. Electric railway journal . f the city operate at 13,200 volts and consist oftriple-conductor lead-incased cables laid in vitrifiedclay duct subways. The Walnut station was designed and constructed bythe E. W. Clark Management Corporation, throughwhose courtesy the foregoing illustrations and datawere obtained. Who Put the Nick in the Nickel? ACURRENT bulletin issued by E. J. Cooney, execu-tive assistant Rhode Island Company, Providence,R. I., in the interest of a 6-cent fare contains a pre-sentation of the rising costs question that will un-doubtedly be of interest to other railway men. Them


. Electric railway journal . f the city operate at 13,200 volts and consist oftriple-conductor lead-incased cables laid in vitrifiedclay duct subways. The Walnut station was designed and constructed bythe E. W. Clark Management Corporation, throughwhose courtesy the foregoing illustrations and datawere obtained. Who Put the Nick in the Nickel? ACURRENT bulletin issued by E. J. Cooney, execu-tive assistant Rhode Island Company, Providence,R. I., in the interest of a 6-cent fare contains a pre-sentation of the rising costs question that will un-doubtedly be of interest to other railway men. Thematerial is shown by the accompanying illustrationsand the following paragraphs: For some years past electric railways have beensuffering under burdens placed upon them by variousmunicipalities in the form of taxes, etc., until investorshave looked upon them as questionable security. But the situation became really serious in 1914when war broke out in Europe, shocking the wholeworld. As the months passed all lines of business. Rising Costs I am speed am gradual, with never a affect both the rich and the attack persons or objects, showing nopartiality. I come from unseen quarters and leave a wide shake the foundations of the greatest giants of find no structure so great as to be able to withstand my am always am Rising Costs. TWO PAGES OF RISING COST BULLETIN ISSUED BYRHODE ISLAND COMPANY became affected by a sturdy youth named RisingCosts. As he grew he stretched out his tentacles andpulled in one commodity after another, until he reachedthe public service utilities. Nothing was too big for him to tackle as he wentonward, and the electric railways began to feel theeffects of his attacks. The nickel that for so manyyears gave them profits on their huge investment beganto weaken, until Rising Costs cut a nick in the nickelthat greatly reduced its value 412 Electric Railway Journal Vol. 51, No. 9 Connecticut Com


Size: 1547px × 1616px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: ., bookcentury1900, bookdecade1900, bookpublishernewyorkmcgrawhillp