The sun., 1919-01-02

turc revenues. with interest compounded
m-annhally. before tho CRY is cultj'd
to any Sharc in either subway or oi'.
waited earnings. by juno 80. 1919, '''
total accruals will be sll,7G6..a6. "a.
cordng to Mr.. Shonts. These figures a.,
sufficient TO indicate the gravity ~ o."
situation confronting the city and the
taNDayfr
What is the remedy? Corporation uH
cials were busy again Yesterday IN Nu-
vocating' higher fares and the aboiltioI
OF transfers on the other hand many
advocate municipal ownership as Two
only solution. Late this week or cary
next week the Association OF Mayors
will come out with a statement adv'-
ating a form of municipal ownersh p,
All sides agree that the stalcmate IN
traction affairs has been brought aho''
by stationary fares and constantly rising
costs. including the wages of labor and
n top peak in equipment and other ma
terial and supply prices.
Travis II whitney, acting Chairmau
OF the Public Service Commission, yes
terday discussed the traction situation
as follows:
THE receivershp of the Il. r. IT. and
the condition Of the Interborough are
further evidence of the serious situation
confronting New York city In It's trans
portation problem. Last January in MY
opinion in the North Shore Traction
Company case. deciding the application
OF the company for an increase in fare
from TO cents. found that the con.
pany should have a cent fare TO exist
but that the commission could not go
beyond the 3 cent fare limitation fixed
I'm the franchise from the Board OF Est
mate.
81 stated that the cost of furnish!n-
TRANSFORMATION must be met either nv
the fare payers or the taxpayers ami
that IL the Board Of Estimate was not
willing TO grant an increased fare then
there must be some form OF municipal
ownership or operation with the taI-
Mayors carrying the defcits. Personal
am inclined to think that any business
should be self-sustainnR.
THE Board of Estimate has dor-
neither thing and crisis Is now upon
the city in the possibility OF various
receive rShps and separate fares on
many different lines and greatly in
creased transportation costs to pass
gers.
THE Board Of Estimate has publicly
done nothing other than TO dismiss pc
tons from the companies but soma -
the city officials have been aCuvs
secretly. Mayor Hylan at the laet
meeting OF tho Board Of Estimate piousIv
and eanctimoniously declared that there
would be no land deals in his admin
istration. How about traction deals and
contractors deals? The only difference
is that there is limit TO land deals.
secret Conferences
"HyIan loves the people. hut how many
of the people know that for six months
secret conferences have been taking plar"
between street railway officials ami
MAYOR Hvlan and rorne % his offica'
and unofficial associates? The rights o.
the people have been under negotiation.
why haven't the people been told DAILY
Of the Developments why haven't tNe
written suggestions. propositions or doc
uments on both sides been made public
HAS Hylan confined his condolences
to favorites instead OF restoring govern
men. to the public Isn't he aware that
when negotiations are carried on in Sc
Cret concerning properties represented ny
securities in Wall Street there is the
possibility In the game Of speculation
for some people to have little better
knowledge OF the cards tran is possessed
by most people?
Was suggested arrangement h.-
tween the city and the companies sub
niited to Mayor HylanH Was IT "a
iectedo Have negotiations or confer
ences been resumed What has been the
range % prices OF traction securities
with relation 70 any such possible stops
WHY aren't all the people. including a.
investors. entitled 10 know publicly ana
daily the exact status Of negotiations
that look either TO municipal Ownership
or 10 results that Will prevent furtNaE
receiverships?"