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Show .1 mi w POPULAR OWNERSHIP VS. GOVERNMENT OWNERSHIP Carl D. Jackson, chairman of tho Wisconsin Rntlioad commission says: "Tho nctual ownership of most public utllltlos Is by thopcbplo tliom-selvcs. tliom-selvcs. Tho first lions on; most pub- r lie utilities nro very often owned by trust compaulos, banks and laigoly by Insuranco companies throughout ths United States. Nearly every man carries nn Insurance policy. The average citizen lint a bauk acount, yet not ono citizen out or n hundred loflllxes that In ono form or another his nctual savlugs nnd Insurance and his wife's nnd children's welfaro depend de-pend upon tho solvency and continued opciatlon of public utilities. Thore Is probably not one man In fifty whom we meet on the street who does not own a part of n public utility, util-ity, whether he knows It or not. So the quMtton relatln'g to public utilities utili-ties nro not confined 1o the consumers consum-ers on ono sldu and tho public utili ties as such on tho other, but the whole question Is ono Involving nlno-tonths nlno-tonths of the entire population futlli-crmore, futlli-crmore, public utilities should not only be solvent themselves but thero should still remain n reasonable Incentive In-centive to reasonnblo development along tho lines to bo demaotrj J future generations. Nothing honjl Inko place In this country to d-ccou'rB age individual nnd collective off0l along progressive lines." |
