A Statesmans Opportunity An Address Before the Railway Business Association N

Cover A Statesmans Opportunity An Address Before the Railway Business Association N
A Statesmans Opportunity An Address Before the Railway Business Association N
Harrison Fairfax
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So long as the chief need was of a public prosecutor, it served its function, but, when the demand was for statesmanship, it failed by reason of a constitutional incapacity which relates back to its origin, to its political progenitors.
This is no criticism of individuals, but the indictment of a social tend- ency. No more does it mean that we must abandon the principle of 10 reasonable and efficient regulation: that we must turn from the Scylla of irresponsible regulation to the Charib- dis of
... government ownership. It is an argument that a system of reason- able, balanced and non-political regu- lation has not failed because it has not yet been generally tried.
SOURCE OF A SOLUTION Whatever may be the individual view, no one will deny that these con- siderations present a problem, and that a problem still unsolved. Its sub- ject-matter is of transcendent public interest and consequence. It is, as was recently suggested by President Wilson, "the one common interest of our whole industrial life.


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