Monopolies -- United States; Railroads and state -- United States
To this doctrine we cannot subscribe, but insist that the exclusive
power to charter and control railroad corporations remains with the
people to be exercised by and under the exclusive control of the state
governments. Nor can congress, rightfully, under the constitution,
charter railroad corporations in the territories. The power vested in
congress "to dispose of and make all needful rules respecting the
territory or other property belonging to the United States," does not
authorize the creation of private monopolies. When territorial
governments are formed, they are clothed with many of the attributes of
sovereignty. These governments are at liberty to legislate and to
provide for the well-being of the people, and subject to the provisions
of their "organic law," have the complete control of local and police
regulations. They can construct highways, erect public buildings, impose
taxes, grant charters, including charters to railroad companies. That
territorial governments can charter railroad companies, and that general
government has so acknowledged is proven by the acts of congress in
donating lands and bonds to companies chartered by territorial
legislation. This was done in the case of the Leavenworth, Pawnee, &
Western railroad company, chartered by the territorial legislature of
Kansas; and other instances are common. The power to grant charters
cannot vest in the states, and territorial governments, and at the same
time exist in the general government, for the reason that the supreme
power must exist in one or the other. If this were not so, one
government could destroy what the other had created. The privileges
acquired by a corporation under the one could be entirely annulled by
the other. Private rights would be subject to the adjudication of two
separate and distinct tribunals, created and sustained by distinct
governments, the one claiming to be supreme, because the right to
exercise the power had been granted to it, and the other denying such
grant, and because of this denial claiming the power as still remaining
with the state government. This course would be destructive of the
rights of the people, as well as of our system of government. Concede to
congress the right to charter railroad companies, and there is no limit
to the monopolies that can be forced upon the people of the whole
country. Land companies, loan, and interest companies, manufacturing
companies, and in short all conceivable projects of speculation can
obtain charters from congress, and our government becomes entirely
personal in character, without restraint or constitutional limit. The
assumption by congress of the power to create private corporations is a
fatal stab at our system of government, destructive of state rights, and
a wanton violation of the constitution.
CHAPTER IX.
STATE RIGHTS AT THE BAR OF A CORRUPT CONGRESS.
Public-domain text, read in full here on John Shaqi.
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