Studies in History, Economics, and Public Law Volume . 88

Studies in History, Economics, and Public Law Volume . 88

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: perpetuity, were exclusive or monopolistic in character, and invariably brought little revenue to the city. 5. The franchise grants or contracts were loosely drawn and the conditions embodied therein were trivial in character; no provision was made for financial regulation. 6. Consolidation of the independent lines was accompanied by over-capitalization, high rentals, and stockjobbing. These observations force us to conclude that today, with the awakened interest in public affairs, the city should formulate a definite and comprehensive program with respect not only to its street-railway franchises but also to other public 235 235 utilities.1 The time has come when the city can no longer 1 In this connection it is interesting to note the recommendations made by the Committee on Franchises of the National Municipal League at its Detroit meeting, November 22, 1917: "I. That every state remove the handicaps from municipal ownership by clearing away legal and financial obstacles, so far as they are now embedded in constitutional and statutory law. "2. That every state provide expert administrative agencies for the regulation and control of public utilities. These agencies should have full jurisdiction over interurban services and over local services where the local authorities are unwilling or unable to exercise local control. They should have limited jurisdiction wherever the local authorities are in a position to exercise the full normal functions of municipal government, and should even have jurisdiction with respect to accounting and reports in the case of utilities owned and operated by municipalities. "3. That every city where public utilities are operated primarily as local services definitely recognize these more

Product details

  • Paperback | 134 pages
  • 189 x 246 x 7mm | 254g
  • United States
  • English
  • black & white illustrations
  • 1236912543
  • 9781236912541