Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-09-14

TENS of the city, but the major men,
bers of the Public Utility Commits
sion. What action the courts will
take on the same matter, should 1t
be brought before them for action.
should not be very hard to judge.
It is to the interest of all WASH
1ngton to have the present unfaVora-
BILE situation ended at the earliest
possible moment. and so far there
seems to be but one real vehicle, and
that a merge of the systems.
Now that it has passed upon the
valuations, the Public Utility Com
mission might hold a few confer
ences with view of aiding the pro-
posed merger, or with suggestions to
Congress concerning the needs of the
city in this line.
Court Suspends Service.
In view of the reported disposition
of the Washington Railway and Elec-
trio officials to cut out the service OF
the Georgetown and Tenleytown
ers." it may not be out of place at
this time to cite the action of Fed
eral Judge Mayer just taken in New
York city.
Job E. Hedges, receiver of the New
York City Railway Company. pre-
scented information to the court to the
effect that the Avenue c, Madison
Street, Spring and Delaney Street and
the 9Th Avenue Ferry lines were not
real feeders, but were a constant ex-
pense to the company.
These lines belong to what is known
as the green car system"
The judge, following long hearing.
directed the receiver to discontinue
the operation of the lines mentioned
after due notice. Service on the lines
will be discontinued within ten days.
After the court order Mayor Hylan
authorized Joseph A. Guider, head of
the bureau of franchises of the board
of estimate and commissioner of pub
lie works. to establish motor service
system on the lines to be abandoned
The cessation of service by the lines
reported would leave the whole East
Side without service from the green
car lines, compelling hundreds of
thousands of people to walk, pay two
car fares or use other means of travel.
The vigilance committee, of which
Mayor Hylan is chairman, has passed
resolutions condemning the public
service commissioner and determined
to investigate his actions. 1t is claim
ed that these lines-the ones that
win shortly suspend operauon-have
operated at loss for years and that
city officials knew this. The claim is
made that a 81, 100000 increase in car
mems wages within year has oeen
Col. Henry M. Stimson, counsel for
the receiver, made this statement:
mo man in his right senses would
lend them a dollar and the receiver,
system intact, could obtain no AID
from the city officials"
The lines referred to are operated
by so-called storage batteries. and have
been long delinquent in meeting their
snp loss Of $500, 4seei annually.
It 10 believed that no franchise will
be forfeited, as federal court Sit
ting In equity. ordered temporary
suspension.
Worse and Worse.
Stone q Webster nominated to re-
port to Federal Judge Mayer on the
lines Of New York city, including
New York Railways Company. B. R. 7;
surface and L lines. subway, ETC., ana
the Interborough subway and l. lines,
estimates the deficits from the operation
Of these roads for the twelve months
beginning with September 1, 1919, at
This estimated deficit is distributed
as follows: New York railways. 81
$4,000; B. R. T.. surface, $1,26s. 600;
marlborough subway and l., 900,
and B. r. T. subway and L $2,97s,000:
Upon the present basis of prices for
material, supplies, labor, and fares.
Stone & Webster express the beilef
that the surface lines ndN0 HO Pio
pect for earning operating expenses
and taxes for years to come, If ever,
and there is no hope that the b. R. L.
elevated and subway lines will earn
interest on the company's investment
/, in subways for many years to come, II
ever.
Motor bus lines seldom make long
: hauls at the scent fare.
F.. The st. Lopis Convention.
The financial center of the United
States will be moved from New York
to st. Louis the week of September
2s, when some 1000 bankers. accom-
panied many of them by their fami-
lies, will go to the annual convention
of the American Bankers Association
one of the really big annual gath
erings, usually attracting about 5000
people.
manner Of information as to the en-
tertainment of the guests of the as
ISOLATION. for the chances are big
that the gathering will be held here
next year, for the first time in many
years.
association, that of promoting rank
sng officials. Richard S. Halves. a well
known st. Louis banker, will be chos-
en- president, succeeding Robert F.
Maddox of Atlanta.
Inc SIdIler Will mousse Inc e4eCu-
tive officers. commissions and commit
tee the state and trust company sec
lions will be at the Jefferson, and
members of national bank and clear
ing house sections at the Planters.
It Is the first meeting of the asso-
citation since the signing Of the armi-
stice and of the peace treaty.
Many local bankers will go, leaving
here via the New York bankers spe-
cial on the 26th instant, connecting
with that train at Harrisburg.
The Washington Insurance Co.
Prominent business people have
planned the formation of the Wash
ington Insurance Company of the Dis
frict Of Columbia. to be Incorporated
under the laws of the District
Books for the sale of the stock.
SO a share par value, will be opened
S12 Pennsylvania avenue southeast,
on Monday morning.
The organization of the corporation
is as follows: George r. Repetti.
president; John c. Yost. first vice
president; James A. Donohoe. second
vice president, and Walter II. Mar
low. 3r., attorney.
The board of trustees includes the
officials named above and Lewis
Irlemer, Joseph A. Herbert, jr.; Guy
T. Steuart. Maurice Otterback, HUI
bert Newsom. Alexander Mckenzie,
w. P. NJ Malone Clarence F. Dono-
hue, Charles A Carry. Louis Hartig
and Morris E. NARROW.
business men, bankers and promine mt
Gponr{ora with aona fo