Evening star., 1932-12-22
TRACTION MERGER
DEADLOCK BROKEN.
AL Disputed Points Ironed
Out, Clearing Way for
Its Passage.
Continued From First Page)


the existing Scent rate was written
into the merger terms.
The effect of this is that If the
merger Is finally carried out through
the approval of the majority OF the
stockholders, continuation Of the three
cent school fare is one of the condl-
tions that must accompany merger.
While members of the Senate Com
mittee were getting in shape the last
minute che ,es in verbiage agreed upon
this morning. the Senate went ahead
with the conference report on the
Philippine independence bill; When @ IN TINS
is out Of the way, either late this att
ernoon or tomorrow, the Senate IS ex-
pected to act promptly on the compro-
mise merger.
Voluntary Contract.
The merger resolution is in the form
of a voluntary contract, which the
stockholders of the separate companies
will have six months in which to accept
or reject after the resolution has finally
been approved at tie Capitol ana
signed by the President.
Il >
" in consolidation of the car lines, 1t
will end an effort that has been gong
on for nearly 80 years to bring about
a unified system The question has
been before Congress off and on for
that length of time, and the present
basis of merger has been under con-
slant discussion for five years.
The high points of the merger reso-
Mtion are:
washington Railway & Electric Co. and
the Capital Traction Co, the unified
system to be known as the Capital
Transit Co.
The new company is authorized to
ecuuire, at its fair value, the Washing
ton Rapid Transit Co., operating mde-
pendent bus lines.
The new company Is to issue free
transfers between all street cars. with
the commission deciding what shall be
done about transfers from a car to
bus. or from one bus to another.
The question Of a reduced fare for
school children is written In as one OF
the terms of merger.
The new company is to be relieved OF
paving the salaries OF policemen Sta-
toned at street railway crossings. and
there Is also modification in the as
sessments against the company for new
street paving between tracks and bridge
improvements.
The new company would be managed
by IS directors, Z each to be appointed
from the two companies and the fif-
.teenth to be chosen by the IA directors
first chosen. At least nine Of the d.
rectors must be bona fide residents OF
Washington.
Discuss Disputed Points.
For nearly four hours yesterday aft
ernoon the groups seeking 10 oIlne
puted features of the legislation In
executive session.
When an adjournment was taker
overnight, Senator Blaine Indicated the
discussion was centering around the
power clause and the indeterminate
franchise proposal
Representatives Of the railway COM
panies who took part IN the negotla'
tions were: William F. Ham and Sam
uel r. Bowen of the Washington Rail
way & Electric Co.: John H. Hanna
George E. Hamilton and G. Thoma
Dunlop of the Capital Traction Co
and Harley P. Wilson. director o.
the North American Co., which own
stock in the local railway companies.
The conference also was attended bI
a delegation from the Citizens john
TRANSPORTATION Committee. headed b,
Thomas P. Littlepage. 1t was thi
committee which started the movemen'
toward a compromise Tuesday.
Peoples Counsel Richmond B. Keecf
and Assistant Corporation Counsel Will
liam A. Roberts, council to the Utili'
ties Commission, also attended thu
meeting and took an active part II
drafting proposed amendments.