TIRED.

Dominion, Volume 5, Issue 1437, 11 May 1912, Page 6

TIRED.

AND READY TO SELL. MB. ZOHEAB TALKS RIGHT OUT. On Thursday the Eastern Harbour ■Aβjociafcion unanimously passed a resolution osking: tho->Yellington City. tarn, 'Borough Council, and Hut County .pany wonld welcome the purchase of its steamers, by tho. local bodies .mentioned. ThTcoLpany, he continued, had recently XS.toeitLttoee steamers, Duchess. C? : bar an*AwafoaVto-the ' Eastbourne Bor%gh Council at book .vain* which was fcss than their actual value. The company had offered to accept the WSs at four and a half per cent. for.the whole ot the purchase money, tat . tho local body had..ncglected tho offei. "The? -company; had ..been, reluctantly, compelled fo increase the return fare from £to ,Is,; 3d.;;and- season tickets proper-, tionately," Mr. Zohrab remarked, becauseof agreement-made.with.its men by which tho ;hours worked wero reduced fand increased the cost of .runnnig by some" £900' per annum.' In addition test &?'< Aft- & Harbour Board., majnng. .in ;all. an added, charge" of -^BiSOO-per annum. , , Mr! Zofcrab wept Bn,to_state that his company , had been 'declare a div&ndJor.the past year because.thera had been- an ■actual'loss-on working for that period. It was only reasonable, he tonteided, that those who used the steamera should pay for them. The additional tolt of ninnU could not be obtained from the shareholders.,Jf the su-Trestion of tho Eastern HsUDOUr u£jod»W and increased' services run, the inevitable «sult would be that.fthejAmpaw RO out of existence: Mr. Xoln-afc suggested that if .those whoTrA-ejfi. so,lsritelym-. teresting themselves al all"times in; .the ferry service and who :«>. willingly -joined in attempts to harass the_ company in its endeavours.to carry on,the trade to,the other side of.harbour, would buy the company's shares and tako , a hand in tho management they would then show some earnest desire to effect improvements, and their own pockets would bear a proportion of the .risk.; 1 ; . &'''",'.. ,". X. ~: : »Opposition, Mr-JZohrab remarked, would-, not be unwelcome to ;the cdinpany.';:; In hia view it would relieve 4he : company of the necessity of keeping-its capital-un-' profitably locked np. in steamers _ ana would also be the means of maintaining the communication between the city and Day's Bay , / in which , places many of tho company's shareholders',were largely .interested. 'He submitted that much of the prosperity.. PS iho-eastern side of the.har-. bour, if -not the whole of it, was duo to tho Ferry. Company, which, hiis added, to its fleet and run increased services from timo to time, in advance of the actual requirements of what was still a very small not "more at the. present time than 400 souls. , ~,.. "There >is.-just one more point which is worth the attention of ,thoso who. are so ready-to'decry tho Ferry Company and the service it runs," Mr. Zohrab concluded "and it is this: Possible intending purchasers of land at Eastbourne, as well as Investors in the company s stock—both of which-are absolutely.'necessary if the; district an3"the"company are to progressare deferred-,fro.ni' buying land"or.snare 3' whilst such a one-sided and selfish outcry is alloyed to continue."