Daily press. [volume] (Newport News, Va.) 1896-current, 1907-08-27
Southern Railway Comptroller, ]
h. Plant, Gives spscleI Master
Figures on Roads Earnings.
NO MONEY MADE IN NORTH STATE
Claims That 1t Costs More to Run
Intra.statc' Business In North Caro-
lima Than It Does in Any Other
Commonwealth, and Glvee Figures
to Support Statement.

A.. e
support statement
WASHING ron. D. C.. Ans 2G.-
The hearing of Tho North CornIlno
railroad ease before Sncciol Master
Walter MONTGOMERY wa. rnsunnI ~
Tho Southern Railway orficne todnv
ana Comptrollor J. III Plant of Tho
Southern halfway. occunI,d thr vii.
ness stand throurhoui tbn dnv Tho
testimony dealt mainly with tho hirh.
or cost of operation In North earn.
linn Than in otIcr .tn,os
MIR. Plant stated that tho total cost
OF operating Interstate prssonror
traffic for the wear. ondch Jumo 3o
1906 was S2.ig6.il5 and tho total
earnings I'm North Carolina worc ST !.
97l OBS. n net loss of about Sd55 oon
The average passenger traffic revenue
/ per train mile. hc snid. was 90 cents.
while tho earnings including state ana
Interstate ana mail NM cynrcss were
Sl.aI per mile.
THE minimum cost of operotjon
| I'm earning one dollar ON Tho inter.
state traffic. he said "wns $500.
That represents the cost of earn.
| Ing one dollar ON intra.stntc businoss
| In North Carolina for the fiscal wear
6. Los exclusive Of taxes or better.
mems or interest on Investment
Mr.. plant said that so fnr as he
Ihad b,en able 10 de,erminn Inv n
careml examination tho COST OF oper
lation had bcen rrenter fins FIR IN
1907 than In 1906 in both freight and
passenger business.
"Aly investigation" he said. dem
onstratos that to earn one dollar OF
local revenue i'm the state of North
Carolina is twice as expensive ms II
is To earn dollar on interstate bust
ness.
THE figures | use are of minimum
expenses and very low minimum al
that Tho average cost oi handling
4 ton per mile in North Carolina l.
net less than three times MS great as
it Is on the system generally found.
Mr.. Plant stated that the tax val
uation OF the Southern Railway prop
lcrN III North Carolina for 1906 wa!
w. l3l,Soo
las there been recent increase
III mat asse ssment!
nave bech so informed. replie'
Nj i"Ii, now S""'Soz'zoS.
III. W,,leSs ulscussed .nc propo
,,'v, ~, " w ne, n'iil,SS vi t,ic TOW
No. ne $3.50" ,"t.'oli l',l'o"'.n ~,
ltn~ yair,t,o ,..I,, ga, mss ,o'
sgs45 gS5 Ia sa7n thnt mo "ros.
rovenuos of ;utra.siot" traf,ic +,
| North Carolina for 1oOG wcro 81
32iG25.
Mr.. Plant explained thai lurint
the year ended juno 30. 1905. $500.
$50 was charged to capital account II
North Carolina for improvements ant
equipment while on the whole system
the amount charged TO the same nc
count was S2.S5O.l9G. He said tina
the expense o! keeping the property
up to- modern standards in Nortl
waroiina during me year was Sl9ho4o
ms amount Auned to me STATE taxes
.. |-uv'""l ASsIesaceG 'o'ai sun
"el ."p.'",Hrd oI sioh,oo.
NJ ~, ~ 'se' I''',,'gs'
In '" t , n o',i''',ns III No,
p,.rt ,as,it,o i'o NV "0'V ~ 'o AZ
ra,ar 49, 49,, ,"" ~ p'oi"
~ ,.',a,.' w., ~ ,onc Di .r. p"9''
ranr NIX 80. L., ,o' VIC tv.'' ~ y.
NM .,,,o rr,,,i,, a,,n"n. ,'',' coo
oo7 NO., ,ilo,r,r,r om'.,hn sr,. 81 ~,
n,v,,"nt of ,,,.nres. nr di,';io,d.. .r,,'
nar,in,s h. sa,d n,,Id -. ~
,oo ~ o,a Tx. no, ~ ~, go
| hrs arr;no tooc on thn al, ~,