Monopolies -- United States; Railroads and state -- United States
But after all these errors and abuses shall have been corrected, other
questions will arise. The farmer of the west and south must have cheap
transportation to the seaboard. It may be demonstrated that our present
system of building railroads will not answer the purpose because of the
great expense of constructing and operating them, and that other means
must be adopted. Under the constitution the general government has
exclusive maritime jurisdiction, and can make canals and slack water
navigation. History demonstrates that water transportation is always
cheapest. The government should provide for water transportation from
the great agricultural centres to the sea-board. This kind of
improvement the general government can lawfully make, and an expenditure
of a small part of the wealth bestowed upon private railroad
corporations would open up water channels, affording cheap
transportation from the west to the east and south. Grain and meats
could then be shipped to the sea-board at such rates as would warrant
their transportation to foreign markets, which, with the abolition of
protective duties, would furnish the farmer a good sale for his
products, and an opportunity of purchasing his supplies free from the
bounty he now pays the eastern manufacturer. With such means for
shipping the farm products of the west and south, with protective
tariffs abolished, and the financial policy of the nation so changed as
to furnish to the people the same kind of money used by the government,
with "specie payment" resumed, and the large margin between coin and
paper removed, prosperity would again attend farming pursuits, and
contentment would fill the land.
Public-domain text, read in full here on John Shaqi.
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