A Further Discussion of the Proposals by the Philadelphia Rapid Transit Company Submitted to Councils October 16, 1919, for the Leasing of the City's Frankford Elevated Railway and the Amendment of the 1907 Contract (Classic Reprint)

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Excerpt from A Further Discussion of the Proposals by the Philadelphia Rapid Transit Company Submitted to Councils October 16, 1919, for the Leasing of the City's Frankford Elevated Railway and the Amendment of the 1907 ContractIt is important that these. Committees realize that the acceptance of these proposals will determine the City's future policy in regard to further participation in Transit development. If the City contemplates such further participation, these Committees may well stop and con sider why the City should find itself in an embarrassing predicament because of having built a line which the Public Service Commission certified to be a public necessity, which the Com pany admits it needs, which it formerly intended building with its own funds, and which the City is now ofiering to the Company for a rental which probably does not exceed one-half the amount which it would cost the Company had it built the line itself.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.