Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1924-10-02

Chamber OF Commerce, It would
seem that it is up to the civic bodies
to work in the interests OF the
bridges and If this is a fact, the news
~ organized Chamber of Commerce
here has its first work already n1ap-
per out for it. Other speakers at the
meeting we're State Senator Arthur
N. Pierson and Assemblyman Her
bert J. Pascoe of Union county.
Mr.. Van Buskirk began his talk
by giving a short history OF the
New York Port Authority and how
it was created. According to Mr..
Van Buskirk, the Port Authority
was formed IN 1894 when the frn<
treaty was made between New Jer-
sey and New York. It's purpose was
and TO open water frontage to
higher commercial use.
The Staten Island bridges are
not a part of the comprehensive
plan." said Mr.. Van Buskirk. s.but
have been imposed on the Port An
thority by the urgency of providing
short hauls for freight to the port
district. as transportation BY motor
trucks Is less expensive ana requires
less handling than by rzliiroads. II
is important TO create better high
ways around the flarbor as we an
ticipate that within ten years there
will be little use of railroads for
carrying freight between New York.
Philadelphia and Intermediates
points"
Mr.. Van Buskirk also pointed out
that third bridge Is being proposed
between New Jersey and Staten Is-
land. which win be located at Bay
onne.
Within short time Mr.. Van Bus
kirk informed the Elizabeth Cham
Der of Commerce that a conferences
would be called between the bridge|
committee of Elizabeth and New
York to decide upon q location fer
the bridge. He said that by january
1 it is hoped to lay before the legiA-s
lature recommendation as to the
kind of bridge. It's location and
estimated cost.
centigsling a.r- Van 3 -ze~sa.e,.~.>ll
ed out that the legislature has not
appropriated money TO build tbs
bridge, but the Port Authority can
issue tax exempt bonds. although Il
is essential to have the state agree
to make up any deficiency IN caAz
the tells fall short of the amount
required for interest and am0rtizs-
tion charges.
Mr.. VanBuskirk then gave figisrez
showing that last year 22s.5sB VEN
icles' and 1,17S.000 persons used the
Elizabeth ferry while the total reee-
nue. for the ferries at Perth Ambox,
Carteret and Elizabeth was sL2s1.-
005.
That revenue" he added. tzwould
xr~rr NJ 4s.x.
000,00 as it is estimated that an
nual sinking fund and maintenance
charges for the bridges would
amount to eight per cent. 1t S
fair 10 assume that the bridges Will
attract a larger volume of trafSe
than the ferries so it would be safe
for the state to issue TO purchasers
of bonds a guarantee to provide for
any DEFICIENCIES occurring during the
first few years.
IF it should be found to be un-
constitutional for the state TO give
such a pledge, it still would be pos
sible for the Port Authority to 20
ahead with the bridges provided It
had the cooperation OF organizations
like the one represented here to-
night in issuing bonds against the
future revenue of the bridges.
THE Chamber Of Commerce and
similar organizations might get the
banking interests to say they would
take eny bonds that are not sold di-
rectly to the public" said the
speaker.
Mr.. Van Buskirk then appealed to
the Elizabeth Chamber OF Com
merce to consider the matter. be-
cause If those who are In back OF
the movement 10 construct the
bridges. really want them built. they
must either support a proposition OF
that sort or get the Legislators to
guarantee interest and sinking fund
charges for the bond issue.
Following Mr.. Van Bushirkss an
peal before the Elizabeth body. Sem
ator Pierson and Assemblyman
Pascoe declared they would work
in behalf of the necessary measures
at the forthcoming session OF the
legislature.
Although Mr.. Van Buskirk was
speaking before the Elizabeth body.
he was talking of both the bridges
proposed between this city ana Tot
tenville and Elizabeth and Howiand
Point and from those VINO attended
the meeting It was evident that If
the bridges are to become q realty
civic organizations and Chambers OF
Commerce in each nunicipaIily
must work along the lines mapped
out in Mr.. Van Buskirk's appeal.
At the Tottenville Office OF the
Port Authority today it was said thaf
work is progressing rapidly on the
map now being drawn for the bridge
between this city and Toftenyilia.
The map win show the Perth Avoboy
approach to the bridge st Bruck
avenue.