Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-03-15

/ time than any other fare that can be ap-
( piled.
in almost cry other city in the
country where the fares were increased
above 3 cents it has been necessary al
most Immediately to increase from to
cents and In some cases the fare has
( reached 10 and II cents, with the result
that the companies invariably are in
worse financial condition they were with
the Scent fare.
"A consistent, continuous policy OF
betterment of service and addition Of
cares and practical operating schedules,
with the scent fare, in my opinion will
/ find the company in much more pros
porous condition at the end of the year
than if it had been permitted to charge
a 6-cent or higher fare"
/ The corporation counsel concurred IN
the mayors statement.
The mayor was at his office for the
first time in a week, having been con-
fined to his home by a threatened at
tack of pneumonia.
In a supplementary paper filed with
the commission plans for the construc-
ton Of a new central interurban freight
terminal, TO be constructed at Kentucky
and Oliver avenues at a cost of more
than 100000, were included.
The petition for the increase IN rates
follows closely the extension OF time
granted by the service commission, In
which the street car company is per-
mitted to make charge of l cent for
each transfer issued. This was granted
Dec. 20. At that time the street car COM
pany was ordered to submit plans for
the improvement Of freight terminal
facilities.
In asking for the increased rates the
company states that unless emergency
relief is granted it will face a cash deficit
on May 1 of more than $4,000. without
providing for improvements.
REPRESENTS CASH
DEFICIT LARGE.
In support of this statement the pet
ton states that on March l there was a
cash deficit of $25,15312, which, it il
claimed. will be increased May 1 to
cash deficit Of S325, 9S5.59.
In the face Of this deficit and with
no guarantee Of relief the company de-
clares It Will be unable to secure credit
in order to meet its temporary and per-
manent needs.
The present 1 cent transfer charge
originally was granted for a period of
seventy days, and was continued re-
Gently pending further consideration Of
the case. in its latest petition the COM
from the additional charge for transfers
1t is expected that the petition Will be
considered by the commission at an early
date.
This makes the second Indianapolis
utility that has asked for increased
rates recently. The commission Thursday
viii hear the petition Of the Citizens Gas
Company for a 9O-cent rate.
FREIGHT TERMINAL
PLANS SUBMITTED
The site for the proposed new freight
terminal is now occupied by the freight
house Of the Terre Haute. Indianapolis
& Eastern Traction Company The COM
pany submitted with its plans for the
new terminal drafts of proposed con-
tracts between the street car company
and the interurban lines entering the
city, whereby the local company would
be relieved Of all responsibility in regard
to supplying freight facilities, and place
this burden entirely ON the interurbaR
lines.
The plan of the company is to have the
new terminal completed within three
years, and to convert the freight tsrmi-
nails at the Market and Illinois street
station to passenger and express service
exclusively.
Three projects are included in the plans
for the new terminal The first project
calls for an addition to the T. H, I. s e.
freight terminal Of 1880 square feet Of
floor space and :, 400 square feet Of plat
from. which, with the construction Of
two more tracks and driYeways, VIII cost
$50. 674.
The second project, which involves an
expenditure of approximately $6T,344,
calls for the construction of the west
end of the outbound freight house and
the completion Of track projects.
The third project is the largest Of the
three and includes the completion of the
second outbound freight house and an
entire inbound freight house and drive
ways The inbound freight house would
have Il floor space of 22,590 square feet,
and the remaining section of the out
bound freight house would have floor
space of $500 square feet in floor space
and 5.400 feet in platform space This
would involve an expenditure of approx
mately SCI, 344
Letters from heads of the various inter
agreement has been reached regarding the
construction of the new freight terminal
Robert l. Todd, president Of the In
dianapolis Street Railway Company and
of the Terre Haute, Indianapolis & East
ern Traction Company, stated that the
proposed improvements IN freight facin-
ties viii result in about $4,000 a year