. Electric railway journal . rety hond as stipulated above. The proposal wasstated to be open for consideration for a period of not lessthan three weeks, but the right was reserved of withdrawing iton one weeks written notice after the lapse of two weeks ifno contract along the lines set forth seemed likely to thebidders. Mr. Spragues proposal was accompanied by a number oftables and other data to prove the greater desirability of hisproposal than of that recently made by Mr. McAdoo or theInterborough Rapid Transit Company. Among other points shows that the investment required by th
. Electric railway journal . rety hond as stipulated above. The proposal wasstated to be open for consideration for a period of not lessthan three weeks, but the right was reserved of withdrawing iton one weeks written notice after the lapse of two weeks ifno contract along the lines set forth seemed likely to thebidders. Mr. Spragues proposal was accompanied by a number oftables and other data to prove the greater desirability of hisproposal than of that recently made by Mr. McAdoo or theInterborough Rapid Transit Company. Among other points shows that the investment required by the city wasabout $20,000,000 less than in the McAdoo proposal for agreater mileage and that it proposed a prior lien at a definiteand reasonable rate on net earnings for $10,000,000 less privatecapital and also a larger ratio of division of surplus Sprague also pointed out a number of engineering featuresin which his proposal was very desirable as compared withothers offered to the city. MESSAGES OF THE GOVERNORS. Route Proposed by Mr. Sprague The following abstracts from the messages of the Governorssupplement those published in the Electric Railway Journalof Jan. 14, 1911, page 75, and Jan. 21, 1911, page 125. GOVERNOR W. R. STUBBS OF KANSAS At the last session of the Legislature I recommended theenactment of a public utilities law which would provide for apublic utilities commission to take the place of the presentBoard of Railroad Commissioners and enlarge its powers tocover all State-wide public utilities, using the present railroadlaw as a basis and adding thereto the best features of theWisconsin and New York public utilities laws. I now renew this recommendation to this Legislature andrecommend that you enact a law that will place all State-widepublic utilities, railroads, telegraph, telephone, street railway,pipe-line, express and Pullman companies and common carriersof all kinds under the control of a State commission havingfull authority over the issue of
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