The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1919-07-22

Mr.. GUY E. TRIPP Chairman in care of
Federal Electric Railway Commission
Washington D. C.
Dear Mr.. Tripp
have requested. appear you
pending investigation problems which confront electric
railways the United States 1t impossible
without negctng other public duties which
mitted and trust that will permit submit and record
for consideration the following facts in written FORM
developed unparalleled rapdiy
through the of facilities
initiative great national industry
up transportation preceded
actually made possible and brought about the wonderful develop
prosperity.
early days national municipal authorities
realized the absolute necessity of fostering the construction of
facilities essential the development
country subsidies the of land and
granted, thus aiding their establishment.
Adequate and efficient electric railway facilities just
senta to the welfare and prosperity of
cities popuous communities the ansontnenta trunk
lines large They should be ostered and
safeguarded accordingly.
Unfortunately pioneers promoted of
sadded on the travelling public charges the form OF
profits rather than for construc
ton These practices naturally brought about public
tagonsm
Shipping Emergency Fleet Corpora
ton had during the require electric railway
enlarge sufficiently
shipyard the ship
yards brought intimately touch with the electric
industry and it's requirements all seaboard of the
United States.
found, many that the fnan
ciay owing to their having
their sufficient
reasonable the capital already invested
condition applies companies
throughout the entire country mainly responsible for the
unsettled condition of the electric railway industry today
that the and is recognized that
likely reduced when the show that certain street
under the high of
labor yield the capital invest
appears that there only remedy and that
authority the The public interest first
public willing additional fare
whole world endeavorng improve its transporta
both land and spending millions of dol
experimenting transportation in the it most import
the future prosperity and comfort of people that the
railways be placed in position where frass service
will be the public at just cost under the supervision Oh
broad minded commissions National
what is fair street railway scale,
should also the responsibility of determining
establishing railway fare and
they willingly presented the
authorizing railway to
their fares.
1t is clear that every railway company should be freely
right to
operating including and depreciation and
invested If they to be de-
MED this right it perfectly clear that additional capital can
safely invested electric
railways unable their obligations to the public and
their securty-holders.
public the street railway
brought settled understanding
what relations problem
Capital already egitimatey invested in public
safeguarded the credit of legitimate electric
will capital will available TO
the of the public and the public VIII
enjoy efficient safe service.
electric railway property is the legitimate
in establishing developing business ana nat
which dsregards this principle not fair
railway certainly
profitable from the time it paced at risk
and the public interest best served when
paid capital.
railway entitled to include in its cost OF service
but due allowance for renewals and
Thereof in