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Is Public Ownership Successful?
Australia Has Faced the Question for a Quarter Century and Has Reached Definite Conclusions. October 1 1924 FRANK BOHN
Is Public Ownership Successful?
FRANK BOHN
DEVELOPMENT of public ownership in Australia will be the crucial political issue during the coming decade, according to Frank Bohn in the Times (New York). In Australia public ownership is no longer an experiment, says Mr. Bohn. It has been pulled and hauled about the public arena for three quarters of a century. It has proved successful on the whole in regard to public services, but when extended to commercial and industrial enterprises, it has not been so successful, in fact it has proved a fatal mistake. Mr. Bohn surveys the progress of public ownership in Australia and says there now seems to be a strong reaction against municipal or State operation of anything except public service institutions. He says in part: