The International Quarterly, Vol. 12 (Classic Reprint)

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Excerpt from The International Quarterly, Vol. 12 There is nothing new about the doctrine of municipal ownership, except in this country in its application to street rail road lines, and for some years New York ran successfully a rail road over the Brooklyn Bridge. A city street is a piece of real es tate. The public owns it and everything under and over it, from the center of the earth to the zenith, except 30 far as it has been subjected to some servitude or servitudes, (or, as we more com monly say, speaking from the standpoint of the recipient, some franchise or franchises have been granted) to private parties, as, for instance, a servitude by which the city must submit to private ownership of a street railroad line, water-pipe, gas-pipe, or elec tric conduit. A municipal ownership man is often for practical reasons willing that the public should submit for a lirhited term of years, and upon receiving adequate compensation, but he is abso lately and unequivocally opposed to the creation of any such servi tude in perpetuity, or for longer than the very' shortest term that will attract private capital. He believes that from time to time an opportunity should be afforded for the municipality to resume possession, and either supply her own transportation, water, gas. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.