The Washington times., 1919-04-05
W,R. &c. WANTS
TWO-FARE PLAN
tcontinued frOm First Page.l

CONTINUED from First Page.)
ties. This Is the estimated net reve.
nue. after the bonded debt interest il
paid.
Dividends of 5 per cent on preferred
and common stocks alone amount L
f750.oO0. a year. assuming that th'
Utilities Commission will consent Il
acquisition of additional revenues
sufficient to pay these dividends
which is understood to be very doubt
full so far as common stock Is con
cerned.
Claims for TwO-ZORe idea.
Only way, except through trans
fer charges, to raise more rev
enues.
No longer possible for a aat
rate to be charge. in Dlatriet,
owing to diRerenee In Aaancial
conditions Of Capital Traction
ahd w. n. and Il. -- .ara
PaSseaEers OugAt to pay for
service they set.
OaIy equitable method, being
saIae principle ~ used to steam
and other roads.
Rates to be prOpOFtiOnate to
length OF Journeys.
In eject In many European and
be working well.
Objections 70 TVO-ZOnes.
Here are objections made to the
PrODosltiOnI
Changes custOm. Of nat rate
fare.
May result In crOyvdInE and con
gesfi0n in .One-s0Be limit.
Discourage home-building in
Suburban sections:
In operation in Industrial cities,
where janiRg Of people IL not
objected TO.
No city conducted on ideals pre-
v1iIinE in WashInEtOn has two
gene plans.
InJustIee to people owning
homes In suburbs, who went
there on understanding Of one
May take much buslneas away
from Washington By causing
suburban residents 20 pifPonise
small Embellishments that would
set mp.
How could II be made to apply
to suburban sections served By
the w. n. and r. and not to sub
urban sections served by the Capt.
tai Traction, Whleh does not yet
A~CN -ONC EGNGA8G9N
what RItehey Proposes.
Mr.. Ritchey has put in two months
studying conditions in Washington,
and proposes that an extra scent
cash fare be charged beyond the city
zones running distances OF two and
to three miles beyond CEN
ter of the city. For the second zone
tickets would be sold at
3 cents.
He estimates that 20 per cent of
the riding public would have to pay
two fares to and from their homes.
Riding from one end of the District
to another the cost to a passenger
would be not less than IS cents IL
cash is paid and no transfers made.
Every transfer would add 1 cent
more.
The average distance for the first
zone is 2.S miles.
Suburban Lines Losing Money.
President Ham today reiterated that
the drawback to the w. r. and Z.
Company is the suburban lines. He
declared that for twenty-eight years
the Georgetown and Tenleytown line
has averaged a net annual return of
only one-third of 1 per cent on its in
vestment It today owes the w. r.
and Z. $47O,1SS. The last six months
OF 1918 1t lost 500, ,662: is not earning
even operating expenses and taxes.
The City and Suburban Line, rum
ming from Fifteenth and G streets to
Hyattsville and Maryland points,
failed by S12,257 in the last six
months Of 1918 to meet its fixed
charges, although usually prosperous
in normal times.
The Washington Interurban Line,
running to Bladensburgh, has been a
dead loss ever since II was bought
by the company. In the last six
months Of 1918 II showed a clear
ieficit of $7.127.
The parent company wants to hold
all these lines, but does not know
what will happen II the commission
ioes not grant relief.