. Annual report 1919. operty and its probable earning power infuture years. 270 TWELFTH ANNUAL REPORT OF THE No. 49 A sale price could not be agreed upon and negotiations were broken off fora month or so but finally the company agreed to accept $2,039,000 of the Com-missions 43/2 per cent., 40-year bonds as payment. A tentative agreement wasdrawn up, which is to be completed if the electors of the municipalities assent toby-laws that will be placed before them within the next month or six week-. Theestimates indicate that some $250,000 will have to be spent to bring the line intofair operating
. Annual report 1919. operty and its probable earning power infuture years. 270 TWELFTH ANNUAL REPORT OF THE No. 49 A sale price could not be agreed upon and negotiations were broken off fora month or so but finally the company agreed to accept $2,039,000 of the Com-missions 43/2 per cent., 40-year bonds as payment. A tentative agreement wasdrawn up, which is to be completed if the electors of the municipalities assent toby-laws that will be placed before them within the next month or six week-. Theestimates indicate that some $250,000 will have to be spent to bring the line intofair operating shape and that the revenue for the next few years will be about$500,000, which will be sufficient to cover all operating and interest charges. There are many improvements necessary before the road will give first classservice, the chief one of which is a satisfactory terminal near the Windsor FerryDock, but these alterations will not be attempted until the road is taken over andoperated under the Commissions One-Man Car, Peterborough Radial Railway. Peterboro Street Railway This road was purchased by the Ontario Government in 1916, along with thepower system in the Eastern District, the whole undertaking being turned overto the Commission to operate. Anyone who has managed a street railway in acity of 20,000 will appreciate the difficulty of giving a service that satisfies thetravelling public and yet pays for itself. When the property was taken over therewere the usual requests for new tracks and cars, so engineers were detailed to makea careful investigation to see if the desired changes could be made. It was foundthat the service given was much better than supplied any other city of correspondingsize, and that the revenue was really not sufficient to cover all legitimate charges. 1920 HYDRO-ELECTRIC POWER COMMISSION 271 It was found necessary, however, to purchase more cars to keep up the service,and after careful investigation it was decided to adopt the one-man
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