Wednesday, March 27, 2013

A Step In The Wrong Direction

"With competition as the mainspring of our economy, we built a strong country with an unequalled standard of living. Free competition has long been the best spur for plentiful production, and the most reliable watchdog of fair prices. The government has now stepped in to destroy competition - in only one business so far, the business of producing natural gas. But this is one long step in the wrong direction. For if the government can destroy competition in one competitve business, it can destroy it in another - and another."

Natural Gas and Oil Resources Committee, no date

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