Evening star., 1955-07-26
Mclaughlin TeIIsofMove
To Sidetrock Broodwoter

enue bonds. The authority
would be controlled by existing
management until the bonds
were redeemed to complete the
sale.
Charity Plan Suggested
The third plan suggested a
transit authority with a Char
liable foundation operating
management" which would lease
the properties from the author
ity. giving any earnings to yari-
Gus charities
The fourth plan suggested
selling the company to the en-
ployes.
The nth plan suggested that
civic leaders, banking interests
and local businessmen purchase
the controlling stock of the
company to operate it entirely
for the benefit of the public"
Commenting on company de-
that he say who has
contacted him in hopes of tax
ing over transit operations here.
Mr.. Mclaughlin said. nobody
has especially contacted me.
Two such contacts were tele-
phone calls to the Board Of
Commissioners "
In asking for Identification of
potential operators, the Capital
Transit statement said: "The
public is entitled to know the
names of those who readily have
at least $40 million to furnish
transit service in Washington"
Calls Figure Exaggerated
I'm the first place, $40 million
is an exaggerated figure" said
Mr.. Mclaughlin. LAS to financ-
ing, it is common knowledge that
bus operators are practically
financed on the installment plan
Anyone coming here would fol-
low the general scheme of financ-
ing on straight bus operations.
Replying to charges that he
had been a prophet without
honor" in predicting to District
Court that the company would
have a 100000 cash deficit ii
lit redeemed its bonds, Mr.. Nc
Laughlin said. "the suit was
brought on the basis that this
community did not have to al
low the company to put itself
in danger of not having cash
to carry out its franchise. ]
merely made the supporting
affidavit on which our case was
based.
II am sure that neither I nor
the Board of Commissioners have
any desire to harass anyone, II
the Capital Transit Co. regards
that (the Commissioners recon-
mendation that the franchise be
Icanceled) as harrasSment it just
results from facts as we see
them"
Spencer Comments
Commissioner Samuel Spencer
commented on a Capital Transit
statement that I'VE doubt II
Commissioners Spencer and Lane
have been as eager to seize Cap
Iital Transit Co. as has Mr.. Nc
Laughlin or if either Of them
has been making an effort to
hand the transit operation over
Ito others as has been their fellow
Commissioner"
ANY action by the Board of
Commissioners was taken with
the full agreement of all three.
and we accept equal RESPONSE
|bility," Mr.. Spencer said. II
think Mr.. Mclaughlin is a high
minded public servant of the
highest integrity"
Brig. Gen. Thomas A. Lane,
Engineer Commissioner, said:
"Mr. Giddings' (E. C. Giddings,
CTC vice president and public
relations directory assumption
that we are putty in the hands
of Mr.. Mclaughlin is intended
to be charitable but is totally un-
warranted. We all participated
fully in the decision Ito sup
port cancellation of the company
franchise).
ut is very regrettable that
this personal attack on Mr.. Nc
Laughlin has been made. It is
totally unwarranted. In working
with Mr.. Mclaughlin, I have
found him working to promote
the best interests of the Capital
Transit Co. and the best pos
sible transit operation.