Appletons' Popular Science Monthly, October 1899: Vol. LV, May to October, 1899Various
Philosophy
Appletons' Popular Science Monthly, October 1899: Vol. LV, May to October, 1899
Various
Science -- Periodicals; Technology -- Periodicals
Much has been said of the onerous burdens of taxation endured by
individuals compared with those of corporations, and especially
corporations enjoying certain rights or franchises in public streets
and highways or corporations of a more or less public character. The
phenomenal growth of municipalities has been one of the notable social
movements of the last twenty-five years. The drift of population from
the country districts to cities has increased with each year, and
finds an explanation in many causes. The opportunities offered in a
city for advancement are greater and more numerous; the monotony of
the farm life does not keep the young at home, but drives them for
excitement and profit to the great centers of population. The economic
changes of a half century also have their influence. The competition
of new regions, better adapted for certain cultures on a commercial
scale, has reduced the profitableness of older and more settled
localities, where comparatively costly methods must be resorted to if
the fertility of the land is to be maintained. The wheat fields of the
West narrowed the margin of profit in New England farming, while the
sheep and cattle ranges of the West made it impossible for the same
quality of live stock to be raised for profit in the East. Farms were
abandoned, and the younger blood went West to grow up with the
country, or into the cities to struggle for a living. Further, the
advances in agriculture, the application of more productive methods,
and the introduction of machinery have reduced the demand for labor in
the rural districts, and this has led to a migration to the cities.
The result of this has been an immense development of city life, and
with it an ever-increasing field for investment in corporate
activities. The supply of water is usually in the city's control, but
the manufacture and sale of gas, the production and distribution of
electricity, the street railways, telegraph, and telephone interests
are private corporations formed for profit and using more or less the
public highways in the conduct of their various enterprises. A grant
of a street or highway for a railway or electric-wire subway generally
involves a monopoly of that use, and the privilege or franchise may
become more valuable with the mere growth in the population of the
cities. Assured against an immediate competition, there is a steady
increment in the value of the franchise, and in the case of a true
monopoly there seems to be no limits to its possible growth.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account