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One factor that this article doesn't mention is that many streetcar companies were locked into contracts that prevented them from raising fares above 5¢. Natio
by Sniffnoy 11y ago
One factor that this article doesn't mention is that many streetcar companies were locked into contracts that prevented them from raising fares above 5¢. National City Lines didn't come in until well after problems had already started. (Pulling that from here: http://www.vox.com/2015/5/7/8562007/streetcar-history-demise http://www.vox.com/2015/5/7/8562007/streetcar-history-demise )
- SilasX 11y agoWas it physically easy to raise prices by a penny? IIRC, there was an account of an issue with Coca-Cola's vending machines and them not wanting to raise prices and finding all kinds of convoluted workarounds, including asking the treasury to issue a 7.5 cent coin.
- astrodust 11y agoThere are Coke signs attached to buildings that to this day advertise 5 cent cola.