Chambers's Edinburgh Journal, No. 447, page 59 by Various Authors
<< Return to Title Details & Download60
public, and coolly portioned out London between them. Their treatment, on this occasion, of the tenants so lately flattered and cajoled, will never be effaced from the public memory. Batches of customers were handed over by one water-company to another, not merely without their consent, but without even the civility of a notice. Old tenants of the New River Company, who had taken their water for years, and had been their thick-and-thin supporters through the battle, found themselves ungratefully turned over, without previous explanation, to drink the "puddle" supplied by the Grand Junction Company. The abated rates were immediately raised, not merely to the former amount, but to charges from 25 to 400 per cent. more than they had been before the competition. The solemnly-promised high service was suppressed, or made the pretext for a heavy extra charge. Many people had to regret "selling their force-pumps as old lead," or fixing water-closets on their upper floors, on the faith of these treacherous contractors. Those who had fitted up their houses with pipes, in reliance on the guarantee of unintermitting pressure, found themselves obliged either to sacrifice the first outlay, or to expend on cisterns and their appendages further sums, varying from L.10 or L.20 up to L.50--and even, in many cases, L.100. When tenants thus unhandsomely dealt by expressed their indignation, and demanded redress, they were "jocosely" reminded by smiling secretaries that the competition was over, and that those who were dissatisfied with the companies' supplies were quite at liberty to set up pumps of their own.
'Thus as, in political affairs, anarchy invariably leads to despotism, so, in commerce, subversive competition always ends its disorderly and ruinous course in monopoly, which, whether avowed or tacit, individual or collective, is but despotism in a lower sphere.
'The cure for these evils lies in the competitive contract-system, which brings competition to bear for, instead of in, th