The Railroad Question: A historical and practical treatise on railroads, and remedies for their abusesLarrabee, William
History
The Railroad Question: A historical and practical treatise on railroads, and remedies for their abuses
Larrabee, William
Railroads; Railroads -- United States; Railroads and state -- United States
Mr. Adams has, from his long association with railroad managers, imbibed
one heresy which is in strange discord with the general soundness of his
opinions. He holds that the railroad system was left to develop upon a
false basis, inasmuch as the American people relied for protecting the
community from abuses upon general laws authorizing the freest possible
railroad construction everywhere and by any one. It can therefore not be
surprising that Mr. Adams is an advocate of the legalized pool. He is of
the opinion that secret combinations among railroads, inasmuch as they
always have existed, always will exist as long as the railroad system
continues as it now is. Hence he proposes to legalize a practice which
the law cannot prevent, and by so doing to enable the railroads to
confederate themselves in a manner which shall be at once both public
and responsible. The reply might be made that there are many other
conspiracies which the law cannot always prevent, but that this is no
reason why conspiracies should be legalized. If pools and other railroad
abuses had, since the beginning of the railroad era, been treated as
crimes and misdemeanors, and punished as such by the imposition of heavy
fines, few people would to-day be ready to offer apologies for them. If
the time shall ever come when pools must be legalized it will be time
for railroad control equivalent to Government ownership.
Among the more recent writers upon railroad subjects is W. D. Dabney,
late chairman of the Committee on Railways and Internal Navigation in
the Legislature of Virginia. Mr. Dabney favors State control, and is, on
the whole, friendly to the Interstate Commerce Act. He sees danger in
the pool, but inclines to the belief that the public benefit derived
from the pooling system outweighs the danger of public detriment from
its existence. The following is his chief argument for a legalized pool:
"Perhaps, so long as railroad companies continue to enjoy an absolute
monopoly of transportation over their own lines, so that free
competition is restricted in its operation to a comparatively few
favored points, it may be worthy of serious consideration whether it
would not be better to legalize than to prohibit pooling, taking care to
put the whole matter under strict public supervision and control. The
companies would then be left comparatively free to bring their local
rates into something like harmony with the long-distance rates, and
should they fail to do so where the needs of the local community and
their revenues make it proper to be done, then it is the function of
public regulation to compel it to be done."
Of the Interstate Commerce Act Mr. Dabney says: "The legislation
recently enacted by Congress for the regulation of commerce by railway
is the result of more careful and intelligent deliberation perhaps than
any other measure of similar character, and it is not unlikely that the
legislation of many of the States will sooner or later be conformed to
it."
Public-domain text, read in full here on John Shaqi.
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