TRAMS FOR PETONE.
MUNICIPAL OR SYNDICATE? In view of the plebiscite of Petone ratai payers which will be taken next Wednesday, the Mayor, 31 r. ,T. W. M'Kweu, oxplained IV position to alxnit 120 ratepayers at St, Augustine's Hull lapt evening. The speaker commenced by reading tlio proposal of the syndicate, and then proceeded to outline, the cost of various schemes under the control of the borough. The petrol electric system would cost 4110.000, and the running cost would b» approximately £uW per year. A profit of A'ali per year «ould be made on the undertaking wnich he was dealing with, assuming thnt 2500 people (spent Id. per dav in car fares. Thnt would be one-third of th« population, whereas in Yfang.inut figures showed that half the population spent one penny a day. In regard to ihe Edison storaiio battery ;-ystoni, the speaker stated that it omilcl l>e installed for .£12.000, on the Bench syslr-m, mid i'he running cost per year would tie .ai.SO, also (here would up mi conductors, as such officers wpra superfluous on Beach cars. The oars would only require charging at night, and. with Ihe power at present used, together with an extra engine, it could he installed even more cheaply than had boon previously quoted. If conductors ware employed there, would bo a loss of ..C2t) per yak but if otherwise the profit would he ~C6OO per year. Mos-rs. t'olley and Son were pr«pared to put down ,i trackless trolly stsfem, consisting of three motor-cars,' with, trailer, with a seating capacity of 2S, for j eu-d not exceeding ,08300." The estimated running civt would be about .83782, which would net a profit of .£2O per venr. On the motion of Mr. Fi'ndlav, Mr Jl'Kwen was accorded a heartv vole' oj thanks.
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Dominion, Volume 5, Issue 1445, 21 May 1912, Page 4
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296TRAMS FOR PETONE. Dominion, Volume 5, Issue 1445, 21 May 1912, Page 4
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