Monopolies -- United States; Railroads and state -- United States
All laws granting to railroad or other corporations organized for
pecuniary profit, special and exclusive privileges, which encroach upon
the rights of the public, should be repealed. The most prominent
argument against repeal exists in the doctrine that railroads are public
highways, and that a charter granted to a railroad corporation by the
legislature is in the nature of a contract, and is therefore
irrepealable. By the constant and persistent assertion of these
propositions, and by frequent adjudication of the questions, candor
compels us to admit that the current of judicial decisions supports this
doctrine. Yet as the ancient dogma of tyrants, "The king can do no
wrong," does not obtain in this country, we beg leave to call in
question the soundness of this doctrine. If railroads are public
highways, there can be no question as to the right of legislatures to
exercise the same control over them that they assert in regard to common
public roads. If they are public, private parties cannot have the
exclusive control of them; nor can the legislature grant away the rights
of the public by exclusive charters to private parties, for the reason
that the legislature (the department of government that enacts all
statutes) cannot, by the enactment of a statute, take from the whole
people one of the rights belonging to them and confer it upon a private
corporation. The legislature has no power to enact a statute declaring a
foundry, or mill, built by an individual or a company with private
capital (the absolute title vesting in such party) to be a public
foundry or mill. If such a statute were enacted, it would not change
the title to the property, nor would it prevent the owner from using and
enjoying it as his own, exclusively. Whether it be called public or
private would not change the nature of the ownership or convert the
interest into public property. No matter by what name it might be
called, it is still private property. The same is true of railroads.
They are built and owned by private corporations; are under the control
of their owners, who retain for their own use the earnings of their
roads. If these roads are public highways, then the legislature, acting
for the public good, occupies the anomalous position of granting
charters to private parties to construct public highways, and to own
them after their construction. The supreme court of the United States,
and the courts of some of the states, have decided that they are public
highways, and, according to the usual custom, these decisions are to be
received as final.
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