The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1905-03-06
PUBLIC UTILITY FRANCHISES.


matte Telephone people to apply telephone franchise
gernlane to principles and conditions wh
public utility granted and operated and ais
obligations and rights OF the public toward tn
holders Of such franchises and public
BY Utility Franchises meant special powers to Dc
something something which the community in general
or large proportion need have done furnished
extent the use OF pubic prop
erty rights, powers
Such also known Natural Monopoies fol
their there can be only or
very and consequently there can be
little competition
Examples OF such those giving the right
n water light power telephones and general
which involve the OF public
or the power 20 and take private property
examples public utility franchises reserved to and
operated by public supplying OF Honolulu with
lighting OF the streets and public buildings
Examples public utility franchises which the public have
permitted to operated corporations the Oahu Railroad
Light Company the Telephone Company and the
Rapid Transit Company.
The guiding star which the granting with
holding OF public utility franchises INTER-
EST Private benefit profit thereto
If the conditions that public interest best
promoted conducting furnishing given utility through the
medium government franchise for such purpose should
granted private parties the public itself should furnish
and operate the necessary plant.
1t frequently happens the public treasury
financial condition undertake the enterprises its
pobemaca that the legislature and responsible officials do
justified spending money tha In such
parties.
public utility should granted,
everyone who asks it.
The granting franchise though
exclusive involves pledge Of good faith the part
of the public that grantee OF the franchise will be fair
opportunity make the enterprise successful In other words
franchise been granted establish telephone system
field where there only business enough for SYSTEM would
good faith public grant
che covering ground before the first had
opportunity system after the system
stalled good service being given reasonable prices and
under reasonable rules and conditions
Exclusive OF any moral support OF the of
such good faith there three practical unitarian why
good business policy First if there probability
second franchise for the purpose
business enough for only cne, would difficult and
frequently impossible capital
enterprise.
Second the enterprise established is policy
cripple by competition unproftabe Prosperous
citizens and enterprises make prosperous community whereas
bankrupt citizens and losing enterprises
community
Third there one enterprise OF kind in prosperous ond
ton with the spur behind that give reasonably
cheap and efficient franchise will be granted
it will be much likely and improve and
give the public the best of its kind than if
competing enterprises losing money srug
Cling make both ends there will be
progress In the other stagnaton retrogresson.
On the other hand good faith part public
que that the should be given opportunity
establish the for which granted
there correave obligations the part
Monopoly franchise.
The seeker for franchise should open, dis
close who he who his
ability to enlist others finance the enterprise particular
franchise be tied year
time in which float enterprise public who
parties OF the other knowledge
to whom they dealing promoters
men OF substance and responsibility they
SPECTATORS whether they intending
erprise investment securing something
Again the public good faith that protects
petition entities the public good faith h the part Of the