Year: 1877

TIE PLANS AND INTENTIONS OF TIE THIRD


AVENUE RAILROAD CoAPANY--INvEsTIaA-


TIoNs MADE By THE coMPANY's PRESIDENT


DIRECTORS


IL having been stated that the President OF the Third
Avenue Railroad Company went to Europe in August
last to study the question o rapid transit In London
Paris and other leading cities, q reporter OF tho
HERALD yesterday called upon Mr. s. l.. Phillips, the
president OF tho road who mad just returned TO this
country, and had lengthy interview with him in re-
gard 10 the Intentions OF the company and the nvcs
legations he had made while abroad


Mr. Phillips stated that he went abroad for the mere
purpose OF ascertanng fully and thoroughly al that
could be learned in regard TO furnishing the people Of
the city Of New York with safe, cheap and rapid tran
SIT that the directors OF the Third Avenue Railroad
Company, unwilling to shut their eyes to the demands
OF the times and tho requirements OF the city,
mad instructed him before starting to investi-
gate everything connected with this question:
now regarded by them ali as the most i'm
portant TO our citizens He had only just
returned by the steamer Bothnia, and was busiy en-
gagged IN preparing his report be submitted shortly
TO tue Board OF Directors. II would take him several
days TO nish his report, which Is to be exhaustive as
bis company has determined to take advantage Of
every possible point that has been gathered on this
subject during investigation foreign countries
He intcpdcd TO submit several plans Inc considera


ton OF tho directors, but could not say which plan
would be most favored He stated, however, that the
Third avenue Railroad Company, not only now, but
especially alter his report had been considered and
digcsed would be IN dead earnest on TINS important
subject Whatever they did, judging by the points he
had 10 submit, would be as substantial and thorough
as the underground railway Of London. The company
would at the same time furnish cheap transportation-
than 1vc cents Tor passengcTs-an
object he regarded OF the first importance
TO the working classes OF New York, who then could
move up and down from aud TO the upper part of tho
island quickly as thoy do in London and as cheapy
they now do on tho horse So far as to the IN
terests represented BY tho working classes, and he
added that lar Us the properly owners were con-
cerned, his nvestigaons abroad led HIM TO state
pbatically thut sale and good rapid transit road
could be built without Injury to property owners In
act Whatever road would be built by the Company
would meet with universal appreciation. In his inves
In any other place he had visited did an s!evated
road exist as understood by our people. When main
line oil steam railroad entered CITY II was OF solid
brlckw0rk and masonry built not along the streets
similar 10 tho New York Central road between Tooth
and l0th streets He also considered the underground
railway Of London as bearing close resem
bance to any ordinary railroad tunnel, with breaks
the double purpose OF stations and ventilation. Know
ing interest his directors took all that pertanod
to this question, he had not only visited England, but
also France aud Belgium, studied carefully not only
the actual construction OF The various modes OF rapid
transit, but also their varied management Tor the
benefit oil the people and the stockholders and hence
had taken copous notes, made numerous diagrams
collected O interesting matter, all OF which
OF the Board OF Directors shortly 10 ba held to
slider the report, on which he was now buslly
gagged or course, he could not tell the exact scheme
the directors would Select but o thing ho could
the public. that IT would be plan involving
loss to property owners and no high fares for tho