CORPORATION TRAMWAY.
to the editor of the press. Sir,—l glean from your report of the last meeting of the City Council that tbe New Brighton Tram Company applied to be relieved of that condition of their lease of the Corporation tram, whereby sureties have to be found for due fulfilment of contract, and I also learned from the same report that Cr. Reese gave notice of motion to allow the request. Now, sir, I ask is this fair play f Or, to go further, is the Council justified, in the interests of the ratepayers, in conceding its right of guarantee. The main point to mc is this: That tbe question of sureties kept back several intending competitors for the Corporation line, and the Brighton Company were thus left an open field. Having succeed d in obtaining running powers, the Brighton Company have no right to go back on tbe original terms cf open tender. Where the guarantee would mean expense to small capitalists, to tbe Brighton Company it is a matter of form only.—Yours, &c, Fair Play.
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Bibliographic details
Press, Volume XLVI, Issue 7253, 8 March 1889, Page 6
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177CORPORATION TRAMWAY. Press, Volume XLVI, Issue 7253, 8 March 1889, Page 6
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