New-York tribune., 1908-08-25
DEFIANCE TO THE P. S. c.
Continued from first page.

must be thus Charged discipline to s4 insure m
the Pro & the II time ioRance w then in
sns 81 cd9Ps Past 70 t2s
thirds The cost Of that change Is more thsn sIoV,
900 year. no longer sweated on the lApoi pe'
In one way only did it seem possible TO effect the
veneymnot the soireney Which would pay dividends
on stock or Interest or bonds but the 1ossibIe
Much Of the system consisted of leased lines @ anG
were S0e high M An Exhaustive investigation has been
made and is still in progress 10 s t II IS
slow process Many figures have TO be Inarshaiieu, G
tabulated and studied. that no injustice may o
any particular lease showed rental ~hsR ns4 i All
leased property did not earn enough 10 pay "''
things considered. ii has been eliminated
THIRD AVENUE DROPPED
We ers1 ascertained that the Third avenue Eoad
however successful might be its future II opeta.ed
independently in association only Win tb I,e listing
lease Improbable road for me New aTa9 from,
or MetT9poan to devs sna after its independent
operation began the receivers of botn ssssem S ha
f1een their respective lines except at few points
Seventy days after that change was mace we as as
tabulaton prepared showing the nuith ol pttre tire
seneers of both classes carried during the enliae @
periods on the whole MetropoHan system & ans m and
thus obtain light for our future sina so1piaaGe
afnttion in The ratio OF transfer to revenue
from 6i.6 per cent to 0l6 per cent: losing enter
he
prise and has been thrown out ne e. cot
lion was taken with the 2oth ana -sIIl o.tee
IIrosstoEn although under an az
bondhoders are teiIlpoTdir4S !uLlti;i.S
- I'm October l. enable them 10 ueleFtii,le
whether they will try to handle it themselves or e
the franchise lapse and accept their loss W iouu
that the Belt Line also operated at q Ioss 70
US if the stipulated rent We're PAID ana h2.;no n;
owners that could not continue 10 pay ;n Ndlii -
ally they using ana occupy ll',
thHr nroperty without pa ying for II. anc tey to0
hack their road. We also found the rent oI tiie
Central CrosstoNn too high ana would maze CGt a.
out hut the owners. with your assent, agreed 10
.3r1ptgnf of he
having factor that It is stliI in the system anu
covered by the provisions Of the transfer statute.
We know no way to keep the Metropolitan - stern
capabe of rendering efficient public service except
hv throwing off all lines which require 'he pay
of that In view OF present conoiloilS
are iuprovident and excessive n hoWeNer' aS
soon as every such Improbable road Is thrown OUT
we are 10 be required to operate with II on s0t,e
ioint rate the problems become much more oHl-
cult OF solution. ~. -, ,,,,,i,
II the latter clauses of Section 49 OF the Pubhc
Service act with their provisions as TO swltch con
r,ertjops through routes and the 'transportatlo non
OF passengers freight and property apply TO these
network Of lines which make up the street railroad
system OF this city. already regulated as TO single
fare bv former statutes, and presenting pTaC CiCt
difficulties which do not exist in the case OF tie
ordinary railroad
ascertained whether or not nn-
der the Public Service act these conditions Inust
he dealt With the sooner shall all know the
rublc your commission. ourselves and the mort
sage and other creditors of this propertyjust what
NAV he exI "cted its future
' ADRIAN H. JOIINE.
DOUGLAS ROBINSON,