| Show effect of conser conservative active regulations regulation the california railroad and pub pon lie lic service commission has kept up a reputation for constructive and conservative polices it seeks to protect public interests and at the same time make it P poasi ble for such corporations to make profits on investments the report of efthia this communion commission for the past year la is interesting a as showing how scientific and constructive regulations help business the california uti utilities litie 18 h net operating revenues 2879 g great rest ter than for 1913 and greater than for 1914 the commission claims that since it was waa created in 1911 it has helped secure the investment of more than in california the te commission has authorized the issuance and sale safe of securities to the amount of and many any are a sold to calif california ia people the work of the california rail road commission is a of the value of constructive regula tion which develops enterprises find and enlists capital |
