"My country, 'tis of thee!": Or, the United States of America; past, present and future. A philosophic view of American history and of our present status, to be seen in the Columbian exhibition.Johnson, Willis Fletcher
History
"My country, 'tis of thee!": Or, the United States of America; past, present and future. A philosophic view of American history and of our present status, to be seen in the Columbian exhibition.
Johnson, Willis Fletcher
United States -- Description and travel; United States -- History
In fact, the railroad had the power to say whether a merchant should or
should not succeed in business, whether a town should or should not grow
in population and prosperity. In the Hepburn committee’s investigation
of the New York railroads in 1879 it was shown that the milling business
in certain towns of northern New York had been killed by railroads
granting rates which favored Minneapolis and other western points. In
one town all the millers but one were obliged to go out of business, and
it was elicited in the investigation that this man had a secret contract
with the railroad by which they carried his commodity for much lower
rates than any of the others. The merchants of New York at that time
complained that the discriminations of the railroads against the
metropolis were driving away its trade to Baltimore and other points.
The nefarious contracts made by the railroads with the Standard Oil
Company were discovered so recently as to be still fresh in the public
mind. It will be remembered that the railroads not only carried the
Standard’s oil for a fraction of that charged a certain individual oil
refiner, but actually paid over to the Standard Oil Company the
overcharges of which they mulcted the unfortunate individual refiner.
The creation of railroad commissions in the various States, and the more
recent establishment of the Interstate Commerce Commission under the
provisions of an act prohibiting these discriminations, forbidding the
charging more for a longer than for a shorter haul, and inflicting a
severe penalty for making railroad pools, goes far to remedy many of the
most glaring evils complained of. But laws after all cannot make men
moral, and, as President Charles Francis Adams, of the Union Pacific
Railroad, said recently, “one of the chief causes of the railroad
troubles is the low standard of commercial honor among railway
officials.” The opportunities for personal profit possessed by dishonest
railroad officials, while somewhat diminished by the prohibition of
discriminating rates by which they were enabled to build up one town in
which they had an interest, or to favor certain firms in which they or
their friends were partners, have been removed; but the avenues of
unlawful gain still open to them are almost innumerable. As Herbert
Spencer remarked in dealing with this same subject in England a quarter
of a century ago, “corporations have no souls.” A combination of men
will stoop to acts which the conscience of no one of them would sanction
as an individual act. So, too, a man will deal with the rights and
property of a corporation as he would never think of dealing with those
of an individual.
Public-domain text, read in full here on John Shaqi.
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