Municipal Monopolies And Their Management

Cover Municipal Monopolies And Their Management
Municipal Monopolies And Their Management
Sinclair, Arthur. [from Old Catalog]
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Within two years, as I remember it, the companies divided territory, each taking one-half of the city, exchanged property according to location, and immediately put the price of gas up to the old figure before competition commenced. The city fought the case in the courts, but was- eventually beaten, and the companies have been going along in their own way ever since." >^ A Congressional Committee has reported that "it is bad policy to permit more than y^Q gas company in the same part of the cit...y." " Competition involves at least two ^ or three and even more works where one would be sufficient. It means two or three or even more mains where one would be ample. It necessitates a correspond- ing number of diifferent services in each bouse, and an enormously large number of inspectors and collectors, and all for what? Cheaper gas? By no means. The enormous sums of capital which such a system wastes will certainly try to earn dividends in some way or other, and the only means is in high prices of gas, or else what amounts to much the same thing, in a ])oorer quality.

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