Monopolies -- United States; Railroads and state -- United States
I have thus hastily sketched the history of railroad legislation in our
state, and yet perhaps I have exceeded the space you generously allow me
in your valuable work. Time and space would not permit me to detail the
skill exercised or the means used to defeat every act of legislation
looking toward the control of railway corporations.
To-day both the people and the government of this nation are, to a great
degree, under the control of the consolidated money capital of the
country, and a few individuals are at the head of this capital. These
are men, mainly, who regard republican or democratic institutions as too
unstable for the security of wealth, and have no real love for our form
of government. It remains to be seen what the people will do in the
coming crisis. I have faith in the people.
Yours truly,
SAMUEL MCNUTT.
Mr. McNutt tells what he knows, and gives us a correct idea of the means
resorted to by these corporations to thwart the will of the people. In
view of the vast wealth of these corporations, their combination and
consolidation, with their absolute control of congress and state
legislatures, and the centralization of power in themselves, we may well
inquire whether our constitutional guarantees have not been so long
disregarded as to be virtually destroyed. The question at issue between
the people and these corporations is clearly marked and defined. This
great railroad oligarchy is gradually but surely overturning the
principles upon which our government is founded. It is substituting a
personal for a constitutional government, and to achieve its purposes,
it brings to bear its vast wealth and influence; it bribes and buys
legislators, and maintains throughout the country a vast army of
employes, many of whom occupy high official position under the
government. It now boldly proclaims the doctrine, that the interests of
this great government, and of railroads, are one!
Public-domain text, read in full here on John Shaqi.
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