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Show Plan to Reduce Deficit Offered The United States might learn a lesson from the French experiment in government ownership of public utilities, according to Dr. Wilford I. King, New York economist. Recalling that some years ago the French government took over the public utilities, intending to use profits to balance the budget, he pointed out that under government govern-ment operation the utility profits soon turned to losses. "If taking over the utilities produced pro-duced losses for France, why not reverse the process, and turn over to private concerns our Federal power enterprises, which are now costing our taxpayers heavy losses annually, and thus reduce the size of our current deficit?" he asked. |