Cortlandt Street Station
is now 25 min. This may be reduced to about 18 min. by the use of the
Hudson Company's tunnels, and while this involves inconvenience in
changing transportation at Jersey City, yet it brings the traveler three
blocks nearer Broadway. The time from Newark to the Pennsylvania Station
will be about 17 min., and the trip will be made without change of
transportation, so that, undoubtedly, by far the greater part of the
Pennsylvania's passenger traffic desiring to reach the shopping and
hotel center of the city will go to the new up-town station.

The effect of the Tunnel Extension in increasing the volume and rapidity
of the up-town movement and the real estate values will be very great;
indeed, its influence is already apparent, although the line is not yet
opened for traffic. With the extension of the present subway down town
on the west side with direct connections to Brooklyn, and up town from
42d Street to the Bronx, with connections to permit convenient transfers
between these two straightaway subways--one on the east side and the
other on the west side of Manhattan--the Pennsylvania Station will
become a great center for receiving and distributing passenger traffic
between all the Boroughs of the City and outlying points. The new post
office to be established adjacent to the Terminal Station will also
greatly assist in accelerating the up-town movement.

In concluding this account of the New York Tunnel Extension project, the
writer desires to pay a tribute of admiration and respect to the memory
of the late A. J. Cassatt, President of the Pennsylvania Railroad
Company, to whom the conception, design, and execution of the project
are mainly due. His education and experience as a civil engineer, his
thorough knowledge of all the details of railroad construction,
operation, and management, gained by long and varied service, the
directness, clearness, and strength of his mind, and his great executive
ability, placed him at the head of the railroad men of the country. In
the consideration of great problems, whether of transportation, finance,
commerce, or political economy, he was almost unequaled, owing to the
breadth, originality, and decisiveness of his character; yet his manner
to his subordinates was so direct and simple that he seemed unconscious
of his own superiority. Great as it is, the New York plan of improvement
is only one item in a far-reaching scheme of development which became
t