Word: ownership
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Dates: during 1920-1929
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...dispute over Yap lies not in the ownership of some eighty square miles of territory, but in the fact that the island is the key to telegraphic communication with the Far East. "All messages for the Dutch Indies," President Mackay of the Commercial Cable Company has testified, "were sent via Yap under normal conditions; and during interruptions of our cable between Guam and Manila, which cut off all communication with the Philippines and China by our route, we diverted traffic via Yap to Shanghai over the German-Dutch system." American commercial expansion demands communications with Asia that will...
...proposal to return the railroads to government operation denies a fair trial to the private managers, who have recently received them in a depleted condition from the government. "Public ownership and development of all natural recources" smacks too much of paternalism to appeal to the average American mind. Attempt to retain the present excess profits, estate, and income taxes, augurs an intensification of these awkward and meddlesome methods of taxation. In order to attract the farmer into this scheme, the program prescribes for him a more flexible and accessible credit system. The proposals for legislative control of the meat packing...
...restoration of the railroads to unified government operation; control of the meat packing industry by legislation; retention of the excess profits, estate and income tax on land holdings; short time rural credit system for farmers effected through a system of co-operative banks aided by the federal government; public ownership and development of all natural resources; and the defeat of compulsory military training...
...only distorted what facts he has given, but has written from an essentially short-sighted and illogical point of view. He has compared the present production of American and English companies, not the future potential supply controlled by them. Then, too, he has failed to see that American ownership of a controlling interest in Imperial Oil and other British companies merely entitles this interest to a percentage of their earnings. It comes far from bringing this oil within the control of the American government. A mere cursory reading of the articles of incorporation of these concerns would show where...
Consequently the rank and file of Labor, as well as the more sane of the leaders, have refused to be stampeded into the radical, "cooperative ownership" group which is associated with the international labor movement. They are willing to work peacefully. The problem of Capital and Labor may be a very long time in the settling; but at least such sobriety and good sense is excellent omen for the future...