Synopses & Reviews
Synopsis
Excerpt from Snapping Cords: Comments on the Changing Attitude of American Cities Toward the Utility Problem
HE basic fact underlying any discussion of municipal utili ties is the essential solidarity Oi the private interests which control them. Of this oneness in method and mutuality Of pur pose some may be legitimate and may lead to efficiency. Much Of it, however, is short-sighted, non-dividend producing and anti social. Not a little of it is clearly against existing statutes. In all this planning the security floater is in supreme authority. The engineer, the scientist and the administrator all take their orders from the investment bankers.
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