Theoretical Depreciation; a Menace to the Public And the Investor
Theoretical Depreciation; a Menace to the Public And the Investor
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It would be necessary, for example, that the policy should become universal. It would then be necessary to ascer- tain by inventory and appraisal the value of the property of every utility in the country. Eates for service would have to be increased universally, so that there might be included therein a percentage designed to apply either toward the purchase of existing plant and property or toward the purchase of plant and property to be acquired thereafter. Thereafter, the amount thus investe...d might be known; but how about the property in which invest- ment has already been made ?
In view of the fact that all plants would be acquired by utilities in their own names, how would the title there- to become vested in the public? The rate-payers of yes- terday are not the rate-payers of today and the rate- payers of today are not the rate-payers of tomorrow. Why should the rate-payer of today pay for something which is to be owned by the rate-payer of tomorrow? In which of the various classes of property required by a utility would the public prefer to have its investment made, and for which class of property would the utility itself have a preference?
What to read after Theoretical Depreciation; a Menace to the Public And the Investor?
You can find similar books in the "Read Also" column, or choose other free books by George N George Noyes Webster to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It would be necessary, for example, that the policy should become universal. It would then be necessary to ascer- tain by inventory and appraisal the value of the property of every utility in the country. Eates for service would have to be increased universally, so that there might be included therein a percentage designed to apply either toward the purchase of existing plant and property or toward the purchase of plant and property to be acquired thereafter. Thereafter, the amount thus investe...d might be known; but how about the property in which invest- ment has already been made ?
In view of the fact that all plants would be acquired by utilities in their own names, how would the title there- to become vested in the public? The rate-payers of yes- terday are not the rate-payers of today and the rate- payers of today are not the rate-payers of tomorrow. Why should the rate-payer of today pay for something which is to be owned by the rate-payer of tomorrow? In which of the various classes of property required by a utility would the public prefer to have its investment made, and for which class of property would the utility itself have a preference?
What to read after Theoretical Depreciation; a Menace to the Public And the Investor?
You can find similar books in the "Read Also" column, or choose other free books by George N George Noyes Webster to read onlineMoreLess
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