Excerpt from The Relation of Modern Municipalities to Quasi-Public Works: Being a Report of the Committee on Public Finance to the Council of the American Economic AssociationII. The second part Of the report is in the form Of a letter from Dr. Knight, of the Ohio State Uni versity, relative to the question of water-works in the United States. Dr. Knight undertook the most difficult Of the special questions for investigation, and it will be Observed that his letter is a statement Of the difficulties he has encountered and a promise Of a complete report in the future. The Association may then regard this as a report of progress. It seemed best to make the letter public, because it shows the spirit in which the entire investigation has been carried on, and it impresses again the fact that the Association cannot expect to accomplish its purpose unless it has funds at its command.503] Letter Transmitting the Report.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.