Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-04-11

Mr.: Cary--I thought perhaps It was a
years bill; I did not fully understand it.
| NOW. Mr.. Hump hreys, you touched
| upon Milwaukee, in regard to the pipe to
my house there. they not. alone brought
It from the curb to the meter. but they
p1ped the whole house, and they charged
me $1sD for the piping. but diverted 1t back
into gas, and it did not cost me anything.
And / want to say that that has occurred
quite often.
Mr. Humphreys-I suppose that it was
because it was Mr.. Cary.
| MT Cary-No; 1t was common at the
| time.
F.! Mr. Humphreys-I have investigated
this report, and 1 have had Mr. Glass tell
me positively just what the rule is there.
To bring the information up to date we
telegraphed to him the other day. and
| ceived from him.
Mr. Cary-Weil. that was about fifteen
| years ago. when I had that DONE and
before l was in politics: or course. they
| years.
Now. as to the by-product of this COM
pany-
Mr.: Humphreys-Will you excuse me
h tGa Jus! "a, moment? They charged a much
higher price then. and so, perhaps they
could better afford to give away services.
Mr.. Cary-Well it was 81; that is $1.2O,
| with % per cent Off
WI. I1uIHpHTeES-A1I right.
Mr. Cary-One dollar net Now. I was
going to ask YOU another question about
the by-products of the company tar am
| monia and coke. Are the receipts for
that inquired In with the returns. together
with the gas receipts and returns or
are they kept separate? d.
Mr. dumphreys-They are. kept sepa-
rate In the accounts. necessa rily SO as
to follow it through. and know what they
are doing
Mr. Cary-And they are included in
their reports?
Mr.. Humphreys-Certainly 1t is all
here.
Mr.. Cary-And all added together as
assets and profit at the end of the year?
Mr.. Humphreys-Not as assets and
profit.
MIR. Cary-I mean profit.
Mr.. Humphreys-The way it is put in
1s this: l mean that you are asking for
the returns upon residuals In. the printed
report they put 1t in as part of the re-.
ceipts. and when we come to figure the
cost Of the gas, we regard this as gas
| making business. But it is the universal.
practice to deduct the cost of the gas
from the amount received from the resid-
uals I'm arriving at the cost per thousand
That is the way I have figured it.
Mr.. Cary-Of course the by-product Is
really what you might call velvet.
Mr.. Humphreys-In sense; If you
didn't have the by-products the consumer
would have to pay that much more. be-
cause it Is given to the consumer in the
sense that it helps the company to reduce
the cost of the gas. 49,
Mr. Cary-But you do figure 1t in the
price Of the gas to the consumer?
Mr.. MISUNDERSTANDING. we allow
what have said here-here in this state
! ment Why should 1t not be well, Mr..
Chairman. to read that right in here as
1t would answer Mr.. Cary's question?
The Chairman have -nos objection, Of
course
Mr.. Fumphreys-It will net take but a
moment. The items Of expense are as
follows: OIL. .lime-yeu gentlemen can
follow me and see how get 1t by the
% sses nas.f re aad and
so forth, 1882 Distribution depart
ment and orders: eff1ce.. $85, Sl3.T. Station
expenses-that is. the two manufacturing
Enthusiastically Repatrs. $s7.e22 g.?
repairs just stated, all included In the
charge Of cents a thousand, s73, Il 81.
Street lamps. IS. 4o4'sss Use 'ef services
$4SS81. 35
The miscellaneous. items you will f1nd
on page 3. and which they have made a
direct charge to profit and loss. but In
cluded it in my expense. $25.043.67. from
which + deduct loss. premium on United
States bonds. $15.625. leaving net OF
50. 41s.s7 for this item. total Of $1.44s.
1871 Now comes your point Mr.. Cary.
Deduct residual receipts. which appears
on page OF the report, $sl 5000: leaving
as the net cost OF operating 81 1851. 1884, IS.
s TS5cn na n,elVec aoG 7ss thousands makes
the cost per thousand Of 1855 cents.
There is how calculate, 80 that II am
wrong you will have excellent oppor-
tunity to demonstrate the fact.
Mr.. Cary-You also made statement
that the assets were 50 100000
Mr. HnmDhreyS-YeS sir.
Mr.. cary-I suppose the water Is fig-
ured in this. too.
figured in 1t.
Mr.. Cary-None at all?
Mr. Humphreys-No. sir; not dollar.
BY actual appraisal by my nrm, MADE
by men I think capable Of doing good
work, honest work.
investment. is that 1t; little over that?
Mr. Humphreys-No, sir; l never mace
that statement. and I empha sized my
statement in that respect to show that
did not.
there was Ii
Mr.. Humphreys-11.4 per cent is the
figure you have in mind. but. that was
the fact that this was not upon the In
yestment but upon the total of securi-
| ties-a very different thing.
Mr. Cary-Then you don't know what
the actual investment is?
Mr.. Humphreys-The actual investment
is probably much In excess OF that, the
| "a. 200 COO, for this reason: II agree to
make an appraisal of the works as they
stand l cannot include-and that Is one
of the injustices OF this system-even ie-
climate losses which have been made
F.! If am asked to appraise the companys
assets, can only appraise those assets.
| 7 cannot show the money absorbed by
the mistakes in Judgment which must
occur even. where the management Is
above the average
Mr.. Cary-I have a letter here, together
| with a statement, Mr.. Humphreys.
! have several Others. but this one letter
| will cover them all, showing the cost to
| this particular consumer OF gas at the
rate of 1917 cents per hundred cubic feet,
| and at the new rate of II cents per hun
dred cubic feet. l would like to have the
clerk read this letter. and the statement
attached to 1T.
| The clerk read, as follows:
washington, D. G.. April 5, 1910.
| Hon William j. Cary.
.'House of Representatives.
| washington, D. c.
| Dear Sir: hand you herewith state
| ment of the gas bills at my residence,
No. 1875 Irving street. in this city, for
/ your information and such use as you
| NAV put the same to- During all this
| time there has been no change in my
| household the same number Of people
| there all the time. You will notice that
! under the old rate of 12h cents per 100
| cubic feet the gas bills averaged about
| 2 200 feet, while under the new rate Of IL
cents per 100 cubic feet. with discount
| of 20 cents, making 30 cents pei. 1000, the
| q ho,,f E0n cuhi,, foof