Word: ownership
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Dates: during 1890-1899
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Question: "Resolved, That municipal ownership and management of street railways is desirable...
...Thomas and J. C. Roe were the leaders in a discussion as to whether the Nicaraugua Canal should be held in common by all nations or whether it should be the property of the United States. It was decided that the United States had the best claims to ownership...
...best method of U. S. control is by government ownership: Manson; Public Opinion, XIV, 298 (Dec. 31, 1892). - (a) For public interests. - (1) Complete monopoly should not be run for private profit. - (b) For commercial interests. - (1) Early completion. (2) Economic construction.- (3) Low tolls.-(c) For national interests. - (1) Foreign governments cannot meddle under pretext of protecting capital invested. - (2) U.S. will have undisputed right to canal as a strategic point...
...Government ownership of canal would be unwise. - (a) As an industrial policy. - (1) Gov. undertakings not economically conducted: Lalor's Cyclopedia, II, 572 - (x) Our political system. - (2) Open the door to fraud and corruption. - (b) As a foreign policy. - (1) No single country should control the canal: Sat. Rev. LVIII, 784, and Cleveland's Message (Dec. 8, 1885). - (x) An international affair. - (2) Seriously complicate our foreign relations: Nation, XXXIX, 496. - (x) England and Clayton - Bulwer Treaty. - (y) Other commercial powers interested. - (3) Would lead to acquisition of foreign territory - which is undesirable: Nation, XXXIX...
...condition of the civil service of the United States would alone render Federal ownership impracticable...