The Bridgeport times and evening farmer., 1920-07-20
SELL THE PROPERTY

HE SITUATION in which Connecticut troleys find 1a themselves is the product of a long events. In the early the last century, electric street had replaced horse various parts of Connecticut
 Bridgeport of the last cities equipped with the new form of conveyance The Bridgeport Traction Com pany created. A line built Shelton on set with Norwalk. Lines built Norwalk, New Britain, Waterbury, Merden and other places.
 The cost of these lne 19O1 about $s 900 mile in this year that Bridgeport consolidated by the Connecticut Railway Lighting Company organ1za ford where it exercised potent inuesce legislation
 The of these small lines being completed little nothing added to them except wind and water The elements of imitation enough to boost the cost mile from $3s,OOo to $153OOo, approximately
 At first the of these electric lines cause anxiety to the Haven Railroad then rich and ul and paying big dividends The railroad by indirecon began to acquire trolley properties The Consolidated Street Railway formed which acquired troeys in New Haven, Hartford and other places These properties acquired a large amount of imitation.
 Connecticut well honeycombed with trolley lines which operated by these two companeshe Con- necicut Railway Lighting Company and the Consolidated Street Railway company.
 There tinkerng the General Assembly, and contrved which, 3O 19O7 the New company od honorable and profitable steam road system of New England merged into the Consolidated Railway Company which in the meantime had acquired the lines of the Connecticut Railway Lighting Company by lease.
 railway corporation the Consolidated Street Railway Company which, completing the deception of the publc name, York; Haven Hartford Rail road Company.
 By this merger completed of tanning wind and water into the railroad property job so completely done that the dividends suspended five years ater Tn 1915 which had been quoted and which widely held sunk below 30 in the market and has since mained there or whereabouts.
 Having obtained all trolleys, having become trolley corporation the Consolidated Street Railway Company using taken from the old railroad set off trolley properties corporation known the Connec company which of it's lines and rents the remainder that through the Con Railway Company and operates those which acquired by lease from the Connecticut company
 These street railways steady and drain upon tha Of he about all they the rental of than mil dollars year, paid to the Connecticut Railway Light ing Company.
 that the government, in moving dissolution of the transportation trust which the trolley manipulators had created, largely under the direction of Melen ordered the trolley lines into the hands of trustees Federal court with instruction to sell hem
 trustees instead of selling have been holding The earning power of property steadily appreciated increased in cost there rising prices materials There of paved streets brought by development automobile, troeys charged heavily for pavements and bridges The auto mobile began intense competition which the rolleys met with increased rates and essened service thus denying the principle that successful competition must give at least equal
 Nevertheless, the trying have prevailed the trolley lines would pay it not for wind and water they carry and the enormous rentals paid wind and water
 The Connecticut Company confesses pleads insol- vency
 It would be best if the property be sold
 This would be best for the stockholders the property the street railway which has taken the the lines of the New Haven Company The steam roads would freed of burden which weighs heavily upon them.
 Dissolution and sale would be best for the public method by which trolley preserved furnished at which will enable become profitable.
 The trustees ought forthwith to sell the property they ordered to do
 Thus impossible rental which is paid to the Connecticut Railway Lighting Co.,, which amount of fare make profitable.
 With lines in the hands of who who give frequent operate one man cars fare public served and capital have its profit.
 attempt to preserve the rentals, millions water and the ineffcency present system result in increased evils. The annihaton a araareptlx supernr form of seie tIan