The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1876-11-28

north side of the river, and the amalgamation
of those on the south side Is nearly accom-
plished.
In the report of the Boston Gas Commission
err, Just issued, we lind the following recon-
mendatlOn;
"We advise, most decidedly, against the ad-
mission of another private gas corporation
within the limits of Boston to compete in the
sale of gas WIN the existing Companies AZ
beng disadvantageous to the pubic genor-
ally"
Among other advantages accruing from the
adoption OF this wise policy London, Liverpool
aud Parls are now supplied with the cheapest
gas IN the worlt, anG this result has con-
vlnced the English Legislature aud the con-
sumcr5 themselves that competition III the
supply of gas is a mist ken policy, because,
While it involves needless waste of capital
and cOrrespOnding loss Of profits to the Com
panies, it occasions both loss and serious M
convenience to the public by preventing any
permanent reduction in price, and occasions
the unnecessary bl eaking up OF the streets a2d
payements in consequence Of he mains oil TWO
or more Companies occupying the same thor
oughfare.
This frequent di turbance Of the streets is
due not only to the ordinary work of the 0lner-
ent Companies, but also TO the necessity IN case
of leaks Of uncovering all the mains to ascer-
tam from which the escape takes place.
Hat the Cincinnati Gas Company made DO
effort to improve or enlarge their works, OI
extend their mains SO as to accommodate all
sections Of the city, or If the price charged was
higher than that charged by other Companies
similarly situated, there mis shG be some snow
OF reason for adopting such course as the
only remedy left, But seeing that the price
agreed upon is comparatively lower Than tnat
of any other city il the United states; that
they have never failed to furnish fun supply
of the very best quality OF gas to all portions
OF the cICy; thai they have expended large
sums in the construction Of one Of the finest
and best-arranged works in this country tnab
the management is without fault or DlemlsD,
3 fIn tTs..r Of tNtiV 4.
coull not but be regarded as wholly without
reason
l believe enough has been said to Demon
Strate that 1T is not through competition
cheaper gas can be secured, but rather Dy
encouraging and protecting the interests of a
single Company, 50 long as tnat Company
shows a disposition to furnish gas at the low
est posslDe figure consistent with fair and
reasonable return upon it's investment.
THE CINCINNATI GAS-LIGHT AND COKE COMPANY
Is simply a local manufacturing Company,
owned and operated by the citizens OF Clnclu-
matt, and largely in the interests OF This city,
TO the growth and prosperity of which 1t mas
contributed as much as any other one cause,
and for this reason is entitled to the ald, en-
COuragement and protection of the city, ana 10
be treated with just, fair and liberal consider
alton.
In response to the application Of former
Committee Of Council, the Directors OF this
Company assented to a reduction III the prize
we are now authorized to charge, and IN re-
turn asked only that the price be liked Tor
term OF ten years, in order that we might avail
ourselves Of IL reasonable foresight in provid-
ing, under this reduction, for improvements
and extensions necessary to meet the new con-
ditions
1t is well established fact that the Cincin-
natl Gas Company is one OF the most ecohom-
lcaIly managed institutions Oh ChI kihu IN LliS
country. NO better results are oDtalneu any
where. IL Is not therefore uhIeAsondoiv W
ask that price 0e hNei WhlCll VIII ylelu W
our citizens lalr anu reasonable return on m
vtstments already made; such u return ohly
as th5y might properly expect from any we'll
managed business enterprise
Inc Ordinary ate Oh PRINT on any hazardous
business investment Is never less thah Twelve
per cent
Capital can, without trouble or FISK, DC IN
vested on real estate security, aI ten per cent
In Englan';, Where Vle ofHlnaff iate Oh IN
tGrest is hut lour pei cent, gas COMPANIES are,
by Legislative enactment, ailoWed 70 make ten