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201 Annals Am. Acad. Pol. & Soc. Sci. i (1939)

handle is hein.cow/anamacp0201 and id is 1 raw text is: FOREWORD IN offering the present volume of papers on various aspects of the problems of public or private ownership and operation of public utilities and the status of their regulation by governmental bodies, the editor is fully aware of the lack of complete- ness of the discussion. Several reasons may be ascribed for this lack of com- pleteness. First, there is grave doubt that it is possible to include in one volume, whether it be large or small, all the manifold and complex problems of the form of public utility ownership, operation, and control best suited for all utilities in any given country at any given time. Second, there are aspects of the problem, particu- larly the interest of organized labor in public or private ownership, management, and control, that are treated in passing or not at all, because of the failure of the editor, after repeated and persistent efforts, to obtain papers from spokesmen in these groups. Third, it was desired to present in this volume varied points of view of proponents of one or another means of finding a sound and equitable plan of ownership, operation, and regulation of the utilities in which they have special interest; and also the points of view of those who without special interest have studied the problems and arrived at conclusions, or are able to present the elements of the problems involved. Finally, although an attempt has been made to balance differences of opinion, this has not been done to the extent deemed desirable by the editor, because of the unfortunate human propensity to fail to observe publication dead lines. The outstanding problem here attacked from these various points of view is that of achieving honest, efficient, competent, and economical management of pub- lic utilities, whether by private or public ownership and operation, or by possible combinations of private and public ownership and operation, under comprehensive and constructive public regulation and control, in the public interest. G. LLOYD WILSON

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