Coal, Government Ownership or Control: Government Ownership of Navy Coal Land and Control of the Coal Industry - Couverture souple

McAdam Jr., Dunlap Jamison

 
9781145752627: Coal, Government Ownership or Control: Government Ownership of Navy Coal Land and Control of the Coal Industry

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Synopsis

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is turally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.

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Présentation de l'éditeur

Coal is a public utility. This is the viewpoint from which this book is written. To the minds of those who use the term generally, Coal is a public utility means simply that coal is something that is useful to the public. It means that, of course, but it means much more: it means that coal belongs to the people. On it depend the comfort, even the life, of the people and the commercial supremacy and industrial life of the nation. To waste coal is a sin agains the whole people. Those who have bought the coal land are entitled to all the rights that go with a public utility. Their ownership is in the nature of a perpeitual lease. They hold it in trust for the public use. The lease of a coal mine always contains a provision thaf mining must be carried on without waste, and that the mine may be inspected at any time when such inspection does not interfere with the work of the mine. These provisions help the operator and safeguard the owner. Control such as that is, in effect, the kind we have advocated for the entire coal industry. Operators who do not need control, 2s many of them do not, will not be affected and need not complain. Those who do need it must have it. The public good is paramoimt. For a large pant of the coal land private ownership is the best plan. The stimulus of ownership, the appeal to efficiency, and the urge to new inventories are good for any business. For one part of the coal field, however, government ownership is imperative.
(Typographical errors above are due to OCR software and don't occur in the book.)

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