Dual System of Rapid Transit for New York City (Classic Reprint)

Download or read book Dual System of Rapid Transit for New York City (Classic Reprint) written by New York Public Service Commision and published by Forgotten Books. This book was released on 2018-02-07 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Dual System of Rapid Transit for New York City It is true that the courts later decided against the Comptroller and the appropriation was subsequently authorized, but the ensuing litigation consumed more than a year and postponed the beginning of work on the Fourth Avenue Subway from May, 1908, until November, 1909. The fact that the City's financial officer had to appeal to the courts to determine whether the debt limit restriction would permit an appropriation of showed that the City had so closely approached the debt limit that, even with the normal increase in real estate values each year, it could not hope to expand the margin sufficiently within the time necessary to build such rapid transit lines as the necessities of the situation demanded. Two courses to re lieve the situation were open to the Commission. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.