UTILITIES: Colorado Consolation

Last week a Kentucky citizens' committee appointed by Mayor Joseph D. Scholtz finished its diagnosis of the aches and pains of Louisville's overexpanded, undernourished-city water system and wrote a prescription. Its remedy: turn the $22,000,000 system over to private operation for ten years. Responsible American Water Works & Electric Co., operator of some 80 other water plants, had offered to run the plant profitably for a portion or the savings it could make on operation. To Mayor Scholtz's committee, astounded by the low earnings under city management (2½%), flabbergasted by a...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!