Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-05-12
BUSINESS SCIENCE CLUB
PLEDGES VOTE FOR LOAN

Continued from Page One
tire high speed system plans for Philadel-
phia, and would leave the Broad street
subway begun and the Frankford elevated
half completed and idle.
TAYLoR's APPEAL
'T come before YOU" Mr.. Taylor said,
"in this last hour of the four years fight,
to plead for your aid in passing the tran.
sit and port loan bill next Tuesday. For
nearly four years this city has been en-
gagged in preparing for the beginning of
work on n comprehensive transit system
which will serve every district of the city
without discrimination.
"The first year was occupied with de-
termining what additional facilities were
needed and the character of the construc-
tion of the high-speed lines During the
next year legislation prepared by our
eminent fellow-citizen John c. Johnson
was passed by the Legislature. This
legislation gave the ely the necessary
legal machinery to build system of high
speed lines, to equip them If need be, and,
as a very last resort, to operate them II
necessary"
Mr. Taylor then reviewed the success
sive legislative steps taken by Councils
to permit a beginning of the construction
work and reviewed the work done up to
date. Continuing, he said:
PLANS WIDELY INDORSED.
NEARLY every civic, business and legal
organization in every section of Philadel.
phia, after full consideration, has indorsed
the so-called Taylor transit plan and
take great pleasure in reminding you that
you were one of those organizations
"At a special election, April 30, last
year, you citizens by your vote of nearly
10 to /, issued mandate to the city au-
thorities. That mandate was that Phila-
delpha proceed with rapid transit devel-
opment.
when the present contracts, now under
way, have been completed the Frankford
elevated will be half completed and lying
idle unless you pass the loan bill. More
than S3,000,0O0 will be needed to COM
plete this line and the city has no re-
sources from which to draw its money eX-
cept the proposed transit loan bill.
"The S67.100,000 for rapid transit in
this loan bill Is more than adequate to
build all the lines contemplated and to pay
the interest and sinking fund charges on
the loan during the construction of the
lines and during the first year
of their operation"
"As IL will take fully five years to build
all these lines, there is no chance what
ever of the city's having to pay one penny
out of current revenues for interest and
sinking fund charges on the transit loan
for four Ave years and ut the end of
that time the high speed lines themselves |
will be in operation and producing revenue !
and the eity's real estate through abnOr- |
NAL developments will be yielding addi-
tlonal taxes"
CITY'S MANDATE ISSUED.
1.-THE people of this great city have or
lered the municipal authorities to pro-
a t.
speed transit lines. After the leaders of |
every political party have approved the |
oan aud after practically every business
organization in the city has indorsed the |
ransit program something has happened |
20 cause certain men to ask you to recede
rom your position.
II do not know what 1t is that has hap
oened.
81 don't believe you know, but if know
you are not going to do
t. You are not going to shaclSle this city
because certain selfish obstructionists de-
sire II.
II come here to warn you of your peril
Obstructonists who are entirely oblivious
% the welfare of the public and to the
Welfare of this city are trying to thwart
ne in my effort TO get for you what am
pledged to get. l appeal to you for your
lid. You are either going to support the
oan or you are going to hoist the white
lag
II believe that the transit loan bill is
yoing to pass next Tuesday, because 1
rave an abiding confidence in the lntelli-
renee and the determination of the cIti-
.enry Of Philadelphia.
In asking the members of the Business
Science clubz TO respond TO the poll on
he transit loan bill Mr.. Taylor said:
II have much respect for the mon who
honestly disagrees with me, as have for
he man who agrees with me-"
The result of the poll was that out OF
nearly 100 present all We're pledged to
support the loan bin at the polls on Tues
lay
During the symposium following his for
nal address, In which the ex-Direetor an
5wered questions from the members OF the
,lub. he explained that the actual cost of