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    Government Ownership of Railroads, and War Taxation
    Government Ownership of Railroads, and War Taxation
    Government Ownership of Railroads, and War Taxation
    Ebook53 pages33 minutes

    Government Ownership of Railroads, and War Taxation

    By Otto Hermann Kahn

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    LanguageEnglish
    PublisherArchive Classics
    Release dateNov 27, 2013
    Government Ownership of Railroads, and War Taxation

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      Book preview

      Government Ownership of Railroads, and War Taxation - Otto Hermann Kahn

      The Project Gutenberg EBook of Government Ownership of Railroads, and War

      Taxation, by Otto H. Kahn

      This eBook is for the use of anyone anywhere at no cost and with

      almost no restrictions whatsoever. You may copy it, give it away or

      re-use it under the terms of the Project Gutenberg License included

      with this eBook or online at www.gutenberg.org

      Title: Government Ownership of Railroads, and War Taxation

      Author: Otto H. Kahn

      Release Date: July 22, 2009 [EBook #29493]

      Language: English

      *** START OF THIS PROJECT GUTENBERG EBOOK GOVERNMENT OWNERSHIP ***

      Produced by Stephanie Eason and the Online Distributed

      Proofreading Team at http://www.pgdp.net (This file was

      produced from images generously made available by The

      Internet Archive/American Libraries.)

      Government Ownership

      of Railroads,

      and

      War Taxation

      OTTO H. KAHN

      AN ADDRESS BEFORE THE

      NATIONAL INDUSTRIAL CONFERENCE BOARD

      NEW YORK, OCTOBER 10, 1918

      Table of Contents

      I

      GOVERNMENT OWNERSHIP OF RAILROADS

      Paternalistic control, even when entirely benevolent in intent, is generally harmful in effect. It is apt to be doubly so when, as sometimes occurs, it is punitive in intent.

      The history of our railroads in the last ten years is a case in point.

      In their early youth our railroads were allowed to grow up like spoiled, wilful, untamed children. They were given pretty nearly everything they asked for, and what they were not given freely they were apt to get somehow, anyhow. They fought amongst themselves and in doing so were liable to do harm to persons and objects in the neighborhood. They were overbearing and inconsiderate and did not show proper respect to their parent, i. e., the people.

      But the fond parent, seeing how strong and sturdy they were and on the whole, how hustling and effective in their work, and how, with all their faults of temper and demeanor, they made themselves so useful around the house that he could not really get along without them, only smiled complacently at their occasional mischief or looked the other way. Moreover, he was really too busy with other matters to give proper attention to their education and upbringing.

      As the railroads grew towards man's estate and married and begot other railroads, they gradually sloughed off the roughness and objectionable ways of their early youth, and though they did not sprout wings, and though once in a while they still did shock the community, they were amazingly capable at their work and really rendered service of inestimable value.

      But meanwhile, for various reasons and owing to sundry influences, the father had grown testy and rather sour on them. He cut their allowance, he restrained them in various ways, some

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