Abstract

The Week

November 9, 1918 issue

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The article focuses on the resolution passed by the American Electric Railway Association public ownership. It endorsed public ownership as the most obvious remedy for the perils now confronting the street railway industry. It recommends its member companies to facilitate in every reasonable way the public acquisition of the present electric railway properties, arranging such terms of payment as will conveniently accord with the financial limitations of the present laws of the respective States or municipalities, and that they assist in the promotion of such enabling legislation as may be deemed necessary by the public authorities to bring about the fullest measure of public ownership of electric railways and their fullest expansion to fully meet the needs of the respective communities.

See Also:

CONSOLIDATION & merger of corporations; RAILROADS -- Employees; RAILROADS; CORPORATIONS, Government; CITIES & towns; UNITED States
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