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Abstract

The Government in Business

Ashburn, T. Q. | June 18, 1930 issue

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The article focuses on whether the government successfully carry on a business. The author believes that it can if the business is rightly organized. In the case of the Inland Waterways Corp., people have shown how it should be organized, namely, so that it may function as any private business corporation functions. The Inland and Coastwise Waterways Service lost nearly $1,000,000 a year from 1920 to 1924, inclusive. Reorganized in 1924 as the Inland Waterways Corp., it has turned that loss into an average annual net income from operations of $82,000 for the years 1925 to 1929.

See Also:

BUSINESS; INLAND navigation; CORPORATIONS; PROFIT; ECONOMICS; UNITED States

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1860s, 1870s, 1880s, 1890s, 1900s, 1910s, 1920s, 1930s, 1940s, 1950s, 1960s, 1970s, 1980s, 1990s, 2000s

H.L. Mencken, "An Eminent American," July 11, 1923.

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