Show PUBLIC OWNERSHIP PRIVATE GRIEF politicians professors prof essora and economic theorists are fond of telling business how it should operate the implication always Is now it if we were ft ere running that business 1 occasionally though we nye get an insight ikeo into business operations under political management the federal postal system for instance always operating at a deficit of millions the railroads during the world war the shipping board the bituminous coal commission still struggling at the starting gate after two years and not to be overlooked oer looked tile the cost of some of the recent recen f housing projects to the publicly owned newyork new york city subway goes an orchid for stating most plainly the case for or against public ownership on oil advertising cards in its cars Is inscribed the shall we say modest legend this railroad la Is owned by the city of new york and Is operated by the board of transportation it Is the foie foremost most example of public ownership and operation in the world bijj the fare Is five cents but so costly Is the operation that for every eiery five fire cent ride another five and one quarter cents comes from the city treasure treas urt to inae up the deficit in other words llie the public pays through taxes and ands it if the subway paid taxes on its property as do private businesses the ride would cost still another two cents twelve cents per ride and this the city fathers claim Is the worlds foremost example of public ownership the olf old fashioned fas honed woman used to have a difficult time in balancing the bustle but it nearly as difficult as balancing the budget nowa nowadays dayi |