The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1877-02-03
GAS IN COUNCIL,
HickenlOOper Asks for Only a
ssFair Living PrOfit''-Further
Time Given to Consider.

HickenlOOper Asks for Only a
"Fair Living PrOfit''-Further
Time Given to Consider.
At the regular meeting of the Board
OF Councilmen yesterday evening, Presi-
dent Fitzgerald in the chair, and twenty
seven members present, the committee
appointed at the last regular meeting OF
Council to ascertain if the Gas Company
would take 81 IS, and report at this
meeting, reported as follows:
REPORT oF THE GAS COMMITTEE.
CINCINNATI, Feb. 2, 1877.
To the Hon. Board of Councilmen:
GENTLEMEN-We the Select Commit =
tee appointed to confer with the Cincin-
natl Gas-light and Coke Company and
ascertain whether the said Gas.light and
Coke Company would be willing to
enter into contract with the city for
the ensuing ten years to deliver gas to
the citizens at the rate of 81 70 per one
thousand feet, beg leave to submit The
following:
l. That no such contract can be made,
and we would draw attention OF the
Board to the accompanying cOmmunica-
tion of the Gas Company. For reasons
mentioned in said communication, it
might be Advisable to give the present
Committee furtfer time, in order that
they may be able to bring certain facts
before your honorable body or appoint q
new Committee, as your present Com
mlttee do not feel under the instructions
for which they were sent to offer any
other suggestions. Hoping your honor
able body will take sucn steps as they
may deem. best in the premises, respect.
fully,
JAS. S. WISE, B. EGGLEsToN,
JNo. j. ABBIHL, DANIEL WOLF,
l.. N. SMITH, Committee.
THE DOCUMENT FROM THE GAS COMPANY.
Along with the report as part of it
came the following communication from
the Gas Company:
OFFICE OF THE GAs-LIGHT AND
COKE COMPANY, Feb. 2. 1877.
Captain Jas. S. W Use, Chairman Special Com
mittee:
| the honor to state that, i'll response to
the generaily-eXpressed wish for some
immediate concessions in the price
charged for gas, this Company signified
its desire to promptly respond to the
wishes oil the public by at once reducing
| the price to the lowest figure consistent
with fair living profit upon the invest.
1 ment, aud in return asked only that our
relations to each other might be defined
and fixed tor a reasonable period ol
lime.
10 show that the proposed 81 rs amend
ment does not approx mate TO such a
| figure, it would only appear neces sary
10 call your attention to the fact that,
taking into consideration the discount
and amount remitted during the unex.
pired term OF the present contract, we
are in effect asked to surnish gas Tor the
| next ten years at one dollar and fifty
two cents ($1 52) per thousand cubic
| est--a price wnlcn at once suggests it.
self as being out OF the question.
While the ordinance now under con,
| sideration is the result OF negotiations
had with Joiht Committee oil the pre-
ceding Council anu two separate and
distinct Joint Committees OF the presen,
one, and has received the full indorse
ment OF a major ty in interest OF the gar
consumers Oh tue city. II members oi
ouncil are not satisfied as 10 lhe reason n
| ableness OF the terms agreed upon. VIZ.
l$2, with o per cent. discount, making the