Looking Ahead in 1924
Our cover page depicts the entry of 1924 New Year as the radiant boy full of happiness and promise, bearing great investments for Southern California during the ensuing twelve months. His entrance bespeaks a confidence, because is represents a new capitol investment on the part of our railway management dedicated to the service of the public.
In round numbers, this investment represents capital to the extent of $7,350,000, and, while the authority for some of these expenditures was received during the latter part of 1923, it is the new year that brings most of them actually into being. In the list of new improvements and betterments to come during 1924 are the following:
Hollywood tunnel ………………………………………………………………….. $3,000,000
Fifty 600-class cars (local service) …………………………………..…………… 1,000,000
Fifty Interurban cars ………………………………………………………………… 1,850,000
San Gabriel line extension and Long Beach 2nd St. line extension …………….. 250,000
New sub-stations ……………………………………………………………………… 350,000
Additional block signals ………………………………………………………………. 250,000
Additional buses for auxiliary service ……………………………………………….. 200,000
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$7,350,000
In reviewing the above, it would seem that our many employees are given much of which to be proud and we may be pardoned if we are boastful in telling our friends and patrons what the Pacific Electric has been and is doing in order to keep pace the phenomenon growth of Southern California and in doing so its part as a community builder.
As employees, we may well be proud of the trust bestowed upon us and the privilege of being each in his own activity an operator of this great property, not only one of the largest industrial activities of the West, but by far the greatest interurban electric railway in the world.
Oftentimes we are asked the question “What is the Pacific Electric doing as a member of the community of interests of Southern California?” It would seem that the above is a most complete answer to the inquiring minds and most conclusive showing of our confidence and interest in our community, backed up by millions of dollars in support of our assertion. It is well to bear in mind that our large expenditures is new money brought into and invested in Southern California.
