The Failure of Regulation

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Socialist party of the United States, 1914 - 98 strani
 

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Stran 22 - The statute applicable to this case provides that "no license, permit or franchise shall be granted to any person, copartnership or corporation to own, operate, manage or control any plant or equipment of any public utility in any municipality where there is in operation a public utility engaged in similar service under a license, franchise or permit without first securing from the Commission a declaration after a public hearing of all parties interested, that public convenience and necessity require...
Stran 9 - Every person who shall make any such contract or engage in any such combination or conspiracy, shall be deemed guilty of a misdemeanor...
Stran 98 - In the sweat of thy face shalt thou eat bread"; and since then, if we except the light and the air of heaven, no good thing has been or can be enjoyed by us without having first cost labor. And, inasmuch, as most good things are produced by labor, it follows that all such things of right belong to those whose labor has produced them.
Stran 22 - ... a public utility engaged in similar service, without first securing from the commission a declaration, after a public hearing of all parties interested, that public convenience and necessity require such second public utility.
Stran 98 - And inasmuch as most good things are produced by labor, it follows that all such things of right belong to those whose labor has produced them. But it has so happened, in all ages of the world, that some have labored, and others have without labor enjoyed a large proportion of the fruits. This is wrong, and should not continue. To secure to each laborer the whole product of his labor, or as nearly as possible, is a worthy object of any good government.
Stran 22 - That is plain. The purpose of it is obvious. The intent was to give the holder of an indeterminate permit, within the scope thereof, a monopoly, so long as the convenience and necessities of the public should be reasonably satisfied, yet to secure to the public the benefit of the monopoly in excess of a fair return upon the investment, under proper administration, by insuring the consumers the best practicable service at the lowest practicable cost,* * *". Kenosha Gas & Electric Co.
Stran 78 - ... should be borne in mind that under present industrial conditions the best interests of society, as a whole, are subserved when the share of each factor of production is high enough to cause a free and unrestricted flow of labor, capital and business ability into the various utilities. If wages, interest and profits are not high enough to attract the factors which they represent, then these factors will not enter the utility business. The result of this is clear. If either or all of the factors...
Stran 60 - Any corporation organized under the laws of this state which shall enter into any combination, conspiracy, trust, pool, agreement or contract intended to restrain or prevent competition in the supply or price of any article or commodity in general use in this state...
Stran 79 - If our commerce is to grow and trade is to be fluent, if we are to continue as a multitude of interdependent communities and individuals, if we are to give the world the benefit of the great resources of this country, and put to its highest use the genius for industrial development which our people manifest, our existing lines of railroad must be made profitable to their owners, and money must find that investment in railroads is both attractive and secure.
Stran 59 - Co., partly through such applications of its rate schedules as to bring about lower rates than the existing lighting rates, and partly also through certain methods of computing the monthly bills and of furnishing fixtures, etc., which appeared questionable, was gradually securing for itself the business and customers of some of its competitors. It was also found that these methods were resulting in unjust personal discriminations and had brought about a situation that verged upon a destructive rate...

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