. Proposed new railway system for the transportation and distribution of freight by improved methods in the city and port of New York . ut not for freight purposes; that the leadingcommercial interests of the community are seeking a solution that will retain to thecity its supremacy as the leading port of the country; that the general public will bemost benefited by a method that will relieve the streets of vehicular traffic; that the17 water and rail carriers will support a treatment of the subject that will expedite andcheapen the distribution of freight; and that the proper solution appears


. Proposed new railway system for the transportation and distribution of freight by improved methods in the city and port of New York . ut not for freight purposes; that the leadingcommercial interests of the community are seeking a solution that will retain to thecity its supremacy as the leading port of the country; that the general public will bemost benefited by a method that will relieve the streets of vehicular traffic; that the17 water and rail carriers will support a treatment of the subject that will expedite andcheapen the distribution of freight; and that the proper solution appears to lie in theadoption of an electrically operated cartage subway system beneath the sidewalks ofthe business districts of Manhattan, connected by high speed routes with the principalrail and water carriers of the Port. With suitable arrangements for harmonizing the various interests in New Yorkand New Jersey, the suggested solution is believed to have sufficient merit to invitethe investment of private capital under terms alike attractive to the investor and Broadway, New York, September 16, 1908. IS EXHIBITS.


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