Popular Law-making: A study of the origin, history, and present tendencies of law-making by statuteStimson, Frederic Jesup
History
Popular Law-making: A study of the origin, history, and present tendencies of law-making by statute
Stimson, Frederic Jesup
Legislation -- United States
It is further noteworthy that since the Granger cases themselves,
there has been no extension of the doctrine of Chief Justice Waite to
other trades or industries, while the extent of the doctrine, that is,
the amount of regulation permissible under the Constitution, has
been very much limited. Waite's opinion gives no intimation of any
constitutional limit whatever, but dozens of the decisions of
the Supreme Court since draw the limit this side of the point of
confiscation; that is to say, at a "reasonable return," whatever that
phrase may mean. It was, indeed, at first extended to semi-private
grain elevators on the prairies, to elevators monopolizing the water
front of Buffalo, New York, and to floating elevators in New York
Harbor, the first and last of which show certainly no element of legal
monopoly, while the Buffalo case at most only a geographical one.
Still, elevators were the subject of Munn _v_. Illinois itself.[1] And
it has never been extended to a mere _de facto_ or "virtual" monopoly
arising only from the accident of trade. Moreover, in matters of
interstate commerce, although it might have been argued that such
affairs were left absolutely to the plenary power of Congress, which
might well, if it chose, pass laws preventing any railroad from
engaging in interstate business, except at a certain rate per mile for
passengers or freight--or that no vessel should be allowed to carry
passengers or freight from foreign countries except at a certain price
per head or per ton--yet the Supreme Court seems to have held that
even this plenary power over commerce expressly given to Congress in
the Constitution, is limited by the ordinary property guarantees of
that instrument; possibly because the Fifth Amendment is of later date
than the body of the Constitution.
[Footnote 1: We may divide monopolies into legal, geographical, and
_de facto_, or "virtual" monopolies--phrases which sufficiently
describe themselves.]
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