Monopolies -- United States; Railroads and state -- United States
of Georgia, Texas, North and South Carolina, and many other states. In
some of these states men who were elected to represent the people, and
who were pledged in their interest, have openly sold themselves to this
railroad monopoly. For a consideration paid to them they have assisted
in bankrupting their states, and reducing the people who trusted and
honored them to a state of servitude, scarcely less oppressive than the
old system of African slavery. The value of property is destroyed by
excessive taxation, and the political and judicial power of the states
is handed over to railroad men, who, by combining their interests, have
created a great central power, antagonistic to the people, and
destructive of republican institutions. In the northern states it has
been found impossible to procure just legislation where the interests of
railroads and of the people conflict. In addition to the license given
to railroad companies, by legislative grants and special privileges, to
plunder the people, legislators, in violation of constitutional
provisions, and of every principle of justice, have persistently refused
to require of these corporations their just proportion of taxes, and
have just as persistently provided for taxing the people to aid railroad
corporations. Take the state of Indiana as an illustration. Counties,
cities, and towns have been burdened for years with unjust taxation
because of legislation in favor of local aid to railroads. In that state
there are now three thousand five hundred and twenty-nine miles of
railroads, representing about $100,000,000. For the purposes of
taxation, all of this railroad property represents but $10,000,000. Some
of these roads, for the purposes of taxation, are appraised at $3,000
per mile, and some as low as $500, and $400. While the property of
individuals is appraised at about one-third of its estimated value, this
railroad property does not pay taxes upon more than one-tenth part of
its estimated value, and when at a recent session of the legislature an
effort was made to amend the statute so as to make taxation more equal,
it was defeated by the railroad men in the legislature, supported as
they were by the strong lobby whom they had paid to be in attendance.
The history of railroad legislation in the state of Iowa is of the same
glaring character. We have the pleasure of laying before our readers the
following succinct history of this Iowa legislation, from the pen of
Hon. Samuel McNutt, who, for the last ten years, has been a member of
the legislature (six years in the house and four years in the senate),
and who kindly furnishes this communication at our request.
HISTORY OF RAILWAY LEGISLATION IN IOWA.
HON. D. C. CLOUD, Muscatine, Iowa:--
Public-domain text, read in full here on John Shaqi.
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