New-York tribune., 1922-12-16
liked to Death by
|avlan and O'Brien
|,erting Of Receiyership
Il svI.R.T.LeavesIt 1t Only
Iukewarm to Project


-...,, connIssion's one-big-
a., ISs ,',a.s Si.s for Snifyins all New
p's -. transit lines, sponsored by
.''..'., y. .''' rissr and favored year
4. ~ IN shs psrtiss in interest, is
"a ~,th sim hope Of resuseitatiOn.
.'vo main causes have contributed to
i. lilliss Of the plan. the FIRST being
=, s,pssiiion Of the B. r. T.. which
4 4 20 sell out Of the financial
Z, that Il prefers to forego the
,,sed pooling.
4, second IL the unfriendly politi-
4 ,.rosphere created by the election
4 c,vsmor Smith, thus reinforcing
I nssn hostility of the Board Of
-,.. to the unihcation proposal.
\, tIsment Of time has been an i'm
nrt actor. When Governor Miller
.ked the plan, on January "a. 1921,
4 n,ssage to the Legislature, he
4 N problem was a state one, and
4 fs,,nmended a unified system, mu-
E,,sl srnership and private opera
n she local lines. Governor Smith
4 s.,rpreted the result Of the cleo
"a population Of the Miller pro-
'n
RR T. Attitude Changed
e.vrnor Miller's plan offered a way
1 1, she financially distressed COM
= The 3. r. T. at that time was
4 .-fssnd,y 10 il. Now the b. r. T.,
80 ofieislly saying so to the
~ Commission, Is hostile to the
,..,h.rmore the B. r. T. is confident
,,.v,rinK heavily in It's two actions
I'd the city, in which II claims
,r,s In the aggregate Of about
4 6oo 900 for the city's failure TO
tbe proposed Nassau Street sub
,rd re elevated section In Brook
~ The Fourteenth Street-Eastern
|.res llne. the company contending
4 these sections II completed under
!, contract would have increased
'rz,ly its annual earnings.
me Transit Commissioners believe
lat the city ha, neglected its oppor-
|unlty 10 unlly me companies while
khsy could be unihed, With n universal
4 cant fare under muHicipal owner
hlp With the changed attitude Of
tks B. r. 7. s1d The hostility OF City
Ban rsinforfd By Albany, the Tr@rTt
rsmmissioners see no prospect Of con-
.,uetiVs action looking TO the pro
.uid uni6cation.
4 4 Is understood that the Inter
ngh, while not hostile, is lnkewarm
~ The unifcation idea, since the
u.nent Of its relations with the
ff..in Elevated has resulted In
4 kfu fixed annual charges.
lltsS TO Death by Hylan
4, q the Transit Commissioners,
rsruang last night on the wan
Arss Of the unifcation plan,
~ tisy has missed its chance.
+ nsn months ago all Of the com
Il vsre for the scheme. Now the
lL Is against Il. In addition TO
ist Il the continued opposition
q y Beard Of Estimate, which is
to support the Mayors impos-
SCALED plan, and the prospect
q Early reorganization Of the
BIZ Commission, as promised by
Nsrti-slecs Smith In the campaign.
J histslion plan Is the only one,
n diy's straitened financial cir
Ir,sI, that will work, but be-
- Hylsn and O'Brien II has been
hi 70 death, and It looks now as II
l.snee 70 bring about an ideal
sam Of the great problem had
~ never 10 return"
4 ne the B. r. T. is neafer than
+ , being out Of the woods, it will
~ is receiver, Judge Garrison,
iifly IN the spring, 1t was
~ yesterday.
" 7. Recelvership Averted
.ss of 546s05 Of the 100000
|NEe q he Manhattan Railway Com
n ,us deposited their shares with
~ lrihsls Trust Company under
MssItnent suggested by Judge
b,yer Of the United States
i gssrt The extraordinary re-
III (, he bondholders. note and
~, a'fi Of the Manhattan COM
= nsultsd in preventing a re-
| { En,,. ~ the Interborough and
s,4 fear in that regard. II
w. eat the pending applica-
p,nsr's ndge Mayer for the ap-
iilt =, receiver, made more
sisih,, e .,es y by an Interborough
nns,,t disposed Of finally
IL a. bs..'ag date in January.
III 4, n't-Manhattan adjust
N gDSs, y \ ~ ~ been adopted and
& = u ~ y. sllysment attained with
!! y..s.,, 4 Z l.drs Mayors repeated
y. I tAsre was any any vgS way to