Private versus public enterprise

AN ADDRESS “The Era of Public Enterprise” was delivered by Walter Rautenstrauch, professor of industrial engineering, Columbia University, New York, N. Y., at a meeting of the Advertising Club of New York, held March 1, 1933, in that city. Following Professor Rautenstrauch´s address, which extolled the benefits expected from increased public enterprise, an address was given by Dr. Virgil Jordan, president, National Industrial Conference Board, Inc., New York, N. Y., in which the case for private enterprise was argued. Excerpts from these 2 addresses follow. These conflicting views are published without editorial comment, in the hope that, between them, the readers of ELECTRICAL ENGINEERING may find constructive suggestions and be stimulated to further ideas. Comments, criticisms, and suggestions are invited, as “letters to the editor” they will be considered for possible publication.