Show I ENGLISH SYSTEM WRONG Municipal I Ownership Alon Somo Lines Said I to lie lL New ew York Feb 22 W. V. W. W II U. Mallock who ho Is giving a series of lectures at al Columbia University under tinder the aU aus- aus of the he National Civic Federation discussed d the relation of or municipal ownership to socialism after one c of or his hisa a addresses dr s Of or course he lie said I am lot hot going going Into municipal trading as it itis its i Is s called caled In England from the standpoint standpoint stand stand- point of the accountant hut tUt that Is hardly necessary for COI It Is Ig n a well well- wll known cnown fact that municipal trading ha haa haS hai haSa haia a tendency toward the thc wrong side ile of OC the he ledger The now notorious example ex example example ex- ex ample of or the Thames steamers In lii London Is too loo well wel known to need com com- Ui nent ment C itt Lord Avebury formerly chairman of or the Iho London count county council counci In hi hl his recent book on municipal anti and anc national tradIng railing compare compares two cities cites one of oC which operates Its lighting plant anti and ane the tl other of which is lighted by a company The lie he city where the l lighting hUng Ls Lq bong bo be- bC- bC lug Ing ng done cone by a municipal corporation corporations Is 18 s suffering from flom rain increased taxation with wih no reduction in l lighting costs cost while the tho other city is getting belter bolter fight Ight and l 1 at much lower rate The London n count county council coulcH has In mind the vast project of taking over overall ill all ni the tho electrical business In tn the Ow cl city but ut but what member of or the Lon London on count county council has famous counci through his knowledge of the pl electrical cUI cal Industry Whal hat member has helped to advance that business a single step Stel Some Rome of the boroughs of Lon London on have o already taken laken over ocr a number of electrical undertakings s ith the distressing r result sul that while the they arc are almost el universally l losing Josh mon money the consumers arc forced force to tu pa pay hay higher rates th than n In the iho boroughs where the lighting Is done donl h by private companies The members of or the count county council COUl- COUl coun coun- cil cl who were elected on a socialistic platform have o ha been heen twitted twilled b by a socialIstic socialistic socialistic social social- body the Social Democratic Fe Federation Federation ott on erton-on on not being leing socialists at atall all all al but hut on m merely rel extending the nr area a and the system of what from the laborers labor labor- ore ers point of oC view is mere ordinary cap capitalism I a I him S The flie point on which T J would insist myself is somewhat different lr from theirs It I Is that lint municipal employment employ ment Is practically financed by ab- ab from froni the lie products of or private employment Thus Titus the London county councils Council's steamboat enterprise would not have gone gono one on 01 for 01 a month If 1 the tho losses Iose luts entailed lJ by it H had hal not been ma made e goo good lJ by rates latea I levied on 01 wealth produced b by the tile enterprise of private at pr persons ons |