Municipal Ownership Four Lectures Delivered At Harvard University 1907

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If this be a correct view of the situation, it seems fair to conclude that England, if she is not losing, is gaining nothing whatever by her municipal enterprises.
PRICE AND QUALITY Complicated as has been this discussion, it has been simplified by leaving out one whole side of the question, a side which in reality cannot be omitted, if sound conclusions are to be reached.
It may be said, and it has been said, that muni- cipal industry does not, it is true, result in any direct financial gain t
...o the municipal treasuries, but that the goods thus supplied are both better DIFFICULTIES IN COMPARISONS 49 and cheaper than those supplied by private pro- prietors. The result is, so it is urged, a gain to the consuming public. This is a legitimate argument in favour of municipal ownership in so far as facts can be brought forward to sub- stantiate it ; and it should therefore be examined.
Time makes it impossible, however, for me to dwell at length on the questions thus opened up for consideration ; nor is it very desirable to do so, if, as is probable, the result would be to thicken rather than to lighten the fog through which we are passing.


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