF the city's
money The law authorizing it was de-
clared to be unconstitutional.
Justice Fawcett said that the courts
judgment should not be substituted for
that OF the Board OF Estimte. He added:
The court would not be warranted on
the showing here made In holding UP an
improvement, the need for which was
recognized by the Legislature in 1921"
The city may now proceed with tho
work The temporary injunction issued
last May 10 prevented the use of $780,
600 TO be raised by the sale OF corporate
stock for the beginning OF the improve
ment.
Brooklyn Line PrOspers.
Surprising Improvement in the finan-
cial condition of the Brooklyn City Rail-
road Company was noted when the
Transit Commission yesterday resumed
it's inquiry into service and equipment
conditions on that system of surface
lines.
Harry J. Fischer, one OF the commits
sion's statisticians. presented figures
taken from the companys official re-
ports which proved its affairs steadily
Frightening. His data showed that for
the ten months ended April so. 1922. the
company's net corporate income had in-
creased over that Of the corresponding
period of a year ago S2.105,o36.5s. The
figure for the ten months showed an if,-
come of $1,37S,06158. One year ago
during this period the company suffered
a deficit of s726.974.95-
Similar gains were noted In passen-
ger revenue to the extent Of S1.137, ,127.40.
the 1922 period showing s9,5S3.9S7.36
and the 1921 period $S,446.s59.96. OPP
Grating expenses meanwhile had de-
creased. according to Mr.. Fischer. to the
extent of $1.270.O39.99, the 1922 period
costing the company s7,o17.S12.42, as
against $S.2S7,352.41 in the same period
of 1921.
BrOOkIyn's Guessing Game.
The Brooklyn City system comprises
about so per cent. of the surface lines
of Brooklyn formerly included in the
surface combination of the b. r. +.
When that system went into the hands
of receiver a court order voded the
lease and the Brooklyn City lines re-
verted to and since have been operated
| by their stockholders.
! Clinton Il. Morgan. general manager
of the Brooklyn City Railroad. described
yesterday the furnishing of transporta-
/ tion to the public as a problem of fol-
lowing them around or outguessing
them" Local conditions made changes
In schedules constantly necessary. he
said.
The hearing will be resumed on July
26 at IL A. NJ
The commission closed its hearing on
valuation of the properties OF the Mahs
haitian Railway Company. owner of the
elevated lines operated under lease by
the Interborough Rapid Transit Com
pany. Sigfried Cederstrom. real estate
expert. placed upon the company's
non-operative property a valuation OF
$5.061,341.
A s25,OOO,OOO Variance.
The Manhattan company's asking
price of about 500. 900, 900. as compared
with the valuation OF about S55.000.000
tentatively proposed by the commission.
contains a s2o,000,000 item asking reim-
bursement for incorporating property
such as Mr.. Cederstrom had appraised.
abandoned property and easements. The
commissions valuation does not include
these items, so that the sum actually at
variance is approximately S25.000,0 900.
| The commission sent Corporation
Counsel John II. O'Brien the report OF
an audit made by its chief accountant at
Mr.. O'Brien's request. setting forth the
expenses of the Brooklyn Rapid Transit
system Incidental to the strike Of 1920.
The audit covers the period from August
20, 1920. to March 81. 1922.
The expenditures on account of the
strike amounted to S2.4s3, ,4S34S. Tho
payments TO the eleven strike breaking
agencies amounted to $1.577.153.12, or
eS.5 per cent. of the expenses.