THOUGHTS FOR THE TIMES
Statk CoxTHoi, ot IniivstkY, Mr Hoover, American Secretary ol Commerce, sjcaking at a London l onfereiice regarding Slat" development and distribution of hydro-elect ric power, admitted that the nature of the industry necessitated “a large measure of public control.” but reminded the Conference that the business of a <L>verntnciit was to regulate and control, not to manage or operate. Ihe best policy, he said, was one which would protect the public .interest against dis l ritiiinntioii and exploitation without destroying the initiative of the people.
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Hokitika Guardian, 25 August 1924, Page 2
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89THOUGHTS FOR THE TIMES Hokitika Guardian, 25 August 1924, Page 2
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