. Electric railway journal . se, is that with given rates thepublicly managed corporation can attain prosperity anda state of full development much more easily than canthe private company. Nothing could be further, fromthe truth. In support of this contention we wish to citethe opinion of W. M. Acworth, the noted Englishauthority, as recently expressed before a special hear-ing of the Newlands joint committee on interstate com-merce. In his opinion, history conclusively refutes theidea that government ownership promotes , under existing rates, private capital is not beingfound in
. Electric railway journal . se, is that with given rates thepublicly managed corporation can attain prosperity anda state of full development much more easily than canthe private company. Nothing could be further, fromthe truth. In support of this contention we wish to citethe opinion of W. M. Acworth, the noted Englishauthority, as recently expressed before a special hear-ing of the Newlands joint committee on interstate com-merce. In his opinion, history conclusively refutes theidea that government ownership promotes , under existing rates, private capital is not beingfound in sufficient quantity for extensions and improve-ments that are urgently necessary, to suppose thatserious statesmen would for this reason decide ongovernment ownership is to suppose the compare the burden on the public of such a step,Mr. Acworth believes, with the alternative of allowing the existing companies to raise their rates by a smallamount, whichjwould make all the difference betweenpovertyspeaks MAKE I. 100-PERCAMPAIGNof operationor on the part 0 would be almost farcical. Thuss. resent movement for higherfares\an electric railways to com-nsata, in part, for increased costa cessation on their part,issions, to introduce all pos-sible economies which will not impair the service. A6-cent fare instead of a 5-cent fare is equivalent to onlya 20 per cent increase, and this is small compared withthe increase in cost of many, if not most, of the factorswhich go to make up the cost of electric railway opera-tion. Constant effort for economies, therefore, is justas necessary now as ever before. Indeed, it should bepressed even more vigorously. Skip stops, as introducedin Baltimore and elsewhere, will help some. Thereshould be continuous effort to introduce one-man carson those lines which are suitable for such possible through schedule rearrangement andrerouting of cars should constantly be studied, as shouldall minor economies in railway operation
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