American City Government

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Excerpt from American City Government: A Survey of Newer TendenciesAnd this working class, which forms the bulk of the population of the great industrial centers, is in the main a landless, homeless, and propertyless proletariate. The exact percentage of those who are propertyless in the cities is a matter of much speculation and little exact knowledge, but that it is very large there can be no doubt. The modern system discourages the accumulation of property by the proletariate: wages are not far above the margin of subsistence, the ownership of homes in cities of tenements is well-nigh impossible, and it is, as we Shall see, in many respects a handicap in smaller cities, and the discovery of safe investments is difficult for the poor man who has a little laid by but knows nothing about the ways of finance except, of course, the postal savings banks which pay a small rate of interest.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.