Perth Amboy evening news., 1923-08-03
BUS TRANSPORTATION Us
MAKING GOOD IN JERSEY
CONTINUED from PAGE -

Tor any compromise unless the HON.
pany will grant more than thsedve
per cent wage increase o~ffered
Tuesday. The men orlgiffTfv osz
manoed a thirty per cent increase
u are willing to accept a twenty
per cent boost, Mr.. Wepner said
Mr.. McCarter told the men on Tues
day the company is financially una
Die to grant more ma the five per
cent offered.
Vehicular traffic in Newark wns
greatly increased yesterday as a re-
suit of the strike. Between Sis
and $3.50 yesterday afternoon, con
sldered the peak Of the evening rush
hour, north and south bound trafnc
on Broad street showed a total OF
655 vehicles passing a given point.
OF these, buses averaged sixteen
out of each hundred vehicles.
Between $50 and 5s45 the num-
Der of vehicles passing a given point
on Market street averaged BAL
buses numbering about one out of
each fifteen vehicles.
Only four horse drawn vehicles
vert counted during that time while
approximately fifty bicycles were
listed.
Public Service Corporation stock
holders received this letter from
their president, Thomas N. Nc
Carter. today:
ITO the stockholders of Public
Service Corporation of New Jersey:
ut is my duty to inform you that
the employees of Public Service Rail-
way Company, n of the four prin~
cipal subsidiaries of your
ton. have zone out upon strike as
a result of a demand for increased
wages, which IS not justified by the
cost of living and which the Rail-
way Company was without funds to
meet.
After the failure of negotiations.
the railway company offered to sub
nit the matter in dispute to the ar
bitration OF the Board of Public
Utility Commissioners of the State
of New Jersey, the only body hav-
ing any power to furnish the rail-
way company with the additional
revenue to meet any substantial
raise in wages. either through the
elimination of jitneys or by an in
eas in fare. This proposition the
men declined to accept.
A a last resort, to prevent the
Inconvenience to the public of a
strike, the railway company offered
a five per cent increase in pay to
tn the men which if accented. would
have exhausted the railway COM
pany's treasury. This the men de-
clined, but insisted upon an in
crease involving a total annual adj
ditional expenditure OF approximately
$4,000, 900 which the railway COM
pany was unable to meet
LAS, however. the corporation has
received no dividends whatever
from the railway company for the
list five years. the strike and como
sequent Interruption Of service.
while most unfortunate. win not
substantially disturb the finances
o. Public Service Corporation Of
New Jersey nor should it, in n
va interfere with the corpora
tons dividend policy. as the three
remaining subsidiaries Of corpora
ton are all carrying on a uccess
ful business"
McCarter Walks; Wepner Rides
Thomas n. McCarter. president {
the Public Service Railway company
who is summering at Rumson. wall
ed from the Pennsylvania railSok<
station today TO his Office in tb
Service TERMINAL bwiie.~s
William Wepner strike Ieader.
and chairman OF the mems Joint
conference committee. lives in Irr-
ington. A Newark business man
gave him a lift in his auto to
strike headquarters here this morn
ing.
sLosing Money! Jitney Men SAP
Some Of Newark's veteran titney
are complaining today that they
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