Word: ownership
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...appointed by various organizations to information. Governors, business men, the general public--all are discussing the situation. And it is essential that they should, for the financial soundness and credit position of the railroads are dependent upon the character of the merger, the future success of private ownership and operation is involved...
There are some who would have "One Big New England System. They emphasize historical geographical, and sentimental reasons and among the possible financial solutions, a states' guarantee of finances which might; lead to governmental control, operation, or even ownership. That the railroads could be on a by adopting such a plan is dubious. The short New England roads unfavorably situated, cannot make a profit alone when operated under a rate-making schedule which for the larger and stronger roads in the Eastern territory. If they were to charge enough to yield the statutory rate of return upon property value...
...through rates will disappear. All the earnings from one system will go into a main treasury from which the subordinate operating units will receive the necessary support. In this way the railroads of New England will be restored to a sound financial basis and the spectre of public ownership avoided...
...principle of city transit development is in reverse of that followed under private ownership and operation of street railway facilities. Expressed in another way, this principle means that city transit should precede the population not follow the population. This is the fundamental basis of a proper transit development. This principle cannot be emphasized too strongly. Only by utilizing this principle as the guiding policy of future transit development can the existing conditions in our large cities be cured...
...apparant, I think, that the Government must have more control and greater authority over the coal industry. Whether government control will be sufficient and efficient or whether government ownership will be necessary, it would be difficult to determine this time, but the public cannot longer be without a voice in the operation of this industry which is so vital to the existence of the public...