The Street Railway Settlement in Cleveland

E. W. Bemis

The Quarterly Journal of Economics, 1908, vol. 22, issue 4, 543-575

Abstract: The law as to franchises in Ohio; the "consent law," 543.—Three difficulties: consents, reaching the center, finances. Mayor Johnson's guarantees, 545.—Earlier competing companies, 548.—Negotiations with the main company, 549.—Physical value of property; questions as to paving, overhead charges, 551.—Method of determining franchise values, 553.—Three transactions for effecting the transfer,—the sale, 559; the security grant, 559; the lease to the Municipal Traction Company, 561.—Financial calculations and expected economies of the Traction Company, 566;—The strike of the first few weeks and its defeat, 571.—Mayor Johnson's attitude, 574.

Date: 1908
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