128 5
Ist Class 637 Copper Cents—05.63% Mex. Conte 2.26, Sed Class 4.52" Couper Cents—65.63% x. Cents 1.50:
It is therefore obvious that, in terms of silver values, our fares charges to-day are slightly less than they were in the year 1913, According to your article our fares charges to-day are four times what, they were some years ngo.
8. The following table gives the average rate of depreciation of Gonpper Coins ut intervals. from 1918 to 1928;—1918 9% oF 190.20, io2t Bore or tana Gonper es pers
1028 491% or 1TH28 4035 Sere or 28.10 102 82.00% oF 277.78 1028 (May) 05.69% oF 20095 will be observed that the ins crease has been persistent throughs out the years, The Company periodically adjusts its fares charges in terms of con cents in order to catch up the creasing rate of depreciation, Thi is surely only reasonable, In conclusion I must again express regret that no application for the facts was made to us prior to the Publication of the articles referred Had auch a course been followed it would, I submit, have been fairer to all concerned, Tam, ete,
Text read from the printed page and cleaned; old type leaves the occasional error.