The Ontario Scrapbook Hansard

Ontario Scrapbook Hansard, 26 May 1920, p. 1

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.e from L ue. It was in" ' l the interest of the public. because . the public was the sufferer in the long run. Traffic Manager Waller of the gland-icon Street Railway was the rat to speak. He said it was very likely that the men would strike in Hamilton to-day and that the Rail- way Board would take over the lines. The average fare in Hamilton was four cents a mile. The men were demanding from 55 to 65 cents an hour. The company was paying no dividends, and on the radian lines into Hamilton there had been a tbs, 'ttttut in every case. It. would be im- te,,','?,',,"', to operate if the men's de- mands were met. He would be very iglad to have the board take the rail- way over. l "The whole 'bunch thrown to- 'gether make money," said Hon. Mr. Rollo, referring to the various radial lines, street railway and other com- lpanies. I Mr. Waller said there was no "water" in the stock of the com- ipany, and that it bought its power lfrom the Cataract Power Company (at $11 per h.p. lm, Profit for 25 Years. ; Chas. L. Wilson, manager of the 'Toronto & York Radial Railway. said they had been operating the radial for twtmty-flve years an had made no money. It had never paid a dividend. and it now had a deficit. Someone suggested that the city was - going to take it over. "The city has been talking long enough about -7 " - -N-. _ "P- it," was the reply. He objected to IN FiDN F,FiDAI . MAh 26 1920 being restricted to two cents a mile --r---r . -. when the London & Port Stanley . - was allowed to charge 2.7 cents a IlBlll Introduced by Charles mile. The company had had no labor troubles, and did not want any: i McCrea of Sudbury Gets He admitted that the lines had been I . bou ht chea ly. , Drastic Treatment at g p H d f L l C Fifteen Per Cent. Cash Fares. i n C 1 , 8 (f) L ega om It. J. Fleming said that only 16 mi . per cent. of the fares on the street ttee 0 egislature railway to-day were cash, and that l ---------- the average fare was 3.9 cents. He a pointed out that materials had gone ISUBSTITUTE BILL up 100 to 300 per cent. "We have I been able to carry on only by neg- GOES TO HOUSE looting the roads and the cars." He i said that in three years the increases ' to the men had cost the company t [ . . $200,000, $800.000, and last year I R. J. Fleming, Ch ief $1,500,000. The present demand by i the men for an 85-cent wage would Speaker Before can" mean nearly three millions. . Mr. Fleming maintained that a : mittee, Talks About Lean Railway Board stepping into a com- _ . . pany's affairs destroyed it, and he _ Years and Civic Cars Be.. alleged that the credit of the com- . pany had been seriously hampered _ Ing Crowded Worse F by the board stepping in last year. "All power is given to the board 1 Than T.S.R. Cars to crush and destroy, but no power _ , --.-- to construct and build up. The I _ board should not be allowed to enter , W hen the time comes for a tghomr.. a company's premises before the idown on an increase of street rail- company has a chance. If the com- 2w , f _ . , ' F - pally cannot take advantage of Par, i, as ares m Toronto the City Coun chance, then let the board step in." l to" or the people by the ballot may ' The city had been given $12.000.-i ideeide It. The. Legal Committee of 000 in 28 years by the communal {the Legislature last night replaced last year the BUM: :nimunting to 16: (entirely Bill 235, introduced by 'j'ii'it,-,1,c1hti/" the it? receipts, "i I , ua, . :Charles "f"") of Sudbury, and "Toronto would get the benefit of lwh'ich would give the Ontario Rail- the increased fares as well as the 'way and Municipal Board the right company," commented Mr. McCrea. . , . "The corporation yes; the citizen 1 to emit _ . a ' l t i p companies increasing fares. no," interjected Col, Price. l .with another hilll proposed and ldmwn up hy the members of the Fleming and Dividends. i T 'Onmrio Railway and Municipal The last dividend was three years lBoard. ago, and It was tour per cent. Mr. 1 There was opposition to the last. Fleming said that last year a half- I ' . , A, million, which should have gone in- "ton. D. Carmichael, J. w. Curry to new equipment, went into wages (tSoutheast Toronto) and Col. w. H. for the men. Last year the com- l,Price fParkdale) opposed the old pany had a net profit Of $13,000, ibill and the substiiuie therefor to the _and With the same wage scale in " di h Th ff t f h force this year as there was for the a?" u? . . e e ec 0 t e new {latter half of last year, $750,000 [b111, which will go to the House. is more would be required to pay the that the Railway Board cannot in- 'meli._ Speaking of dividends, Mr. crease fares. The City Council. :Fleming said that for a number of . h . lyears it was four per cent.; then five elt er on its own accord ora vote of E138? cent.; then six per cent., and the people, may agree to allow the eight per cent. for six years from company to increase the fares. The i910 to 1916 Ir, :3". There had _ - . . 000 000 of stock matter goes tack to the two parties can an 1wn1e 0 ' , of the original agreement. to the shareholders. . One of the members of the committee suggested I An Animated Debate. " the word "melon," but Mr. Fleming; . could not agree. l, At various times the debate mg Stock was now worth about 40! animated. Chas. McCrea, Conserva- ' ' r . , cents on the dollar. He said that itl the member fot Sudbury, who in- was t f t . troduced the original bill, said it was no or s reet railway stock that . . $135 had been offered on one occa- introduced in the interest of rall- 1 f h way companies which found that it _ s on or t e whole thing, but for ,w'as impossible to meet the expendi- C .

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