Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1955-07-15
Petersen Gives
Reasons For Bus
Fore Reduction


Fare Reduction
Continued from page -
had TO be taken into considers
ton.
One was the value Of the pro-
perty used. For the Minneapolis
system, we fixed this at t9.i3s.-
900; for st. Paul, 4 little over 80.
O00, 900.
We estimated q years revenue
for Minneapolis at te.+eo. 900 and
for 81. Paul. $3.50. 900.
We estimated the yearly ex-
pense for the Minneapolis system
at Ss.si5. 900 and for ~. Paul at
H,627. 900.
Net profit for the Minneapolis
system came 10 1851. 900 giving q
rate Of return OF Tia per cent:
net profit for 81. Paul. 1924. 800.
with q return Of s.4s per cent.
should Reduce To One Company
There In one factor In the Min
nsap0lls system which should be
changed, This II the ownership Of
tho NlcolIst-Hsnnspin bus line.
which In now operated by the
Twin city Motor Bus Company.
city officials In Minneapolis con-
tend that the Niooilet .ifcnncpin
line. running through the heaviest
populated area In Minneapolis,
and a good revenue producer.
should be operated by the Mime
apolls Street Railway Company.
and the commission has 40 order.
ed. directing that there be
transfer Of the Nicolist .Iiennspin
line from the Twin city Motor
BuH Company 10 the Minneapolis
Street Railway Company by Jan
uary !. 1860
In our order. we have set the
bus fare on the Nicollot .Hsnne-
pin line 10 be the same m the
other bus routes In Minneapolis
NJ an 10 avoid discrimination.
In connection with ownerahlp.
II would simplify matters before
this commission II wa had but one
company 10 deal with. the Twin
city Rapid Transit Company, the
parent company. which In the
holding company for The IT Paul
city Railway Company. tho Min
neapolis Street Railway Company
and the Twin city Motor Bus
Company.
Necessity Of Mass Transportation
would like 20 emphasize to all
citizens IN the Twin Cities metro
polltAn area the Importance OF a
good system OF mass tranaporta.
ton The buses are an absolute
necessity 10 all people who do not
have automobiles available. and
necessary even 10 many Of those
who do have cars. Young people.
the older people and school chill
dren are dependent on tho bus
system Bun transportation has
certain advantages and may have
some Inconvenience, II IL cheap.
or and safer than private trans
portation. and the rider In insured
In case Of accident
Moreover. u u city h ca -four.
ish. n must have mass transpor-
tation. A good transit system h
y civic problcm 70 In not tho
buses that cause congestion In
tho streets. but tho autos. Pri-
waite automobiles average less
than a., passengers. while tho
buses carry so or moro.
Mayor Daley OF Chicago said:
IL our main shopping and bust
ness ccn,era are not 10 be half
offices and half garages, we must
develop public transportation that
Is fast and efficient and econ
official, uulcaa we do ~, a vast
network OF Supcr. highways may
become a Frankcustein Of con.
gcstion."
Here In tho Twin Cities, We
have endeavorcd To establish a
bus fare which viii be adequate
for tho needs OF tho company. but
which will to some degree re.
capture lost patronage.
Theodore w. Khecl. transit OK.
pert OF New York city. recently
said AS the fare goes up, the
riding goes down" Mr.. kheel
called for "a concerted effort UNI
der the guidance and direction Of
city and state officials to solve the
related twin evils of traffic con.
gcstion and transit declines be.
fore u is too late"
In conclusion, would like 10
urge the people of the Twin Cities
metropolitan AREA to support MAS
transportation FOR the reason that,
generally speaking. higher fares
arc the result VI lack ot patron
age
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