ABSTRACT
In recent times absentee ownership has come to be the main and immediate controlling interest in the life of civilised men. It is the paramount issue between the civilised nations, and guides the conduct of their affairs at home and abroad. Under one form of words or another, issues which arise out of the sovereign rights of absentee ownership are stirring the popular sentiment and engaging the attention of the officials with an ever increasing urgency. It is true, this particular form of words—"Absentee Ownership"—has not been commonly employed to describe this peculiar institution which now engrosses public policy and about which controversy is beginning to gather. The material interest of the underlying population is best served by a maximum output at a low cost, while the business interests of the industry's owners may best be served by a moderate output at an enhanced price.
