Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-05-19
Gas Price Rise
Urged in Report

Crged IN report
ontinued from PAGE One
city Of 81. 600 900 annually, and the
continuance nj free public lighting
and street lamp maintenance. Th"
taxpayers are nov benofitinG 10 the
extent ot about II per cent un"n the
cost Of the City'S property.
Regulatory Iod,
Eleventh. Retention of the present
price Of ST per thousand cubic feet
until new lease has been negotiated
and new price established. Upon
the basis OF current costs, the price
for gas would probably fall between
81 % and O1.1O per thousand cubic
tCrt. the exact amount depending
upon certain factors not yet deter.
minabic. II prices continue TO deClinc
in the nCN few months As they have
in the last few months. the lower Rg.
ne is within the range Of probability.
but II is both impossible and unwiSr
10 determine finally nov what the fair
priC" should he Tor the latter part Uf
this wear.
Two fin Cacatlon ~ q munrripa'
= ID ul'l, I'tN W Il u t''N''. ~ IN
rltcs. =" determine opcraror', com
pPnSRtlou. 70 rrguinto service. to pre-.
scribe Nl,t"mS Of accounts. to ap-
PROV" ieSIauco u securities. 10 pa,
upon all plars fer inr cXt,nSiun and
alteration nj the gas system. 20 audit
accounts. to diSallow improper "A.
pcnd:tprr,. nnl to examine properly.
accounts and rocords Of operating
COMPANY. The present ease Ia.
proved inc,H~Di'. III suited tn changing
conditions aud nopr," "daptcd 10 pro.
tc"n rho interests of III" rnbilc uron
tho IN" band aud ~ assure fajD
N"ntm"1r :" It." l"s,ce upon IN"
other
Thirteen. Reservation 10 City #
light in new lease 10 terminate agree.
mrnt AZ any time upon rea>onablo
notice. The lSpspe should he single
company to avoid diffusion Of rcspon-
SibiIitr and necessity Of dealing with
different corporate interests
Fourteen. Establishment Of ar-
counting system maintained by "pcr-
atlng company.
Fifteen. Continuation Of present
heating standard WndlnC propagation
Of new lease.
Regulator, Board Of Three
Discussing the proposed permanent
commission and its functions and pow
'rS. the report said, in detail
The commission recommends that q
"cgnlnt"ry body be created composed of
hr"" members. appointed by the Mayor
md confirmed by the Council. They
should b" appointed for relatively long
,ers-in our opinion. five years, and
,h"uId be pald salaries comm"nSuratr
with III" powers conferred and the re
,r"nSibIity imp"sed
The regulatory body should have
authority I" examine the records. books
Of account and all memoranda kept hy
th" lessee. to audit accounts and to
diSaIIow any item of expense I'M
incurred; and to prescribe u
system Of accounts. the form Of roc.
Ord> 10 he kopt and the form If re
ports 10 he filed. All plans for new
construction and changes in III" pro.
pcrtI should b" submitted 10 this body
contract extending over year "r in
rUIvlng an "XpCndirur" of moro than Il
certain minimum. p">>ib,l 500 in
any on" year. shoUid b" executed with
Dul nh" approval Of In" body. which
should ais" have control over III" is.
suanrr ~ securities Expenditures
should not bc made from the money
hGs obtained without rs approval
'Tho operator compensation should
b" determined Within thel mlt> and
Preceding 'n III" principles already
,rdr,d
I'hc pr.r" fga~ Shoud b" nxod bv
hc .cguaforv body for definite periods.
rt.ch should be not shorter than six
months nor longer rhHn one wear. The
cas-" should prescribe in genera way
h" mothud "f determining thc prirc ~
- charged hy 'ho OPERATOR ana re.
Virrm"urs ~u"uId be Inserted in the
ease. "hllgutluC the rcgunrorl body o.
u"Iud" i'm III" price" among other
hingS. rh" amount to b" paid to the
'itl. n" cost Of free service for uubIIc.
lighting thc interest and amortization
upon funds r.iS"i either b, In, cItr or
)v tn" operator. prescribed rat" Of
'orUrn upon working capital and an
lmoGnr 10 Great" stnbliling fund from
which there would be- pUm any ,cnu-
,rary d"ticl"nrl"s Iu ia" lnoumr and To-
which there should be- credited an, oy-
"cS>", IN iuc0n" over aud above scrual
and proper costs
Power % Change Standard
'Thr regulatory body should also have
authority 10 change He gus standard
iH,d in the lease. to fxc pressure re-.
Iuir"mcnts, 10 prescribe limitations as
q impurities and to establish rcguIa.
TONS as to gas service. including tho
adjustment Of nppIanccs examination
f meters, etc. Provision should be
mad" for the maintenance" Of resting sta
ions and the examination Of gHs motors