Public Utility Economics : a Series of Ten Lectures Delivered Before the West Side Young Men's Christian Association, New York

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Remarks of that kind cannot possibly be made by any one understanding the true economics of the situation. I think that much can be done in the direction of the conservation of resources, in lessening the severe conditions of labor, in improving the conditions of our people, by opening up our rural districts to manufacturers, where there is any considerable density of population; in fact, there is scarcely a direction in which one can look without seeing possibilities of development in connecti...on with what is really the juvenile industry in public service and yet the greatest industry in public service to-day.
I am speaking here to a mixed audience. I am not speaking to an audience of engineers only, but to an audience with a strong sprinkling of young men, to those who form the great body who have the destinies of this country in their hands. There is no blow that you can deal to your motherland, there is no greater injury that you can do to yourselves than to deal unfairly with the great public service enterprises that have built up this wonderful republic, and I think that if nothing else is accomplished by my friends and myself in appearing before you, than to give you a better conception of what the leaders in industry are after than you ordinarily receive from reading the flippant remarks in the average daily newspaper, we will have rendered you, as well as ourselves, a great service.


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