Indiana daily times., 1921-03-28

CONTINUED From Page one)
between s6Oo.OOo and S7OO.OOO and that
the plans cannot be carried out unless
/ the commission allows the interurban
companies to make a freight terminal
charge.
Mr.. Ashby broke In at this point with a
statement that the city viii demand that
the car company be paid a fair rate by
/ the interurban companies for passenger
service.
Arthur Brady, representing the Indi-
ana Union Traction Company, told the
commission that he did not understand
/ that this question was to be reopened
at the present hearing. E. l. Lewis,
chairman Of the commission, said he did
not see how this question could he de-
termined until the commission learns
something OF the financial status of the
l local company.
/ ATTORNEY ALLOWED
/ TO RESUME STATEMENT.
Mr.. Winter resumed his statement by
| giving the commission the details Of the
I proposed new contract between the local
( company and the interurban companies.
I He explained that the local company re-
ceives cents for each passenger carried
by the interurbsn companies, that II re-
ceives 4 cents for each two pieces Of hag-
/ gage charged for nv the inteTurbqn com
panies and 4 cents for each odd piece.
that a charge of 70 cents is made for
each round trip by freight cars through
the station. and that charge Cf II cents
a mile is made for the use OF tracks by
freight cars.
The counsel for the company then went
on with a review Of the manner In which
the Kentucky avenue freight terminal was
h,rtV nd Epa p1oip N ha wa q
done by o separate company. the stock
Of which is held by the Terre Haute, In
dianapolis & Eastern Traction Company,
that this company then leases the prop
erty for the realty company and subleases
II to the local company. He explained
the local company pays about $4,000
year rental, makes IS 600 year charges,
and consequently suffers an annual deficit
Of $1,000.
/ NO CHANGES MADE
IN PASSENGER CHARGE.
He explained that the new contract
makes no change in the passenger rates
because the local company was not able
/ to obtain any agreement on this subject
from the interurban companies. He eX-
planned that the proposed contract abro
gates all existing arrangements with the
/ T. H, ]. {, E and that II will do away
/ with other contracts as soon As facilities
become available at the Kentucky ave
nue. site. This would mean that the
! downtown terminal would he used for
nothing hut passenger and express bust
ness He said the new buildings ut the
Kentucky avenue site should be com
pleted within three years If they can be
financed.
/ Increases in freight charges are pro-
posed at the rate Of p cents a mile for
/ cars carrying motors and II cents a mile
/ for trailers in place Of the old charge of
Is cents a mile. For the use Of tie
downtown freight houses as long as they
are used he explained, the interurban
companies will pay per cent of their
original cost plus taxes. For express
purposes they would pay per cent Plus
taxes.
! POWER AT COST
PLUS 10 PER CENT.
Mr. Winter explained that the local
company would supply power at the new
( freighthouse at cost plus 10 per cent.
/ He explained that the new arrangement
would mean a net gain to the local com
pany of about $4,000 a year He said
the contract Is an accomplished fact 90
| far as agreement TO its terms are con-
! cerned. but that the commission must
/ grant interurban companies additional
funds before It can be carried out He
/ said local business concerns are willing
to pay a reasonable terminal charge
| Mr. Brady said the new arrangement
would mean an increase Of 100 per cent in
| freight facilities but that it would cost
the interurban companies about 100000
year more than they are now paying.
| He said this would necessitate a terminal
| charge of , to cents on each 100 pounds
Of freight handled. Mr.. Lewis told him
the terminal charge matter would have
to be presented in I formal way.
It was at this point that Mr.. Ashby
made his objections. He added that he
did not believe it proper that the COM
panies should pay a percentage OF the
original costs of the present freight
hoytses but of their present cost.
HENRY OBJECTS TO
ASHBY STATEMENT.
e. 7. Henry. representing the Indian
/ apOiS & Louisville Traction Company,
objected to this statement.
| 1.-The representatives Of the interurban
| companies do not desire to stay In this
hearing. but If there are going To he
any more SNAKE barrages like Mr.. Ash
by's we will stay" he said.
"You had better stay" Mr.. Ashby re-
piled.
Mr.. Winter said there is nothing In
I Nht NoALEdCA LD prevent an increase IN
passenger charges. He declared that the
hearing should not be delayed nv the
controversy. He declared that unless
the commission gives the company relief
soon it will be too late for any relief.
The commission then asked the attor-
neys to get down to the local rate ques-
tiOn pending its decision on the inter
urban question. He said the company is
receiving smaller net profit at this
time than for the same time last year,
| despite increased rates. He said the
deficit for 1921 Will total S26l. 90
STATEMENTS BASED ON
INACCURATE ESTIMATES.
Mr.. AShby declared that the company
is basing its statements on inaccurate
estimates He said the coal and power
rental costs are estimated too high. He
contended that an allowance of Sj23 349
for taxes Is too high because it is based