Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1914-12-11
and u minimum tei-minutc schedule on
all branch or feeder lines.
DESCRIBES COMPANY AS
" GiI.h NElC MONOPOLY

GIGANTIC MONOPOLY
The resolutions declare the virginia
gigantic. privately owned moaopoly.H
earning fair and reasonable profits sur
hcient to take care OF proper equip
pnwillingness of the residents OF the
East Side to grant this company rights
ana privileges Tor a tgc atir ts,
needs"
took exception TO the designation OF
his company as Il monopoly. The coir-
pany, he said. enjoyed no such eNciu-
sive privilege, and under the. State law
no city or town in the Commonwealth
had the power to grant any company
an exclusive franchise Between tha
was only contractual obligation In
volying reciprocal dnties-uppn the city
to deal equitably with the company and
assist IT in giving good service, and
upon the company to render AN
adequate service at reasonable rate
Mr. Anderson expressed the doubts
he had at first felt about undertaking
10 discuss the franchise application in
PUBLIC before discussing L first with
the Council Street Committee, whore
the measure was now pending. He
decided. he said. that in carrying out
tons that he appear before them and
discuss the franchise, he would not he
guilty OF discourtcsy to the commit
rEN-YEAR LIMIT
uNREASONAHLE, SAYS ANDERSON
Wnile he expressed himself clearly
on the company's intention 10 MAIN
tain the present rates OF fare. Air. Az
derson told the gathering that tho prb-
posni Ia limit the life OF the franchise
10 ten years was unreasonable. No
franchise, he said, cSuld be financed on
Il ten-yeai basis. Capital could not he
attracted TO such an investment. lie
suiu, when real estate and other Sc
curities offered a much better induce
ment
The demand for capital VIII be uit-.
n nG,es nj d When l, the present, w4r
ms difficulty. 1t is to the interest OF
Inc city to place no obstacles III tie
iinprovcmcnts contempiated BY tie i,
company Under existing conditions in
Richmond, l wouldn't be frank If
Vice will dcpreciate from year to year
as the expiration date of our franchises
draws nearer and nearer. II is !nevi-
table. You cannot get some thing for
nothing~the public must pay for it in
oUTRAGEoUs PROPOSITION
When Mr.. Wcndcnburg was INTRO
aseed bv the IgGona SRsaher
viiISinIa Halfway and Power cg@pahg.
and Power company has fought me al
my life. and | have been against it all
my If should Sly that l have no
Wcndcnburg. The audience laughed.
The only way the company viii ever
put his bold and outrageous prOpo.i-
Wcndenburg, holding eiort a copy OF
the petition and suggested ordinance.
Will be by putting the members OF the
Council TO slnep--by hynctizing them.
And II they go to sleep ana permit this
to be put over they VIII commit 4,
crime against every one OF you, acainst
your children and future Eencrutioua'
Mr.. WendenbUrg ridiculcd tie Sl.0DC.-
900 valuation placed by the company
upon the concessions which u proposes
IN it's petition TO tile Council. 10 re-
lease to the city III return for the
blanket franchise. Tic could not imag-
me. he said. now the company arrived
at this valuation, unless X was that
the interest on Sl.00O0D0 was required
which IL was now proposed TO "unload-
on the city.