Boston Gas Capitalization Cut and Price Cut Planned
A legislative committee report endorses a $15,124,600 capitalization for Boston Consolidated Gas, combining existing company equity with about $6,000,000 in debt. Gas is to be priced at 90 cents within a year, with surplus public assets not to be capitalized, signaling a public victory and compromise unlikely to meet strong opposition. The piece praises the plan as a public-spirited reform backed by the Public Franchise League and The Post. It also notes a new monthly state treasurer’s statement initiative to inform citizens about treasury conditions, aligning state finance transparency with federal practice.
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Boston Consolidated Gas Company
Commonwealth of Massachusetts
Public Franchise League
the Post
Dollar Gas
Wiggimave
Sam
Treasury
Washington
Voters Reject Control by Any One Group in Massachusetts Law
A committee declares that no man or group may dictate Massachusetts legislation and that the people retain the mandate. It also notes a recommendation to involve gas commissioners and Governor appointees to study automatic price adjustment and stock dividends, i e the sliding scale, for gas companies. The sliding scale was not adopted for Boston Consolidated Gas but is viewed as potentially valuable for properly capitalized firms.
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Massachusetts
Boston Consolidated Gas Company
Can a Working Woman Live on $250 a Year
The Boston Post reviews Edward Atkinson's claim that a working woman can live well on $250 annually. It notes experiments by wage earners in the city under Atkinson’s supervision, but argues such extreme frugality is impractical and harms normal life and efficiency, calling it wasteful rather than sensible economics.
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Edward Atkinson
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Squirrels Rise in Cambridge and City Notes
North Cambridge streets show a surge of squirrels while local politics stall with no civil service applicants after P. P. Sharples resigns. The Metropol itan May party is planned for Dudley Hall Roxbury. Retired Brookline Lt George F Dearborn leaves police service on half pay after 35 years. Special Officer Forristall boosts West Newton grounds with botany know how. Stealthy Steve Buckles to speed on a train endangering passengers. train crew to repair tunnel. story continues tomorrow. Lieutenant George Norton promoted to Captain at Roxbury Engine 14. Somerville High plans new baseball suits. City Engineer Bailey installs wire screen for reporters.
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Steve
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Malden Mayor Tests Police Chief Picks After Withdrawals
In Malden Mayor W A Hastings faces a crowded field as candidates for police chief swirl. The withdrawal of George H Cross removes a leading name and signals uncertainty among Aldermen about confirming any nominee. Ex Deputy Chief D W Sullivan appears out of contention for this year.
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W. A. Hastings
Malden
George H. Cross
D. W. Sullivan
Governor Douglas Attends Taunton Luncheon With Ex Councillor Hall
Governor Douglas and the executive council visited Taunton to inspect the insane hospital and were hosted at a luncheon by former Councillor Frederick B Hall. The event combined official inspection with a social gesture in Taunton.
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Hall
Douglas
Executive Council
Frederick
Taunton
Post Letter Box Moral Issue of Merger
To the Editor the Post argues that Harvard and MIT presidents seek a technical legal answer to siphon funds from a Gordon McKay bequest, duplicating the trust and undermining the donor’s intent, seen as a betrayal of trust by plain readers in Puritan conscience.
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Massachusetts Institute of Technology
Gordon McKay
Massachusetts Institute of “Technology
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