The Archive · 1939

Question of Utility Surcharges

Futility. of Comparing Settlement and Concession Rates Stressed

PI on April 19 "Finance and Commerce," in its dealing with questions raised at the annual meeting of rate-issue of April 26 has the following to say on the subject of "Public Utility surcharges."

Mr. Stewart accomplished nothing because he endeavoured to accomplish too much. A large part of his speech upon the Economy Committee dealt with the question of giving exchange compensation on ai ne-third of the salaries of "A" class employees instead of on one-seventh, and with the hi elp of charts he endeavoured to demonstrate what this change meant on a percentage increase basis.

Admittedly this point has never been satisfactorily explained, and the speaker might have secured a useful elucidation of the mystery if he had contented himself with a direct question which could have been given a direct reply.

Text read from the printed page and cleaned; old type leaves the occasional error.

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