MUNICIPAL ENTERPRISES AND SCIENTIFIC DISCOVERIES.
TO THE EDITOR.
Sir,—l have read " S.T.C.'s" letter in your issue of May 9. I can quite understand that the discovery of radium may appear an odd peg on which to hang a warning against the risks involved in trading in scientific apparatus, and it was for that reason that I desired to draw attention to it. As to whether a municipality is wise in embarking upon a speculative enterprise depends upon the final result of,the speculation. In the " speotacle" to which " S.T.C." refers one of the suggestions was the running of competitive motor omnibuses. This is one of the trac]e risks which the Tramways Company has to face. As soon as motor omnibuses have been so improved that they can compete it is right and proper that they should; the Tramways Company must take its chance. If a municipality enter into a trading speculation let them do so with full knowledge of the risks, for they, too, must take their chance. It is all very well to assume that every municipality will take advantage of new discoveries as they riso, but will they? This, together with acuratoly forecasting the future, are precisely the points on which success or failure depend.— I am, etc., C. W. G. Little. Auckland, May 9, 1903.
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New Zealand Herald, Volume XL, Issue 12269, 13 May 1903, Page 6
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217MUNICIPAL ENTERPRISES AND SCIENTIFIC DISCOVERIES. New Zealand Herald, Volume XL, Issue 12269, 13 May 1903, Page 6
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