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Rosoff May Build Subway and Water Works in Moscow

January 9, 1929
See Original Daily Bulletin From This Date

An American Jew, who, when a boy of twelve, was brought to the United States from Minsk by his widowed mother, may construct a subway and waterworks system for the Russian capital, involving an investment of $175,000,000.

A delegation, headed by Mezluk, vice-president of the Supreme Council on National Economy of the Soviet Government, arrived in New York yesterday to start negotiations with Samuel R. Rosoff, New York subway builder and owner of the Delaware & Northern Railway. Mr. Rosoff confirmed the report of the negotiations, but stated that before making a decision he would proceed to Moscow within the next six weeks to determine the city’s needs with regard to transportation and water supply. The project has already been discussed by Mr. Rosoff with the representatives of the Amtorg Trading Corporation of New York, the Soviet commercial agency in the United States.

The subway project would involve an investment of $75,000,000 while the water works system would require the outlay of $100,000,000. Plans for financing these enterprises were not yet crystalized, he said. It is possible that the two enterprises will require a total of $250,000,000, it was stated.

Mr. Rosoff, who is forty-five years old, was born in Minsk, White Russia. On arriving in the United States he was a newsboy on the streets of New York.

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