Government Ownership of Public Utilities in the United States
Government Ownership of Public Utilities in the United States
Leon Cammen
The book Government Ownership of Public Utilities in the United States was written by author Leon Cammen Here you can read free online of Government Ownership of Public Utilities in the United States book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Government Ownership of Public Utilities in the United States a good or bad book?
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For industries from the point of employment of labor, Govern- ment ownership would bring disaster from the start. Labor follows somewhat the same laws as water in that the wages must maintain a fairly uniform level throughout the entire country. If wages in Detroit should rise 20 per cent above those in New York or Cleve- land, men would promptly flock from Cleveland or New York to Detroit factories until there would be there a plethora of labor, and the wages would go down accordingly. On the ...other hand, if for some reason or other, the wages in Toledo should go down mate- rially as compared with those in Pittsburgh or Detroit, men would begin to leave Toledo until those who remained would be in a posi- tion to demand higher wages. In this way sooner or later the wages throughout the whole country have to reach a fairly uniform level, which varies only because of the cost of living in the various sections of the country. In this way wages as expressed in dollars and cents may be lower in Connecticut than in California, but then the cost of living in Connecticut is also lower, so that the amount of comforts which wages can buy or the standard of living which they make possible would be the same and practically uniform from Connecticut to California.
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