The Archive · 1937

SHANGHAT'S TRAMS

"Few places in, the Settlement are not within a. couple of yards of a tram, or trolley bus." In an interest-Ing survey of the rise and develop ment of the tramway system, of Shanghai "Oriental Affairs" for July comes to this conclusion. In cheapness of" fares, immunity from aceldent—in 1996 there were only 1.39 accidents to every million passengers carried and "in May 1997, when 10,847,000 passengers "were carried trams were concerned in only 15 aceldenty involving minor personal in-Juries" ~satistictorlly. steady—dividends—never less than 11 or more than 13 per cent. during the last ten years, the yield at the present price Of the shares (£2:6s) being 5.7 per cent—regular employment given to 2750 men, and the important contribution which they make to the solu-lon' of the transport problem of Shanghai, to sny nothing of the {$285,000 which they pay in royalties to the Settlement's revenues, the trams constitute a valuable part, Shanghai's civie machinery. They carried over. 112 million. passengers 1996, 'The through' running established with the excellent French Concession tramway system adds of course to the general usefulness of both organizations. It would be satfsfactory if that wise ce-ordination inthe public interest could be imitated by other utility transport

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

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