Monopolies -- United States; Railroads and state -- United States
have continued in the same channel, until the great charter of our civil
liberty, has become obsolete, and the personal opinions of courts, like
the edicts of a monarch, have become the supreme law. Under this
species of legislation, and this class of decisions, these great
oppressors of the country have grown up until their power is superior to
that of all other interests, and not unfrequently defies the law. The
first great reform to be effected is to re-establish the supremacy of
the constitution, and to demand of courts and legislators a strict
observance of its provisions. When this is effected, the rights of the
states and the people will be protected. The courts of the United
States, and all other departments of the government, must remember that
in our republican system the federal government is limited and
restricted to the exercise of such powers as are expressly delegated to
it, and that all attempts to confer special charters and privileges upon
private companies are usurpations. They must remember that we have no
government with kingly prerogatives; that in a republic the people
retain control of the _purse_ and _sword_, and that the liberties of the
people, the equality of all before the law, as well as the perpetuation
of republican institutions, are in the care and keeping of the sovereign
people.
That there should be some means adopted to arrest this great and growing
power of corporations is now forcibly demonstrated. Since writing the
preceding pages, still another fatal stab has been given to the
republic. Vanderbilt, the leader in the raid made by corporations upon
the liberties of the people, and also an operator in Wall street
gambling, has added to the other roads under his control the Lake Shore
& Michigan Southern railway, and now controls the commerce of the west
with the seaboard, and can fix the price of a barrel of flour, or bushel
of wheat or corn, and from his decision there is no appeal. Extending
these monopolies still further, Vanderbilt and his co-conspirators are
about to take control of all the telegraph lines in the country, and
dictate to the whole people the price to be paid for dispatches. Thus
these enemies of republican government are surely getting control of all
the business and commerce of the country. The finances, the carrying
trade, the produce market, the price and sale of manufactured articles,
and the means of communication between the different portions of the
country, are all passing into the hands of the enemies of the people. At
the present time if any railroad company attempts to act independently
and honestly, this combination of sharpers and swindlers make war upon
it and force it to surrender, or drive it into bankruptcy.
Public-domain text, read in full here on John Shaqi.
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