The Washington herald., 1918-09-24
COMPANY has requested needed financial assistance from
The following communication states the reason why
The company requests its careful consideration.

the proportional part of the annual additional expenditure of 100000
deducted from the of the remainder of ouy
$398s7 left entirely insufficient pay reasonable return on
the the and less by 237 amount
earned August 1914 This shows oncuve the necessity relief
through granted the continue II,
operations and and furnish satisfactory public The
comparison has been made for the August reflect
conditions they today taken period previous
and other expenditures would
be accounted for.
In this should considered the wage scale will
and perhaps and that the of supplies
will continue but should be borne mind considering
this that the
may high While probable that conditions Washington vii
again be they before the extremely improbable that
they will indefinitely today The Company making very
considerable expenditures for additional equipment purchase
equipment and build track furnish satisfactory
These additional capital expenditures will naturally add the of fur
nishng
In order determine exist with the present
scales under normal traffic have calculated
expenditures would have been during years 1914 1915
during eight months of 1918 had the present wage
scales been effect during periods We
from the net shown the Compny for each of the
and this shown Exhibit C." vii
from this that the 1914 and 1915 the Company
have been unable charges while the 1917
by far the of the Companys history of
only szO0OO less than capital stock would have been
earned and that the whole period years
would have been earned total only s574so5
the stockholders of the Company.
The fare paid by rdes Columbia
exceeded in almost the county For example Cleveland
the home of the Scent fare where the Municipal psre
pated for the of the railroad company
where material reduction capital insisted upon has found
the but add a5oonal
for transfers this where the those
the schedule.
Requests for fare have been made granted by
and other rtemakns authorities 24o of
throughout the The of Cleveland has
another large the overhead trolley system operated
Board of Trustees appointed by the Governor
this Board the
reported that this has that the
Trustees contemplating fare of
careful will show that with flat fare of
riders Washington will still pay less than paid great majority
of the this and less than l66 of the 246
have been granted.
To furnish suitable facilities people
at the submit important part the
work and should be regarded generally Company fsins
of employees the
hd by the National War Labor Board by
by direction, has done and doing all
the rendered make
the existing dsadvanagus
conditions. has beyond financial ability
present rate of fare. SIX tickets for quarter
The Utilities Commission has done much for the Of
by the of Mr. Bee
material benefit the public and the Company make these
Gated betteens and broad the present and
of good sufficient measured by the
needs of Washington and of the existing and oreeased the
requested increase n fare is essential.
principle. undspued public operation and direction
nders and the being sufficient the of
the which be improved extended but the
contrary detenorate unless fair relief is
Respectfully
THE CAPITAL TRACTION COMPANY,
By GEO. E. HAMILTON. President