Evening star., 1916-12-12
Pleased With the Adjustment.

Corporation Counsel Conrad H. Syme.
who is solely in charge of the presen-
tation of all the valuable evidence on
the part of the commissions experts;
George E. Hamilton, president, and J.
H Hanna vice president of the Capital
Traction Company, and George n Dun
loD, attorney for the company, who took
part in the adjustment proceedings, ap-
peared particularly gratiied over the
result, as did Commissioners kutz.
Brownlow and Newman, who compose
the commission.
Mr.. Syme said that it was remarkable
that in estimating on the reproduction
cost on millions of dollars of property
of the Capital Traction Company and
obtaining information as to all prices
from separate and distinct sources and
exercising their independent judgment
in the application of these prices that
in their final figures the engineers Of
the company and the commission should
be found to be less than 5 per cent
apart. 1t was proof to his mind. said
Mr.. Syme, that the work OF the COM
missions experts had been done with
great thoroughness and with absolute
fairness and that the work of the ]. q.
White Company had been equally as
fairly and conscientiously performed.
Similar sentiments were voiced on
the witness stand by President Hamil-
Charles L. Pillsbury, the only witness
introduced by the commission.
Agreement Follows Conferences.
The agreement was reached as the
result of conferences between en-
gineers of the commission and the COM
pany in regard to the differences in
the two reports. Remarkably small
differences were shown in many of the
items For example, the company
claimed S3,359,2S3 for total track and
conductor bar system. Mr.. Pi!lsbury's s
allowance for this item was $3,224,s31.
The difference was S134,452. or All pc.
cent.
For law expenses pertaining to con-
struction the company claimed $65,000,
and the Pillsbury report made an al
lowance of exactly the same amount
In some instances Pillsburys allow
ances exceeded the company's figures.
as. for example, in the case Of interest
during construction. Here the COM
pany claimed s545,0 900, while the COM
missions report allowed s663,s20.'
AT the beginning of today's hearing
Mr.. Pillsbury took the stand, explained
how the differences in the two reports
had been adjusted and read the sug
gested agreement for an increase of
approximately 100000 over his own
figures. He said that he considered
and the public and that the company's
work had been done in a conscientious
manner, the same as the commissions.
Mr.. Hanna on the Stand.
Vice President Hanna then took the
witness stand and said that Mr.. Pills
bury's statement represented accurate
ly his understanding of the situation.
He declared that the proposed adjust
ments in mis- opinion were fair to all
ports. with their small differences,
showed conclusively that the work of
Mr. Pi1lsbury and of the J. G. White
Company had been carefully and palms.
takingly done. Mr.. Hamilton. who tes-
titled briefly, said that the adjustments
were entirely satisfactory.
The agreement was based on three
First. acceptance by
commission of the estimate for ma
terials, tools and supplies on hand in
cluded In the j. G. White report; sec
ond, acceptance by the commission of
in base figures. amounting
to $3S6,740, or an increase of 4.97 per
cent on Mr.. Pillsbury's figures, and,
third, by mean adjustment between the
methods of applying localized costs and
general costs resulting in an additional
increase in Mr.. Pillsburys figures of
$274,646. accompanied by reduction
to $214,b4b, In the local and
general costs, as shown in the J. G.
White report.
Several Items Not Included.
The concluding paragraph in the
agreement reached was as follows:
at is distinctly understood that the
above stated and arrived
At. If agreed upon. do not touch or
carry with them the acceptance on the
part OF the Capital Traction Company
Of the land values as submitted in Mr.
pillsbury's report, nor do they in any
wise affect the right and privilege of
the Capital Traction Company to put
In evidence items of physical cost.
which may or may not have been refer |
red to in Mr.. Pillsbury's report, but |
" which items are not included in the ,
.otal estimated cost of reproduction AS |
by him"
in accepting the amount of $10,996,214 |
rs the estimated cost of reproduction |
Is of June 80. 1914, the company also |
reserved the right to later |
introduce evidence showing changes in |
such cost since that date.
Iyor Hayes, a magistrate, and J. NJ. |
raylor. a farmer of Lexington county,
). c., were found guilty OF peonage |