Word: ownership
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Dates: during 1890-1899
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...Best method of government control is government ownership.- (A) Public interests demand it.- (a) Monopoly of individuals is undesirable.- (B) Commercial interests demand it.- (a) Early completion thus insured.- (b) Tolls would be lessened.- (1) Enterprise would not be a money making scheme.- (C) National interests demand it.- (a) There are thus no pretexts for foreign interference.- (b) Undisputed right of use in case of war is of greatest importance...
Best general references: Political Science Quar., III. 576-595 (Dec., 1888); Engin. Mag., V. 725; A. R. Conkling, City Govt. in the U. S.; Nation, LVIII, 285 (Apr. 19, 1894); LVI, 449 (June 22, 1893); LX, 102 (Feb. 7, 1895); A. R. Foote, Municipal Ownership of Quasi-Public Works; John Stuart Mill, Political Economy, Book V, ch. 11, 1-6; Bastable, Public Finance, 184 ff; Bryce, American Commonwealth, II, 367-385 (on Philadelphia Gas Ring); A. C. Burrage, Municipal Lighting; Hadley, Railroad Transportation...
...Municipal ownership of quasi-public works is unwise in theory.- (a) It is an undue extension of the powers of government: J. E. Dillon, quoted in speech of E. W. Burdett before Mass. Legislature, p. 17.- (b) It tends to paternalism and socialism: Wm. E. Russell, quoted, Ibid, p. 18.- (c) Discourages invention and improved methods in public works.- (1) Kills competition: Speech of A. C. Burrage, p. 18.- (2) Removes the incentive to profit making: Pol. Sci. Quar. Dec. '88, p. 590.- (3) Leads to conservatism.- (d) Public labor less efficent than private: Chairman of Boston Park Commission...
...present conditions in American cities are such that municipal ownership and management of street railways would be undesirable.- (a) Those who control municipal politics are not men of good business capacity.- (b)Corruption would be increased.- (1) All employes of street railways would become part of the political machine.- (c) Would increase the already serious problem of municipal indebtedness: Bastable, p. 184.- (d) In large cities municipal lines would clash with suburban lines.- (e) The remedy for present evils lies in additional regulations by the city government: Burrage...
...Government ownership of quasipublic works has failed in practice.- (a) State ownership has proved unwise.- (1) Railways in Europe: Hadley, pp. 217, 228. 235.- (2) Telegraph system in Eng and: Pol. Sci. Quar., Dec. '88, p. 590 ff.- (b) Municipal ownership has proved undesirable.- (1) Gas-lighting.- (x) English Cities: Board of Trade Reports to Parl., 189.- (y) Philadelphia: Bryce, Am. Com., 367 ff.; Speech of P. A. Collins before Mass. Leg., p. 12.- (2) Electric Lighting and Power: M. J. Francisco, in Engin. Mag., v. 725.- (3) Waterworks: Boston, Albany, Philadelphia: Conkling, pp. 21, 100; Burrage...