Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1917-10-15
LelCis Admits Taylor
Logic on Higher Fares
csntinusd from Pas. On.

Continued from Pare One
for a few years. more or less. The lease
provides that the city Will join with Ine
company In petition 20 the company lvi
an Increase under certain conditions anu,
personally. believe that the company VIII
get an increase.
ANY one who thinks that we can get
this new system and pay the city's chareeh
and a dividend to the company on hVe.
cent fare with universal free transfers ~
laborng under n deiusion. How this delu-
sion. which has become common, was caused
! am not here TO say. But II IL a delusion..
Director Twlnlng in reviewing the results
Of the public hearings on the lease when
have been held before Councils Joint finance
and street railways committee. said that
they have developed the following funda-
mental questions, which must be decided
by Councils:
First Shall the taxpayers Of the city
or the car riders bear the burden resulting
from the city's' participation in rapld-translt
DEVELOPMENT In Philadelphia Shall the
tax rate be raised or car fares temporarily
increased7
Second. Shall the fare be held AZ fve
cents fat with universal transfers and all
excess cost paid out Of the citys general
tax revenues, or shall the fare be flexible
and vary up and down as required 20 meet
the cost Of service and ss approved by the
Public Service Commissioner
Third Shall the city be permitted 20
build not only all lines now authorized, but
In addition. such other lines as. when and
where political eEpediency may dictate or
It's financial resources permit and thereby
place no limit on the ultimate size OF the
clty's system which the company must
operate. or shall tho future lines and exten-
sons Of the citys system and their opera
tion by the company be subject 10 reason
able iirnltatlons7
Fourth. Shall the company's guaranteed
or assured dividends from the earnings Of
the UNIFIED system have preference over the
city's interest charges with no assurance
that the city's interest charges will be paid
At ALL, or shall tho interest charges Of the
city he paid I'm full before any dividend is
paid TO the company
TwINING's ANALYSIS
''Ffth. Shall the company's dividend be
hNed ana assured at per cent plus an
extra 10 per cent Of any revenue paid TO
the city, or shall the amount Of the COM
pany's dividend be left 10 the Public Service
Commission to be given such consideration
as II sees NJ In connection with It's approval
OF a schedule Of adjusted fares?
Sixth, Shall the sinking fund payments
on the city's transit bonds, as well as the
interest thereon, be paid from tho earnings
Of the unified SYSTEM
Seventh. by which Of the following
methods which have been suggested shall
the three-cent exchange tickets be abol-
ished:
(a) BY compensating the company out
OF the city's treasury.
(b) BY the substitution of a one-cent
charge for all transfers
(c) BY reference OF the matter TO the
Public Service Commission at a fixed date,
as the present proposal contemplates
IAN Of these questions are important and
as to some Of them there exists radical
differences of opinion. but ] believe that
from the cltys standpoint the lease now
before Councils embodles the soundest and
most buslnesslike solution OF this complex
problem which Councils must solve"