Excerpt from Government Ownership of Railways: Considered as the Next Great Step in American Progress I want to convince you of the truth of four significant contentions which I make. First: that government ownership is all but an accomplished fact in the world at the pre sent time. Second: that all the governments which have tried the system of nationalization of railways were never so active as now in the matter of bringing about complete govern ment ownership by extending the present system by purchase and construction. Third: that the sentiment in favor of government ownership among the people of this country, and of the world for that matter, is more general and deeply seated than it is commonly understood to be. And fourth: when govern ment ownership comes in this country it is likely to appear very suddenly. 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.