File:The Street railway journal (1902) (14759385714).jpg

Identifier: streetrailwayjo191902newy (find matches)
Title: The Street railway journal
Year: 1884 (1880s)
Authors:
Subjects: Street-railroads Electric railroads Transportation
Publisher: New York : McGraw Pub. Co.
Contributing Library: Smithsonian Libraries
Digitizing Sponsor: Smithsonian Libraries

View Book Page: Book Viewer
About This Book: Catalog Entry
View All Images: All Images From Book
Click here to view book online to see this illustration in context in a browseable online version of this book.

Text Appearing Before Image:
90,300,000 in1900, an increase of 4.65 per cent, against 30 per cent inBerlin. The following financial figures of the Hamburg road are TRACK CONSTRUCTION ON ZOSSEN LINE Naturally, little attention could be paid by the companyto the demands of the public for lower fares in view ofthese payments, and the same condition of affairs holdsthroughout Germany. There are, in addition, other taxes,and many companies are required to pave the streets at acost which runs into millions of marks. This money hasto come indirectly from the public through fares paid; yetthe ordinary citizen wonders why the company refuses toequip doubtfully profitable lines. Taxes feel especiallyburdensome in the years when no dividends are paid, as in1892, the year of the cholera in Hamburg. That year thestockholders received nothing, but the State took 417,000marks from the company by the 1 -pfennig tax alone. From the Berlin reports for 1900 some interesting con-clusions may also be drawn. The Grosse Berliner Stras-
Text Appearing After Image:
DUSSELDORF-KREFELD ROAD WITH CARS WHICH RUN AT 60 KM PER HOUR very instructive and typical of the development of Germanstreet railways, as the company is one of the strongestin Germany. During the thirty-six years of its existenceup to 1901 the average dividend has been 4.87 per cent,and the aggregate dividend payment has been 14,406,468marks. During this time the city has received a percent-age on the gross receipts, on a basis of 1 pfennig per ticket senbahn (omitting its auxiliary lines) had expended up tothe close of 1900 for street cleaning and improvements, suchas pavements, etc., a total of 75,000,000 marks, a very hand-some sum, which explains why the fare has not beenlowered. The custom, inaugurated centuries ago, that the businessman should reside in close proximity to his place of busi- 676 STREET RAILWAY JOURNAL. (Vol. XIX. No. 23. ness, and, if possible, in the sarne house, is still in vogue inmost large continental cities with but few exceptions. Thisfact probably explai

Note About Images