Strike bulletin. (Clinton, Ill.) 1913-1915, 1914-09-09
S.P. SCORED BY PRESIDENT
I'M. ESHLEMAN Of STATE
R.R. COMMISSION
|COMPANY'S HARD LUCK STORY
DOESN'T TAKE WITH COMMISSION
MUST MAKE NECESSARY REPAIRS

SAN FRASCIsCO Cal, Sept Especial to the
the state railroad commission. scored southern
Pacific Railroad officials today for pretending that
the company 10 hard up for money
The southern Pacific Company has $4,000. 900
In Its treasury" said Eshieman. which found
after investigating the corporations financea
don't wan, to hear another complaint from the
company that II Is hard up. and cannot make i'm
provementr needed In Its service, am going to
protect the public ! am going to see that needed
are built by this rich corporation.
Company sesseA.
j.. L am getting very tired Of these hard times
they not true don't want to hear any more
about the making of retrenchments by the company
when IL ha. many millions In its treasury"
Eshieman then demanded to know from the Of
nciAis pre- sent why the company had borrowed 90
many millions last year with Its own treasury so
xeli filled.
This outburst on the part Of the president OF
the commission came the resumption today of
the hearing OF the Southern Pacific to raise Its
curnmutstion rates between San Francirco and its
transbay service
Attorney e. W Durbrow. appearing for the
company replied that the s7Soooeoo was not all
cash. but represented different funds for various
purposes
s.. r. Official. Pr-.-ss
other officials Of the company present were
Charles y Fee. r. T. Batturs and Superintendent
Richardson of transportation.
r. l. caffey. auditor Of disbursements. was the
witness called by the company TO prove that u was
losing between Si.soo. 900 and $4,000. 900 year on
Its transbay electric service.
lie declared The company was not earning
operating expenses on this service let alone trying
to earn profits and interest In the Investment
Attorneys ch.ftee Hall Guy c Earle and
De ar ed In opposition TO the company.
Operatives ~ . issA
W r. Scott vice president and general man
axer OF the southern Pacific Company. and Charlie
4 Fee. passenger traffic manager of the company.
will he the chief witnesses when the railroad com
missions investigation Of the southern Pacific Rail-
roads transbay service 10 resumed this afternoon
at o'clock
The company claims that II 10 operating Its
terry and eIectriee suburban service In Oakland.
Berkeley and other Alameda County points at a
loss OF bet we.n u. Gee Gee and es,eesooo year.
IL axis the commission to fully investigate these
allegations with a view TO fixing fair schedule
OF rates
Psssess Rate Csa.
On the other hand. various Oakland improve
ment. ORGANIZATIONS backed by the oakland chamb-
Of commerce. are asking that the rates he lower
ed In certain Instances They ask reduction
from Is cents to 10 cents OF the far. from san
Francisco to points Immediately outside the city
limits OF Oakland and from 10 To cents from
Oakland 10 these same points
II IL probable that before the commission can
fix a new rate of fares for the suburban service
A valuation OF the companys suburban lines VIII
hay. to be made. which will take several months
Dsspsse FSgsres.
IL was brought out in the hearing YESTERDAY
that thu. Southern Pacific Company and its sub
-tdiary companies have a cash surplus OF siol-
900 ess on hand although this was disputed by L
n Eavard- auditor of the company. who said that
In this instance cash" surplus WAS misnomer
and thar this surplus consisted fact Of only VS..
sts 900 In actual cash.