Competition; Monopolies -- United States; Trusts, Industrial
It is contended by some that from the increased interference of
government with private affairs, there is danger that the liberties of
the people will be curtailed, and that their rights will be so hedged
about by restrictions that the result will be evil instead of
beneficial. To this it must be answered that the people themselves are
the source of the government's authority and power of restriction, and
that in no case will a restriction of the government be long maintained
which does not benefit far more in conserving the rights of men than it
injures by infringing them. Apply this rule to any case of government
action in industrial matters. A city government, for instance,
constructs a system of sewerage. All taxpayers must contribute something
towards its expense, and their right to spend that money in such other
ways as they choose is abridged; but, at the same time, the more
important right of having healthy and safe drainage for their houses is
conserved. In a similar way, the government may pass laws of various
sorts to restrict and control what seems to be at first sight purely
private business, such as the sale of explosives, spirituous liquors,
poisons, drugs, and many other articles. In every instance, this is done
on the ground that the interference of government is necessary to
protect the rights of the community as a whole, even though the
liberties of certain classes are abridged.
The study of these facts brings to our attention an important principle
of governmental action, which should always be remembered when in any
industrial matter we find that the principle of individual action is
producing unsatisfactory results, and conclude, therefore, to ask the
government to take some part in its control. This principle is as
follows: _government, as the representative of the will of the whole
people, should in general, attempt the regulation, or control, of
industrial matters only to benefit the people as a whole_.
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