The evening world. Newspaper, December 22, 1910, Page 4

~ to 4) $610,000, 000 1S STAKE FOR INTERBOROUGH IN MONOPOLY OF SBMA a vo Strenuous Fight Is for Assured’ Profit of at Least 25 Per Cent. |: wld | Mears of Contract. SUBWAY GRAB IS HELD UP ‘The original investment of the Interborongh Rapid Tras pany in the present subway was $35,000,000, which now earns 23 per cent. When the station platform extensions are completed the Inter- borough will earn 25 per cent. ‘This 25 per cent. means that every four years the Interborough will get its money back. In sixty-eight ye Femaining life of ite present subway contract with the city of Mew York—the corpora- tion will GET ITS MONZY BACK SEVENTEEN TIMES, OR A TOTAL PROFIT OF $600,000,000. ‘Under the Interborongh offer which the Public Service Commizsion has accepted this hnge estimated net profit of the future is protected, for all rivals are shut out and a new contract for forty-nine years drawn up to run “from the date of the completion of the extensions.” In cight years the profits of the present subway and the “ZL” roads will be suMicient to reimburse thi Row offers to put into the proposed extensio: borough will have the absOlute monopoly of a: the largest city in the country, with its constantly grow! for the $75,000,000 it Besides, the Inter- | vestm ‘ ‘THE EVENING WORLD, THURSDAY, DECEMBER 22, 1910. _ ent of quite » mort remarkable return ever arranged for | by kar nolse of the engines, oe up. | Mrs. Row » told lim @ policeman | and already - HERO NEAR DEATH +, SAVING OLD MAN the F Will give the Intor- hat was the old 000,000 of —— fer granting franc Paralytic Down Hture of this very $76 the Inter millie 000,000 b r ing the srough will CLINGS TO HIS BURDE {Scorched * and have to divide its profits of the future. - When Comrade Stumbles Across Him.* paralytte ety-second lock this morning and ears old and AR NWO WEEKS BY BOARD : Page.) ing of the Kast tinued from First and her ton the ground whieh th itisfled the « Her, a diamond aililay OF thi the modifications they have in | + long he} mint are wo radical ax to affect the paralysis, slept on the sn | Vitals of the Interborough offer “If the Public Service Commis- sioners mean to abandon the inde- pendent system of subways to which they have been committed for a long time why don't thoy basement of the house. alarm and then tried to front door. It was too In fighting to throttle competition and fasten monopoly upon the city | Yess aca say 0? If they want to accept | {108 for hm and fein ened of New York the Interborough Rapid Transit Company, with the assistance | After an int ae PAG Ca ge aon atte be pe This awoke drs. Bosenbaune of the Public Service Commission, is defending an assured profit of neariy | 6 deanoun tor thay Gousinnicns 648 Goes to Save Ol Man. $600,000,000 to the traction ring in the life of its present contract with| Ma reated con t question on which they have spent Several citizens ¢ ame up ¢ thle the city. In the event of real competition the Interborough would be! forced to divide this huge sum, assuredly to the benefit of the miilion who now ride in a sling instead of a seat. : PRESENT CONTRACT EXPIRES 1979. \ ‘The investment of the Interborough in the present subway Is Feprerented by Its capital cut par. With the 25-year renewal el cised this remariable contract grantea by the old Rapid Transit Commission has sixty-eight years yet to run, expiring in 1979. , Por the year 1910 the Intorbcrough, according to its bookkeeping — ‘Mr. fhonts keeps these fxures in a little red book, which he carries in his inside coat pocket —will earn 23 per cent. on its original investment, The Subway ix now carrying 1,100,000 passengers a day, but with the 20 per cent. fn maximum jamming capacity afforded by the lengthening of the station plat- forms this can be forced to « new jamming maximum of 1,320,000. In view of the rapidly nearing completion of the station platform exten- ions, estimating future profits upon this increased capacity not ut all unfairly @ Interboroug! is as follows As the present subway, with Its 1,100,000 passengers a day (600,000 of whom hang from straps), and the greatly increased capacity of the “L” roads, can earn 28 per cent. for 1910, It Is quite clear that the Inter- borough already hold» @ monopoly capitalized against the public under Which this corporation, between 1911 and 1979, with a maximum capace ity of 1,820,000 in the subway and a maximum “L” roads capacity pot yet attained, can at least worry out @ modest proft of 25 per cent. on the original investment. ENTIRE MONEY BACK EVERY FOUR YEARS. Twenty-five per cent. profit on an investment is one-fourth of the money Put into the proposition. In short, 26 per cent. means that every four yoars | the investor gets his money back. As the present subway contract runs for| sixty-eight years—the length of the “L” roads’ franchises need not be consid- ered, as they are for 999 years, or in perpetulty—it will be seen that the Inter- Dorough is fighting to maintain a monopoly which represents a return of its original investment seventeen times, ig 15 figures this moans 8 pront of nearly $60,000,000 upon an ortginal in| “As KNIFEDIN SCHOOL, | TEN-YEAR OLD BOY HIDES hlS WOUND: If the poll @red and Thirty-fitth stre tended to arrest an atic Mr. tonal the be station In- o-day for the Max Richtman Hundred and Thirty- fifth street they was not until porter went Behool No. 143, stabbed y¢ + taken. Max is rday, t pad from | Mrw. Hixeiy brose ehap of No. 3 Rast One Wundred and Thirty-netn street and iy a ov f (he same Send a Case he ran «& Home to Me ia w Today home. He sen: back t accompanied him in the back,’ he Was taxed with the! t got no knife, I never | cipal. “He bas already wt the Catholic Pr ote ory for truancy Principal Marx Me would cause youns Considine’s airen, t «Mr. Mit Mitchel # admitted that his micd was stil! by the the Whole with the Prenderga:: months and months of time and spent hundreds of thousands of dollars? I belleve their communi- ention was sent over to us largely for tactical reasons—to draw us ont, to find where we stand.” Mr, MeAneny reiterated that th er attack and it gave way Ag a child by | vel to Mitohel' 1d and Mr on'# communication promptly | it as ay , the conside Moan €1 to the educa-| board should get right down to th th value of his proposition and Mr.) consideration of Interborough offer | When she had recovered her breath 1 he thougnt the members.of rence to tactics, But t her father, unable vard it to have thelr minds! fst upon his . asleep in the up > the board as a com: |* pAneny 5 % rushed into the He found aged man asi , rolling bim @ blanket, started downstairs By this time the flames had e. from the basement into the gr hallway and lcked off some of the ‘| policeman’s halr as he hurried through with his burdea, yas booking information and is rather indelicate for a mittee to urge the uestion to that com- mmimittes wit would call Mr construction of bewildered iy. he waiked ected Mayor's Wishes, after Mr. oke and every ¢ Mitchell bad his Mayor eps. found himself against a heard to say that he favored ret- shibnte © the subject to the transit Held On to Burden. Ip to tie commission and the matter was dis) Outside Policeman Murpiy, attracted “A. of ¢ ‘Transit Commission of the board | would with | te, elven. gh President Cromwell of Rich- McAneny sald 1 otion, He the I rd Mitchel and Mr spokenly in favol ent sub tied him- to the t Richmond Bor- left out of the pla as announced ing up a fighy moot giving Man- poklyn and ns self as In favor of “Fl way ext ns by nf the Board Rejects Grab. a," said Mr. a member of the bo: Merry Xmas and Happy New Year No Christmas or New Year's dinner is quite complete without Pabst BlueRibbon Ai as an appetizer and aid to digestion. "Policeman Demling, Carrying |’ Blazing | Stair, Loses Way. | | Caroms to Si Ruins New Smothering ‘ jad rescued Jacob Adler, met to the street with n Demling was standing at | * enue when he saw smoke come | was sor | ——— MOTOR TRUCK RUNS AMUCK, SMASHES STORE WINDOW. Against * Road Pillar, valk and $ Stand. Bounces Bh nin then 4 haat rrow escap « into the Int clothing 10 GE IS BENEFICIAL EFFECTS “ALWAYS BUV THE GENUINE — Syupefigs| AND EUXIReSENMA MANUFACTURED BV THE (Gurrorna ficSveup @ SOLD BY ALL LEADING ORUGGISTS :| oe SIZE ONLY, 50*A BOTTLE ir night old In the A Xmas Gift FOR THE FAMILY. BRADBURY PIANO Goan ‘and hear a Bradbury Player AND GEY A FREE MUSIC BOOK Bradbury Player Pianos Webster Player Pianos Henning Player Pianos TERMS TO SUIT. Meuels, stool, cover and 12 roll masta, F. G. SMITH,* Mfr. 142 Fifth Avenue, N Y. City. ‘OPEN HV W. L. DOUGLAS | $3.50 SHOES 53 MEN | Atrialwilleon ince euthat W.L.Doug- Ih $3.50 shoes are thebestin the world. Gtoras in Greater Now York * Oh, Ma ama! —don't ted to lay in a stock of CASCARETS with your Xmas purchases. It 1s tho world’s best sandy medicine for littl folks and big folka during Xmas_ week, SCARETS will Keep tho tots on ‘and happy—don't overlook the grownups. They are all bound to overeat and stuff—so be ready | with a Cascaret at bed time, i] Buy a 10¢ box CASCARETS—week's treatweot—and have it haudy to use every night, Xmas weuk. rrrrrrerrrrrrrrrrrrrrrewe, , 's Enough for a Telephone Call to Brooklyn. Lamberts Have EVERYTHING for Belated Jewelry Purchasers The time between now and Christmas is too short for much talk. Let us get right to the point for the benefit of all who have not yet made up their mitids what they are going to buy as Christmas gifts of gold and diamond jewelry, watches or silverware. With two buying days between now and Christmas, and with the Lambert Store—easily reached from_any part of town—open every evening, THERE IS PLENTY OF TIME. Time to satisfy yourself and to delight others with the best made, most artistically designed, MOST REASONABLY PRICED DIAMOND AND "GOLD JEWELRY AND WATCHES iN THIS CITY, and this statement is rnade in the light of knowledge and with the fullest sense of responsibility. Lamberts make a large part of their own bright stock, and that is one reason why their prices are so low. But no matter who makes any article they offer, Lambert's POSITIVELY, EMPHATICALLY GUARANTEE IT. = Neither exaggeration nor suppression of fact is tolerated here. The plain truth is the best argument for any. piece of Lambert Jewelry. YOU SAVE ON EVERYTHING YOU BUY OF LAMBERTS, AND YOUR PROTECTION AGAINST DISAPPOINTMENT IS COMPLETE. A large sales-force and a perfected organization enable us to give prompt attention to every Customer, even in the last hours of buying before Christmas. s Diamond Facts That Convince The time to buy Diamonds is now and the place to buy them is Lamberts, where every diamond you see is a direct importation, ) importer es only. Every diamond is mounted in our nd backing our guarantees of quality is the reputation we I been ‘building up for a generation. We offer the best diamond values in New York. Call in the morning, the best time to examine diamonds and SEE WHAT CONVINCING FACTS OUR WORDS STAND FOR. Brilliant Solis Fine diamond; ‘1 ; me aeons ae be <d« A great diamon in hand-made taire for hand-made | ogre mounting of solid $25 00 mounting, 14-karat gold, : $50.00 $75.00 $100.00 Eleven Fine Dia- monds; solid 18- karat gold hand- $135.00 $250.00 A Christmas Watch from Lamberts is certain to be the best of its class. We guarantee it both as to case and works. We know that it n perfect order when we sell it. United States Assay Otflice reports 4 gold ery ti ches as complete now as when $25.00 y Lady's solid t4-karat gold, engine turned watch; Elgin, Waltham, Ham pois ge teow aN P'liunting case, engraved with flowers; SENS OE RES MOEA | Waltham, Elgin or Lambert works, $16.50 $25.00 Lady's watch, soli 14-karat gold, Lambert Economy Shown in Sleeve Links solid Gold Sleeve Links for the man who likes to be well dressed, At other stores where the burden of the middlemen’s profit is heavy, these links would be away above the Lambert prices. But see how we save you money; Fancy chased, | 1 14-karat old, rose fin- q Solid 14-karat gold, polished, raised centre ish; a pair, for mono- pram: a pair, $3.50 $8.50 Solid Gold Sleeve Links in other patterns $1.50 a pair up. | AllLambert Jewelry is Guaranteed. All Lambert Diamonds are mounted ‘n our Factory on the same Premises with our store. All lines of the Great Lambert Stock of Diamond and Gold Jewelry, fine Solid Gold Watches, Gold filled and Sterling Silver Watches are as complete Now, Two Days from Christmas Eve, as they were when! the gitt-buying season began.| Gold presents for men—handy remembrances for every day use—pocket companions to bring pleasant thoughts of the giver, For examples, Pencils, Keyrings, Knives, Match Safes, Cigar Cutters, Cigarette Holders, | Prices in this department are as low as Two Dollars, Rose finish solid 14-1 t gold cigar cutter; ‘$9, 75) iro THERS Store Open Every Evening to and Including Xmas Eve, “