Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-09-15
CLERGyMAN'S SON
IS TRANSIT CHIEF
Dahl Becomes Power ir
Greater New York Trans
portation Field.
BY JOHN F. SINCLAIR.

Special Dispatch TO The Star
NEW YORK, September 15.-Ger-
hard M. Dahl has emerged as the power
In the New York City transportation.
Quietly, he and his banking associates
have been picking up the common stock
of the Interborough Rapid Transit. Al
present ne is chairman of the board OF
the Brooklyn Manhattan Transit Cor
poration. In past negotiations seeking
inification of the confused transit STU
alton in New York the Interborough
has always been the fly in the ointment
of the B. M. T.
But this is all changed. Now MeSsrs.
Dahl Wiggin and Hayden have been
added to the Interborough board IL
should mean New York transit unlrlca-
ton is near at hand.
The Wiggin and Hayden referred TO
are Albert H Wiggin chairman OF the
Chase National Bank, and Charles HAY
den of the Hayden-Sto Corporation.
Abandons Law Career.
Mr.. Dahl, 54, was born in Fort How
ard. Wis, son of a clergyman. After
graduating in law at the University OF
Wisconsin he practiced for eight years
in that State. at Waupacs and Stevens
Point In 1906 he moved TO Cleveland
and became a street railroad commits
sioner in that city in 1910. This eX-
nerience led him to abandon law Tor
CITY transportation. Two years later he
moved to New York to accept posi-
ton as vice president of the Electric
Bond g. Share Co. Next he became
vice president of the Chase National
Bank. and later q partner IN the Hay
den-Stone Corporation. So his old aSSo-
ciates A N. Wiggin and Charles Hay
den. are his closest partners in TINS new
venture.
Samuel Untermeyer. the New York
Iawyer believes this latest development
''r~avely complicates the situation IN
New York" BE that as 1t may, the
preachers son from wisconsin has
emerged the most powerful figure IN
New York City transportation.
Salary Comparisons.
Salaries and bonuses paid to public,
eenoi-publc and private individuals are
always subjects of interest to the aver
age man.
Abraham Epstein, in the American
Mercury. discussing problems OF lie IN
sl1rance gives some of the salaries Of
the presidents of various life Insurance.
companies.
Darwin p. Kingsley, president of the
New York Life. in 1928 received sal
ary of S126.600 The same year the
late Haley Fiske formerly president of
the Metropolitan Life, drew 100000.
At that time Frederick H. Ecker, now
president of the Metropolitan Life, drew
SITS 900 as vice president.
Mr.. Epstein takes his pencil and adds
the salaries of 80 of the high officials
of the larger insurance companies TO-
Kether and shows that they reached
SO .492 900 in 1928.
He contrasts the salaries of life in
fhnCa the
presidents of the New York Central and
the Pennsylvania Railroads. The for
mer received $53,500 in 1928 and the
latter S57,60o.
Henry E. Niles, in the Weekly IN
derwriter, replying to Mr.. Epstein's fig
ures, says that the salary paid to the
president of the Metropolitan Life In
surance Co. $500 000) is less than
one-tenth of the income of the Metro
politan for a single day"
All such salaries, however, seem
small in comparison with the compen-
sation of Eugene Grace and the five
or six bonus executives in the Bethle-
hem Steel Co.
It is a difficult topic to discuss, be-
cause the amount of information on
the subject is extremely limited
Electric Charges.
Commenting on Gov. Roosevelt's plan
Of a huge State owned and operated
tydro-electric power system on the st.
Lawrence River, to cost anywhere from
S235 900 900 to $500, 900 900, the maya
zine Time made an interesting COM
parison of electric charges in the va
rious cities throughout the United
States and Canada.
Here are a few monthly charges for
80 kilowatt hours of electric current-a
III kx yarf-
vate companies in the United States:
Schenectady, 50 90; New York City,
1886; Philadelphia. $3.50: Pittsburgh,
S222: Baltimore, s2.03: San Francisco
S2.03; Cleveland, $190; Chicago 81 sc;
Detroit, $l85: Washington, S1.79; Buf-
falo. S1.72; st. Louis, sl.67; Tacoma
S1.14.
Municipal Plants.
Municipal plants selling the same
amount OF current charge as follows:
Los Angeles, Sl.76; Dunkirk NJ Y,
$3.50; Holyoke, Mass, $1.52; Tacoma
Si43.
Canadian cities served by the Hydro
electric Power Commission of Ontario
pay as follows:
Hamilton, 90 cents; Toronto, SO cents;
Ottawa, 88 cents.
Managers of privately owned utility
companies, however, object to such
comparisons upon the ground that
bookkeeping entries are not the same
in all cases nd that the element of
depreciation, which is heavily charged
against in the privately owned COM
panies, is largely ignored in the mu-
nicipally owned plants. Municipal
ownership advocates deny the charge
Still, these comparisons will result
IN plenty of discussion.
(copyrisht, 1890, by North American News