Evening bulletin., 1911-03-30

the past year the people of Hawai-
had occasion To vote on a very lin
portant public matter-the sale of ri
cohoiic drink - and the plebiscit
showed clearly the will of the people
and II seems to me provision shoul
be made to put this franchise be
fore the people" lie also attacke,
4 the freight carrying of the company
saying that it Is against the spiri
Of the present franchise.
John Hughes declared in favor o.
granting the franchise. The Rapic
Transit has increased the value OF
property wherever it has gone. and
if this city is to continue progressive
the street railway must play its part
He praised the management of the
company paying particular tribute to
Manager Ballentyne.
A. f.. Clark, of the Central Improve
| ment Club told of the meeting of the
club yesterday afternoon and its ac-
ton in declaring in favor of the fran
chise with certain amendments. He
mentioned among them the use of in
| ternal combustion engines only from
midnight to a. m, the continuance
OF the plan to divide profits over 8
per cent with the government. the
right of the Territory to repeal the
| franchise and acquire the railway sys-
tenn, ten-minute service. maximum
| fare of five cents, a commission to
regulate the system and it's opera
| ton, and regulation of freight
charges
Mr.. Carter spoke again, this time,
he said, individually, "Call a spade a
spade" he said, "it seems plain that
the present franchise is a bad bar
gain; why continue it?
IF my memory serves me correctly
there was change made in the orig
inal draft. new clause which allows
them to charge of not only their op-
Grating expenses and their sinking
fund but also their capital, before the
division of profits becomes operative
lvers in Favor.
Richard lyers, confessng he is q |
stockholder in the Rapid Transit CO.
said: "It has been pointed out to-
night that this was a bad bargain.
Well, Honolulu was a pretty small |
town in 1898 If it had been a yalu-
able concession, they would have had
no trouble in getting outside capital
interested But they didn't. The orig
inal hackers had to dig into their own
pockets for about 100000 before thew
got cent of outside capital" Hell
also spoke of the need of getting a
new franchise now and making its
financial future safe
George w. Smith reviewed briefly
the history of the Rapid Transit's es-
tablishment. ''The Rapid Transit has
increased practically all the taxable
property OF the CITY," he declared,
THE men who invested their money
ought to receive consideration at the
hands of the legislature If the cor
poration has not lived up to the terms
OF its franchise, it is the fault of the
people entrusted with the oversight
OF the execution of the franchise"
G. r. Hemenway spoke as the rep
resentative of the Merchants Asso-
citation and the Chamber of Com
merce. up to the present time it
has been impossible for the commit
-ees OF these bodies to come to any
agreement or definite idea of their
attitude on the franchise and there
ore they have instructed me to ask
'our committee for a further oppor-
unity to be here and present our
,iews.' !
w. R. Castle spoke briefly merely
tating that as there was to be fur.
her hearing he would not speak at F
his time. =
Why Not Airbrakes?
Mr.. Carter spoke again to ask for
ONE expression of opinion from the
,apid Transit people, stating that he
'ould particularly like to hear why
ir-brakes had not been installed.
L. Tenney Peck, president of the
DAD, rose and declared that the Rapid
'ransit Co. is answering all ques-
IONS. Then he spoke in answer to
X-Governor Carters criticism of
lilure to extend the line to the Coun-
y Club.
There have been two extensions de-
ded upon lately" he said, zone of them
as up Nuuanu Valley for a certain
lstance and the other was the extern
on and connection of the Emma and
lllha streets service. This latter
as on the company's own initiative"
e explained the Nuuanu extension
saying that the line must be built
allow the cars to run every ten
inutes, and that it is not yet known
iactiy where it will go.
Manager c. G. Ballentyne touched
oon the operation of the road, en-
lasizing the depreciation of the phy-
cal part of the system. "We have
me to the point now where the de-
eclation has become very evident"
said. "The replacing Of the eqiup-
ent viii be source of great ex-
nse. Another matter is the mart
the street paving we have to do
he maintenance expense is one Of !
e reasons Why we want to nrovida