Word: transit
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Dates: during 1940-1949
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Suit for $60,000 against the Metropolitan Transit Authority was filed yesterday in Federal Court on behalf of Clarence M. Holloway 2L, almost blinded law student, by his attorney, John Saltonstall...
Refinancing would be a comparatively simple process; at present there is a bill before the State legislature providing for a change in the depreciation system and the recall of the Metropolitan District Obligation bond issue. The same bill would transfer the ownership of all transit structures (subways, elevated lines) from the various cities and towns to the MTA. In addition, Dever has proposed that the MTA, since it is now completely State owned, be relieved of all State taxes...
...system for five years now. One suggestion offered has been to scale the fare in proportion to the distance that a person travels. For instance, the rate on an outlying line, say from Watertown to Harvard Square, would be six cents; the intown rate on one of the main transit lines would be ten cents. Thus the maximum fare for traveling the length of the system (two outlying lines and a main line) would be 22 cents...
...best, operating a public transit line can never really show a profit--not in these days of so much private transportation. Yet the MTA remains for a large number of people a very necessary utility. The public therefore will have to pay either by higher taxes or a fare increase to keep the system running; and the sooner the State realizes that and sets up the mechanics for a more efficient MTA, the less the public will have...
...rental system remains the greatest operative inefficiency. Though the cities and towns of the metropolitan area pay the MTA's yearly deflect, they still demand rental fees from the transit lines for the use of their streets. In Boston, the MTA must pay for the use of all subways and elevated structures because the 'Boston Transit Department built and owns them; the MTA pays the city of Boston over $2,000,000 yearly. The most flagrant inconsistency is that the MTA, though State owned must pay the State for the use of the Cambridge-Park Street tunnel...