Chapter 56 of 59 · Where and Why Public Ownership has Failed by Yves Guyot
FAILURE OF GOVERNMENT CONTROL
In Great Britain the history of telephone legislation has persistently reflected the vacillations of immature opinion, strengthened by the attitude of permanent officials of the Post Office and the Treasury. The situation to-day is the result of years of laisser-faire, improvidence, and vacillation. Its economic defects and inadequate equipment are the natural consequences resultant from the National Telephone Company's inability, as the expiry of its franchise drew near, to provide for expansion of service and renewal of plant. The Edition: current; Page: [452] economical construction of new underground cables alone involves plans and estimates for a period somewhere between 15 and 20 years ahead. Further causes of disorganization lie in the relaxation of discipline and esprit de corps consequent upon the transfer of the telephone company's personnel to the Post Office; in the jealousies and friction between old employees and new, all tending to impair smooth working; above all, in the technical telephone staff's recognition of the fact that under the cast-iron, water-tight compartment system of Post Office tradition there is little or no scope for intelligent individual initiative and scant prospect of applying business methods to the development of what should be a rapidly expanding commercial undertaking, managed by the best technical and financial talent obtainable.
There are many experts qualified to speak with authority on this question who share the views expressed by Lord Desborough, as president of the London Chamber of Commerce, on May 18, 1911.
Many chambers of commerce besides the London Chamber, he said, had discussed the subject, and they were unanimously of opinion that it would be very much better for the telephone service of this country to be in the hands of a board of experts than to hand it over to a Government Department. . . . Business men would like to see an independent authority formed, somewhat on the lines of the Port of London Authority, or in any case formed of business men and of experts, with sufficient Government representation. Such men would be alive to the needs of the business community and accessible to representations from them, and would bring the telephone service of this country up to the requirements of the nation.—The Times (London), December 1, 1913.
1See La Démocratie Socialiste Allemande, Paris, F. Alcan.
1The organ of the Socialist propaganda.
1Raymond Boverat, Le Socialisme Municipal en Angleterre et ses Résultats Financiers, p. 444.
2Municipal Trade.
1See Circulaire du Comité des Houillères, February 20, 1913.
2Arthur Raffalovich in Journal des Économistes, October, 1912.
1Journal of Commerce, New York, February 24, 1912.
1Claude W. Mullins, L'Activité Municipale de Londres, Revue Economique Internationale, 1910.
1State Socialism in New Zealand, by James Edward Le Rossignol, Professor of Economics in the University of Denver, and William Downie Stewart, Barrister at Law, Dunedin, New Zealand, 1 volume in 12mo, George C. Harrop & Co., London.
1New Zealand and Evolution, page 58.
1Revue Générale des Chemins de Fer, November, 1911, page 352.
2Bulletin du Comité Central du Travail Industriel, December 15, 1911.
1Railways and Nationalization.
1Report on Railways in Germany, by C. H. Pearson and Nicholas Reyntiens, for the Board of Trade Conference, June 7, 1909 (Cd. 4677).
See for the series of discussions concerning the Prussian railways the collection of Marche Financier, by Arthur Raffalovich, and the Revue Générale des Chemins de Fer, among others, the number for November, 1911.
1See Yves Guyot, Trois Ans au Ministère des Travaux Publics.
1Der Zonentarif der Ungarischen Staatsbahnen, by Rudolph Remengi, 1912, published by J. Benko, Budapest. Discussed in the Journal des Économistes, July, 1912.
1Journal des Transports, September 28, 1912.
1See The Economist, November 4, 1911.
1The Economist.
1Railway Transportation, by Charles Lee Raper, 1912, G. P. Putnam's Sons, New York.
1The Economist.
1See Journal des Économistes, Dec. 15, 1910, article by M. Favarger, Nov., 1912. The Latest Accounts of the Federal Railways, July, 1913. The Revised Accounts of 1912.
1State Socialism in New Zealand, page 72.
1July 26, 1907. State Socialism in New Zealand, p. 74.
1Railways and Nationalization, by Edwin A. Pratt, 1908.
1Railway Transportation.
1See Raymond Boverat: Le Socialisme Municipal en Angleterre et ses Rèsultats Financiers (1907), 2nd ed., 1911. Major Edition: current; Page: [126] Darwin: Municipal Trade. Lord Avebury: On Municipal and National Trading. Des Cilleuls: Le Socialisme à travers les Siècles. D. Bellet: Socialisme et Municipalisme. Hugo Meyer: Municipal Ownership in Great Britain. Graham and Warmington: Taxation, Local and Imperial, and Local Government, 1899. Fairlie: Municipal Administration. Davies: Cost of Municipal Trading. Municipal and Private Operation of Public Utilities. Report to the National Civic Federation. Three volumes in octavo. 1907, New York. Municipal Year Book, edited by Duncan, published annually by the Municipal Journal.
1Vince, History of the Corporation of Birmingham, 1902.
1Raymond Boverat, Le Socialisme Municipal en Angleterre et Ses Résultats, p. 190.
1The Times (London), September 5, 1902.
1See H. Davies, The Cost of Municipal Trading.
1The Municipal Year Book for 1913 not having yet appeared, I must make use of the figures quoted in the edition of 1912.
17.6 per cent. on revenue is approximately equivalent to 1.5 per cent. on capital investment.
1The Times (London), October 21, 1902.
2Municipal Year Book, 1912, page 752.
1Municipal Year Book, 1912, page 775.
1A Housing Policy.
1The Economic Outlook.
1Boverat, Le Socialisme Municipal en Angleterre et les Résultats Financiers.
1Since the foregoing statement was made, the project has again been advanced and has been incorporated in the budget of 1914.
1Les Annales de la Régie Dirécte, Feb.-April, 1912.
1Annales de la Régie Directe, 1908.
2The Revue Bleue: La Municipalisation de la Boucherie, by Henri Martel, director of the Veterinary Service of the Prefecture of Police.
3See Book 4, The State, a Dishonest Man.
1Journal of Commerce, New York, December 22, 1911.
1Fortnightly Review, August, 1906: Lord Avebury, On Municipal and National Trading, page 68.
1Constitutional Amendments to be added to the Declaration of Rights.
1Edwin A. Pratt, Railways and Nationalization, page 3.
2For New Zealand see Book 2, Chapter VII.
1The highest judicial court of France.
1See Numa Droz, Études Économiques.
1See Appendix “A.”
1The report to the Chamber of Deputies by Emmanuel Brousse on Dec. 12, 1912.
1Pour Sauver Quelques Millions.
1See above.
1L'Informateur Parlementaire.
2See above citation.
1Rousseau. Pour Sauver Quelques Millions, see Journal des Économistes, Dec. 31, 1911.
1See Journal des Économistes, March 5, 1912.
1See the Chéron report of May 10, 1911, upon a demand for supplementary appropriations.
1The Morning Post, April 19, 1911.
1See Book 2, Ch. 8.
1Économiste Français, July 27, 1912, reproducing the annual table of the Moniteur des Assurances.
1Annales de la Regie Directe, April, 1911.
1Annales de la Regie directe, April, 1911, page 169.
2Ibid., December, 1909, page 47.
1De Monopole d'État. Rapport au Congres de Chambre de Commerce, by M. de Lasteyrie.
1Translator's Note—I have been unable to verify these figures, which appear to be incorrect.
1Circulaire du Comité Houillères, February 10, 1912.
1Communication à l'Academie des Sciences Morales et Politiques, August, 1912.
1Truth, April 26, 1911.
1Statistik der Vereinigung der Elektrizitätswerke für das Betriebjahr, 1909, Dortmund, 1910, supplemented by the Statistik der Elektrizitätswerke in Deutschland nach dem Stand, vom April 1, 1910. G. Dettmar, Berlin, 1910.
1Efficiency in City Government, page III.
1Report on the budget of 1912.
1Le Matin, January 28, 1912.
1See Le Client.
1Howard Economic Studies, Vol. 6.
1Communication of Laws Webb to the London Chamber of Commerce, Morning Post, February 18, 1911.
2The Electrical Review, February 10, 1911.
1See Yves Guyot, Science Economique, 4th edition, page 230.
1Société d'Economie Politique. See Journal des Economistes, December, 1911.
2Conseil Municipal de Paris, 1912, No. 46.
1Moniteur, May 17, 1853.
2Yves Guyot, Les Chemins de Fer et la Grève, page 149.
1See Yves Guyot, Les Chemins de Fer et la Grève, page 50.
1Municipal and Private Operation of Public Utilties, National Civic Federation, 1907.
1See Raymond Boverat, Le Socialisme en Angleterre.
1The Accountant, July 31, 1897.
2The Times, September 16, 1902.
3Efficiency in City Government, Annals of the American Academy of Political and Social Science, May, 1912, page 103.
1The report of M. Dausset on the budget of the city of Paris, 1912.
1Th. Favarger, Situation des Chemins de Fer Fédéraux en Suisse, Journal des Économistes, December, 1910, Rapport de la Commission du Conseil National, 1909.
1Yves Guyot, Les Chemins de Fer et la Gréve, 1911.
1Le Temps, April 4, 1912.
1Report of M. Rebullard, Municipal Council of Paris, 1912, No. 7.
1Le Temps, August 19, 1912.
2The Socialist hymn.
1An association of employees engaged in the preparation of the Register of the National Debt.
1Yves Guyot, Les Chemins de Fer et la Grève, 1911.
1See Appendix “B”.
2See the text in Sophismes Socialistes et Faits Économique, by Yves Guyot, Paris, Librarie F. Alcan.
1Société d'Économie Politique, Journal des Economistes, December, 1912.
1See above, book 2, chapter 20.
1July 30, 1906.
1See Appendix “C.”
1Organe Industriel, of Liège, August 1, 1903.
1L'Économie Publique, November, 1911.
1Arbitration committees, composed partly of employers and partly of workingmen.
1Bulletin de l'Office du Travail, February, 1912.
1July 27, 1912.
1Longmans, Green & Co., New York, 1910.
1Esprit des Lois, book 13, chapter 8.
1See E. Watelet, Les Recents Troubles du Nord de la France, 1912.
2Discussion de la Société d'Economie Politique, Journal des Economistes, December, 1911.
1Labour Leader, May 12, 1911.
2See Yves Guyot, Les Chemins de Fer et la Grève.
1Les Grandes Régies d'État, by Paul Pic, Revue d'Économie Politique, July-August, 1912.
1See above, Book I, Chapter 23.
1A navy relief fund.
1Yves Guyot, La Céruse et la Méthode Expérimentale. Brochure, Paris, F. Alcan.
1See Les Principes de ’89 et le Socialisme. La Democratie Individualiste.
1Annals of the American Academy of Political and Social Science, May, 1908. Legislative Restriction in New York, page 134.
1See the discussion relating to the Prussian railways in the series of volumes, Le Marche Financier, by Arthur Raffalovich.
2Principles of Economics.
1State Socialism in New Zealand, page 299.
2The Official Year Book of New South Wales, 1904–1905, page 543.
1Journal des Économistes, December, 1910.
2Revue Économique Internationale, see above.
1See Yves Guyot, Les Principes de ’89 et le Socialisme. La Democratie Individualiste.
2Ibid.
1L'Individu l'Association et L'État, Paris, F. Alcan.
2Upon the Insurance Bill, Labour Leader, July 14, 1911.
1Socialism in England, page 109.
1Gasette de Lausanne, February 1, 1912.
Where and Why Public Ownership has Failed
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