Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-03-19


il may keep any other books it chooses.
And it wa. to avoid that, the utility
keeping two sets of books, one for
the commission and the other for itself
move its rejection.
The motion was agreed To and the
amendment was rejected
The CHAIRMAN: The Chair lays
before the committee for considera-
ton Senate Amendment A.
ON motion by Mr.. Cole of Andres
ceggin the amendment was adopted
The CHAIRMAN: The Chair lays
before the committee for considera-
ton Senate Document No. 47S, Sena,e
Amendment b.
ON motion by Mr. Cole OF Androscog-
gin, the amendment was adopted
| The CHAIRMAN: The Chair lays be-
fore the committee Senate Document No
52S, Senate Amendment FL. Section H.
Mr. COLE: l move that that be re-
jeeted. Senate Amendment FL says.
strike out all after the words items in
the second line of Section II. Section
Il as printed in the bill reads The
commission shall provide for the exam
ination and audit of all accounts and
, all sums that is the way ii would be
left under the amendment-but the bill
printed and recommended by the
committee says: The commission shall
provide for the examination and audit
of all accounts and all items shall be
a11ocated to the accounts in the manner
prescribed by the commission" And the
when the commission prescrbes certain
books and accounts and the manner of
keeping those books, it will prescribe
that certain items, certain expenditures.
certain income shall SO under certain
headings, and it will not be possible for
any public utility to put interest charges
under operating expenses. and therefore
perhaps come before the commission
with the idea that it's operating expenses
are so large that it must raise its rates
on account of large operating expenses,
when those operating expenses are one
sum- and operating expenses plus inter-
est charges are altogether a different
charge. We believe that all of those ex-
pendtures should be under their proper
headings
The motion was agreed to and the
amendment was rejected
the CHAIRMAN: The Chair laws be-
fore the committee Tor consideration
Senate Document No 5l3 Senate
Amendment V To Section 49,
Nj. COLE: Section 10. Every public
utility shall! file with the commission
within d time to be fixed by the COM
mission SeIeduIas which cbo1I Ia. nra,,
To public inspection, showing all rates.
tolls and charges which il has estab-
lished and which are in force at the
time for any service performed by it
within the State
The CHAIRMAN: Are you consider
ing No. 5132
Mr.. COLE: 51$-it adds within the
State in the eighth line after there
with. Now our reason for moving the
rejee ton Of that, Mr.. Chairman is that
there are many public utilities operat-
ing IN part within the State of Maine
and in part within other states. and
the commission in attempting to fix
the rates or schedules of utility with
in the State of Maine would have to
know something of the income and ex-
penditures of that utility on the part
that is not within the State of Maine.
and therefore We don't think il is fair,
even to the utility, wherever ii may be
located. as for instance. the Boston &
Maine Railroad operates in three
states-now IT might be unjust To the
Boston & Maine Railroad not to look
INTO lis condition. the amount OF its
bonded Indebtedness and all of those
things. ON the system as whole. So
we don't believe it ought to be confined
TO within the State.
The motion was agreed to and the
amendment was rejected
The CHAIRMAN The Chair laws
before the committee Senate Document
No. 476, Senate Amendment Amend
ment ID to Section 10.
Mr.. RICHARDSON of Penobscot:
Senate Amendment was offered by me
in good faith, as / understand it, and
provides for changing the word Jan
uary" in the tenth line of said section,
and inserting in lieu thereof the word
July This would make the last four
lines read: THE rates. tolls and
charges shown on the schedules first
to be filed shall not exceed the rates,
tolls and charges which We're in force
on July 1st 1913" This provision, Mr..
Chairman. was asked for because since
January /. 1913. there have been rates
accepted which have been approved
by the Interstate Commerce Commits
sion. These rates bear on traffic with
in the borders of the State and also
ON interstate commerce. and there
fore the two railroads Interested the
Maine Central and the Bangor &
Aroostook Railroad. which have made
these rates, ask that that change be
made so that the rates which shall be
filed he in force on July /. 1913.
Continued on Page Seven.)