Business & Finance: Street Cars

Street car operators and manufacturers of their equipment, who were holding their yearly convention in Cleveland last week, were delighted with the words of their chief speaker—Owen D. Young, lawyer Chairman of the General Electric Co. His company sells service to electric power & light companies, which in turn sell current to street railways.

Few car companies have made money since the War. Cost of equipment and wages has gone up; motor cars have decoyed passengers and, by crowding thoroughfares, have increased cost of running cars.

Many companies by honest explanation of their money troubles or by aid of politicians have succeeded in...