The Bridgeport times and evening farmer., 1920-08-16
INVITING THE TROLLEYs BACK

 T HE TRoLLEYs should be compelled to resume their service, and if they do not the legal penalties should against them The should not heap such an ndgnity itself and it's citizens would be implied Dy Invitation to. the company to resume service
 Connecticut Company 4o miles of single track
 It leases from the Connecticut Railway & Lighting Com pany miles single track for which in addition to taxes, rental of $1 ,O45,OOO annually.
 the rented track contained the O1 miles of man track which serves Bridgeport
 The Bridgeport consolidated with lines in New Britain Waterbury, other places The transac ton took place 1901 During the first six months of that the various lines independently operated and maoe separate reports their capitalization The investment n plant and equipment $7,277463.
 the last half of 1901 the consolidation was effective and without anything being added taken away the figures o m vestment jumped to $24,4o5523.
 Our stock and bonds said the Connecticut Railway and Lighting Company represents the properties which obtained by their
 component companies without their share of wafer It is this attempt to carry almost twenty millions aon trolley bankruptcy Connecticut
 The value per mile of single track value obtained by dividing the total number of miles, into investment, given in 1901 S16OOOO which would make the Bridgeport mileage worth slightly more than S16OOOOOO.
 Bridgeport trolley patronage pay up actual investment in lines poles, wires, power other equipment but cannot and never paid return upon sixteen million.
 actual value of the property used in Bridge port Mr. Stors is millions six millions exclud ing pavements.
 The estimate probably liberal It is not larger however than the patronage would pay dividends upon if properly operated and managed with good service and five cent fare or even With the same serVce and a six cent fare.
 
 pay upon investment of six millions during the period fare charged.
 In the year ending Dec. 3 919 the Connecticut net income of $ i51 5O which divided the basis of single mileage would make the share of profits signabe to Bridgeport $217,731.
 Bridgeport second city Connecticut. It is served with ioi miles of main tracks New Haven requires requires 19o miles, Hartford is smaller than Bridgeport.
 Bridgeport pay only wind water, but for large amount of suburban mileage which does pay, if valuations honest instead of Hated.
 Bridgeportc carry, cannop for, and should expected to pay for inflated investment in roleys amounting to sixteen millions.
 Bridgeport might pay return trolley investment of fiv or six millions.
 Bridgeport cannot carry cannot pay for and should not vestment of three to four millions which would produce bet producing present conditions and in the hands present
 The trolley monopoly has taken upon itself another perable burden has agreed to the old Connecticut Railway and Lighting rental of than million dollars per upon those 25i miles of lines which consol long with such disastrous prn- cples of finance
 Of si 451 ,Ooo 1918 Mr. storrs took o49- cut forever and lined the pockets of gentlemen for the part supposed to nhabt the neghbohood of Philadelphia the hauns of the U G. l. we'll known to for its record in public utility promotion.
 receivership the sale of the trolley lines era decson to satisfactory usmen situation.