The Coming Land Policy

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Even our most conservative politicians will see the desirability of furthering the interests of such a policy. One reason for this is that no private interest in particular will any longer profit directly by the power business, and all interests, large and small, will have use for electric power, will want it at the lowest reasonable rate and will demand the best service. THE COMING LAND POLICY 41 Water power should be the next natural resource acquired and operated by the public. Because it is... still to a great extent in possession of the govern- ment, it would require the least outlay of money to "recapture" what private interests have already acquired, and it is the easiest of all, except domestic water, to operate, making it particularly adaptable to public ownership. Again, it is destined to be the most fundamental and important of all natural resources, barring, of course, domestic water and rural and urban land. Coal and Iron Mines. The plan for general public ownership and op- eration of coal mines by qualified cities and states should provide for an actual beginning within five years in operating a few on a moderate scale in some favorable locality, and for accomplishing their acquisition throughout the nation in twenty- five years, unless conditions warrant more rapid progress.

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