AskHistorians Podcast Episode 212 – Public Transport in North America with Jake Berman
The AskHistorians Podcast
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Twin City Rapid Transit - The Streetcar System and Bus System
The streetcar system and bus system was owned by, was basically a family business. And so in the late 1940s, on comes a fellow named Charles Green who is one of those banker types from New York City. He buys a bunch of company stock and says, well, great, they're going to issue a big dividend. I'm going to make a bunch of money. That did not happen because the management of Twin City Rapid Transit said, no, we're going to reinvest this into basic maintenance,.
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