Excerpt from Municipal Ownership in Great Britain This book is the second of a series of four books which will give the results of the authors examination of the actual working, in important instances, of the public regulation and the government ownership and operation of the so-called public service industries: the railway, the telegraph, the street railway, the electric light, the electric power plant, and the telephone. The investigations in question have been carried on since the fall of 1892, and they have covered the United States, Great Britain, Germany, and Australia. The books embodying the results of the investigations will follow each other in quick succession. But that does not mean that they are in any way hasty productions. It has been the authors policy to delay publication until he had covered the entire field, because he desired to put at the disposal of the public the means of comparing the experience of several countries in the various kinds of experiments, without long intervals between the successive books setting forth that experience. 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.