Summary

Charles W. Raymond Transactions of the American Society of Civil Engineers…

New York City owes its position as the business metropolis of the country mainly to its magnificent harbor and the extensive waterfronts on its deep, wide rivers, which furnish unrivaled facilities, at a short distance from the sea, for foreign and domestic water-borne commerce, its foreign commerce being about half the total for the whole country. The water-transportation facilities of the port and its tributaries, therefore, have always been guarded with jealous care, not only by the local commercial interests but also by the General Government.
Source: Gutenberg

Charles W. Raymond Transactions of the American Society of Civil Engineers…

Every effort has been made to provide for this immense and rapidly increasing local passenger traffic, by the construction of surface, elevated, and subterranean railways; but the demand for transportation has increased much faster than the facilities can be provided, and it is evident that the limit of down-town passenger traffic facilities has been very nearly reached.
Apparently, the only remedy for these conditions is the movement of business and the people transacting it up-town or to the Boroughs of Brooklyn and Queens, which are now readily accessible by tunnels and subways.
Source: Gutenberg

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