III. Government management would demoralize our civil service and politics and would be dangerous to our institutions.- Hadley, chap. 13.
IV. Government ownership of railroads implies other things. Government management is not economical and would be injurious to industrial and commercial interests.
V. State and municipal government would lose seriously, as well as individuals.
VI. State management would increase rates and would involve pecuniary loss to the government.- Hadley; N. A. Review, vol. 139, p. 51.
VII. State management has failed under more favorable conditions than would exist in the United States, i. e., in France and in Italy.- Hadley, ch. X and xiii; The Nation, vol. 35, 150.
VIII. State management has proved less satisfactory than co-operate service-(a) in transportation charges (b) in conveniences of travel; (c) in adopting improved methods and equipment.- Nation, v. 43, p. 6; Jean's Railway Problems, especially chapters 30 and 31.
IX. All of the advantages and none of the disadvantages of state management would be secured by state control and by consolidation.- C. F. Adams in the Atlantic Monthly, vol. 37, p. 360, 691, vol. 38, p. 72; N. A. Rev. vol. 139, p. 51: Hadley, c. XII.