Note 417 — Chapter XXXIV · CAN REGULATION SECURE THE NEEDFUL DOMINANCE OF PUBLIC INTEREST?

The reasons for and against public ownership of railroads are dealt with in the testimony of the writer before the Industrial Commission, vol. ix., pp. 123–193, 883–890. President Roosevelt had the possibility of public ownership in mind when he said in his message that we must choose between an increase of existing evils, or increased Government supervision, or a “still more radical policy.”