The Archive · 1929

COMMUNICATIONS IN

AMERICA, Tasue Between Government Ownership and Private Monopoly cos, SPECIAL SERVICN

Washington, Dec. 9. the Government fears to]: establish "a communications monopoly under private ownership, it should take charge of existing lin {feelt as a protective patriotic dut his statement was made here to-"day by Mr. Owen D. Young, chai man of the board of the Radio Corporation of America, in giving his views on the Couzens Bill, which {ig designed to create a Communi tions Commission with regulatory jurisdiction over radio, telephone' and telegraph companies.

Mz, Young said that, if a mono-Fenyed, "then 1 beg you, in. the ily-under private companies. is. national interest, to place them under Government ownership in fonder that America may not in external communications services subject to the dictation and: control of foreign companies oF Governments."

Competition among the communications companies has proved be a failure, according to Mr.

Young.

He declared that one of the most urgent reasons for consolidation is to meet competition from foreign monopolies. in international -communications, 'Mr. Young urged the consolidation of all the nation's tel facllition. into a -gingle world-wide' communication system a3 a. m0n0- poly under Government regulation.

He characterized existing com petitive organizations as "archaic Bnd. uncconomical"—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

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