THE FAIRY PRINCE

Auckland Star, Volume LII, Issue 303, 21 December 1921, Page 4

THE FAIRY PRINCE

AND THE SLEEPING BEAUTY. AWAKENING OF TAKAPUNA. Tiie Takapuna Borough Council and the Takapuna Tramway und Ferry ComI rauy got a bit closer together at a conference last evening, when a' delegation from the company met the Mfc.vor and Council to discuee proposal? niaciiS by the jlfonner for a readjustment, of fare*. ' Under the deed of delegation the company has to run thr> trams at a penny a section, but they at* not to restricted in the •matter of steamer fares. Mr. A. jS. C. Brown (for the company) strcaefcd the desirability of a more business-like ■arrangement. He admitted that it was desired to avoid competition on the water, but that the proposals submitted would save money to the ratepayers. "The be.=t way to Uo that," interjected the 'Mayor (Mr. GouM), "would be to put you off the harbour with competi- | "If you want to save money and 'cut our f/iroats' do so," replied Mr. Brown. "But we assume you recognise that the shareholders of our company are entitled to a fair return for their capital." The Mayor: They are business men, and all business men are not getting an adequate return for their money. •Mt. Brown: We have »erved you well for 11 years, and have paid one dividend. We have carried you safely, and with a fair degree of regularity. ' In fact, we might almost claim to be the "Fairy Prince," at whose coming the "Sleeping : Beauty" of Takapuna. awoke.