New-York tribune., 1922-03-25
I. r. r. President Admits
Crowding VIII Increase
Until 1926; Car to Take
10000 More Annually
O'Brien Delays
Seizure Action
Estimate Board Attacked;
Quackenbush Expects
u Lease Modification

Frank Rediey. president Of the Inter
Borough Rapid Transit Company. saws
che congestion on the Interborough
system during the next four or five
years Is going TO be much worse than
It is now. He admits, too, that it il
had enough now.
Clarence j. Shearn, counsel tn The
Transit Commission, which for two
days has been investigating the Inter
borough service, by dint of hard oues-
Ho7ing ehcised from M, Hedley yes
terday that in the ilve-year plan the In
tsrborough is contemplating, each sub
way car, as an operating unit, which
TOW, according to computation, carries
$4,000 passengers in q year, will be
carrying 385,000 passengers in the full
year of 1926.
Mr. Hedley says this computation is
correct, but that since there will be
more short hauls the congestion will
rot be as marked as the increased fig
Tres would seem to Indicate.
O'Brien TO Delay Action
Corporation Counsel J. O'Brien. oi
f4cted by Mayor Hylan. forthwith"
a:d ''imm ediately'' to start proceedings
~hich viii result in the citv taking
over the interborough lines and op-
Grating them, said Yesterday that he
had received the Mayors instructions.
-'sHat what he w9s going to do. he
it'd tpat he would wait until Mr.. He'd
!eT's examination has been completed
hV The Transit Commission, and after
t?at he will begin carrying out the in
asruotlons. 1t will be another week
O." tNo before Mr.. Hedlcy is through
test;fying.
The Guaranty Trust Company took
TIE initial steps yesterday to ask for
Tie appointment Of receiver for the
New York and Queens County Railroad
Company, one of the Interboroughs
subsidiary lines in Queens,
The Board OF Estimate, after about
-cur years delay, appropriated $4,000
00Q yesterday for the building of the
Queens subway extension from the
Grand Central station 10 Eighth Ave
nue.
At the hearing of the Transit Com
9lission yesterday there was read into
tne record data with reference to the
failure OF the Board OF Estimate TO
appropriate funds for thirty-one
needed improvements and extensions
Snd undertakings ia connection with
transit developer ent
Lease Modification Expected
James L. Quackenbush, counsel for
tlle marlborough, said with reference
TO the modification Of the guaranteed
rental Of $4,000, 600, the payment of
which BY the Interborough to the Man
haitian Elevated company threatens n
Ieceivership for the Interborough, that
he expected that within the next week
the lnterborough will be able to effect
Ii modlticatlon of the lease rental. He
sad that Dwight Morrow, OF j. P. Nor
gan & Co, and George Wildwood Muir
ray counsel to the Manhattan stock
holders, of whom Alvin ". Krech is
cha rman, will be back from vacations
within the next few days and that
negotiations which it is understood
have been under way for week will
be brought to a conclusion when Mr..
Morrow and Mr.. Murray and the In
teroorough officials get together.
Sir. Hedley and Mr.. Quackenbush
made it fairly plain that unless the
Manhattan stockholders yield on the
rental guarantee q receivership for the
!nterborough will follow. Mr.. Hedley
said his companys credit is exhausted
and that il could not borrow $40"
Figures concerning the plans of the
tnterborough to carry more and more
passengers were brought out by Judge
sHearn in his examination of Presi-
tcontHuod en page SIX