Electric railway journal (1916) (14572436657)

Identifier: electricrailway481916newy (find matches)

Title: Electric railway journal

Year: 1908 (1900s)

Authors:

Subjects: Electric railroads

Publisher: (New York) McGraw Hill Pub. Co

Contributing Library: Smithsonian Libraries

Digitizing Sponsor: Smithsonian Libraries

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lic Service Commission held that everypossible means of increasing the business and raisingthe efficiency of the system should be exhausted beforerates should be raised. If such a principle is to beapplied by the special commission to the Boston Ele-vated case, the company should make a most creditableshowing. While we have not included in our abstractof the companys brief the descriptions of its variousmoves toward increased economy and efficiency, owingto the prior treatment given to such topics in this jour-nal, we appreciate their importance in the case nowpending in Boston, and we desire to emphasize the factthat only the increased cost of labor and materials hasmade it impossible for the company to show in itsoperating statements the reductions in cost that it hassecured through improved methods and greaterefficiency. In regard to this point also, therefore, thecompany has a reasonable basis upon which to ask forfinancial relief. 666 ELECTRIC RAILWAY JOURNAL (Vol. XLVI1I, No. 14

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September 30, 1916) ELECTRIC RAILWAY JOURNAL 667 Kansas City Railway Gains Public Favor An Account of the Steps Taken by the Kansas City Railways to Change Adverse PublicOpinion, Bring About Political Peace and Establish Conditions Which WouldPermit Refinancing on a Sound, Permanent Basis AFTER a five-year storm of querulous criticism anddestructive regulation the Kansas City Railways, ofKansas City, Mo., and Kansas City, Kan., emerged prac-tically over night into the sunshine of public favor andpolitical peace. Broadly, the change was due to the factthat the public had grown tired of the chiding of thepress and the fault-finding of the politicians. Businessinterests also found that the abominable treatment ac-corded the outside capital invested in Kansas Cityspublic utilities had spread broadcast and that the finan-cing of any project in or about Kansas City had becomealmost impossible. And so the story goes, as it hasand is going, in a gone, number of other communi-ties bound upon d

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1916

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