Monopolies -- United States; Railroads and state -- United States
By the act of congress of July 2, 1864, this act was so amended as to
grant ten alternate sections on each side of the road, and to grant to
the company the iron and coal found within ten miles of the road. The
reader will notice the reasons given for this grant. 1st. To aid in the
construction of the road; a legitimate reason. 2d. _To secure the safe
and speedy transportation of the mail, troops, munitions of war_, &c.
Twenty sections of land per mile are given to the company for the
purpose of securing the safe and speedy transportation of troops, and
above enumerated articles. It has been said that a poor reason is better
than no reason. Of all poor reasons given for an act, this appears to be
one of the weakest. The reader will not be able to discover its force.
As we progress, we will find that from its inception this Pacific
railroad charter, and amendments, were "conceived in sin, and brought
forth in iniquity;" that, in its provisions and grants, it presents a
state of facts which stamps the whole scheme as a base fraud upon the
public, planned by men who were seeking to enrich themselves at the
expense of their country; and that congress, either from inattention to
the interests of the people, or because the spoils were to be divided,
granted the company the precise charter that was to enable it to plunder
the public without hindrance.
That we may not be regarded as treating the subject captiously, let us
concede that the reason given was a good one, and that the grant of
lands would give security to the transportation of the mails; still the
thought presents itself that a grant of lands to the value of $15,500
per mile would be ample aid for the people to give to this company, in
the construction of its road. It is not a government work, owned by the
public, operated and controlled by the government. It is a private
enterprise, and while all persons see the necessity of a railroad
connection between the Atlantic and Pacific states, but few will indorse
the policy of the government giving to this private company more aid in
lands and money than the entire cost of the road, or more than it would
have cost if built by private capital. And when it is found that this
large grant is made without any equivalent, that not even the mails,
troops, or munitions of war, can be transported over the road without
the payment of just such rates as this private corporation chooses to
charge, the conclusion is inevitable that the good, not of the public,
but of the corporation, was the controlling motive in affording it aid;
that the untold millions of subsidy bonds, and vast tracts of land
wrongfully taken from the public, and given to this company, was but
placing the interests of the whole people, in their social and business
intercourse across the continent, at the mercy of a soulless
corporation.
Public-domain text, read in full here on John Shaqi.
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