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The University of North Carolina Record; Extension Series Volume 18-26

The University of North Carolina Record; Extension Series Volume 18-26


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About the Book

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 edition. Excerpt: ... officer may be fit, but he is tied fast with red tape in a way quite familiar to every one who has done business with the Government of the United States. I have myself met, and measured, with the utmost respect for their individual professional equipment, some of the officers of the most criticised railway in the world--the State-ridden Western Railway of France. The result of Government management is almost inevitably bureaucracy, and what this means in comparison with private initiative in living industry can well be illustrated by the experience of Austria. Mr. Pattai, the President of the Austrian Chamber of Deputies, said in a speech delivered last summer: "We have always been in favor of the State taking over the railways, but if we had been able to foresee the results of the management I assure you we would have hesitated a little longer. We are still in favor of the principle, but it does seem to us that our Government has performed a remarkable feat when it has succeeded in creating a deficit on the Northern Railway, (which, under private management, earned six per cent dividends). The Government have enlisted an army of new employees; they have gone much too far in the reduction of hours of labor; instead of commercial management they have appointed lawyers to posts that require business men or experts; they have established an entirely unpractical bureaucracy. At the present moment we are face to face with a deficit of $25,000,000. There would be no deficit at all if the return from our railways were that which it ought to be. I repeat that absolute imbecility has characterized the taking over of our railways. We must introduce business ideas into the Government service." The greatest positive danger of Government ownership...


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Product Details
  • ISBN-13: 9781235826696
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 154
  • Spine Width: 8 mm
  • Width: 189 mm
  • ISBN-10: 1235826694
  • Publisher Date: 05 May 2014
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 286 gr


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