Tom Watson's Magazine, Vol. I, No. 4, June 1905Various
General
Tom Watson's Magazine, Vol. I, No. 4, June 1905
Various
United States -- Politics and government -- Periodicals
A railroad corporation comes to the legislature and procures a charter to
build a railroad; _but the state cannot compel the corporation to build
that railroad._ In other words, the state cannot compel the execution of
the powers granted under the charter; therefore _such a charter lacks the
very first element of a contract, because a contract is one in which each
party can be compelled to perform his part or pay consequent damages_.
But, in pursuance of the decision of John Marshall in the Dartmouth
College case, our state and national governments have erected a rule of
the corporations, and they are now more powerful than the governments
which created them.
The great transportation companies exercise the power to tax, and the
people, who pay the taxes, have no representation in the councils of
those who levy the taxes. This surely constitutes an aristocracy of the
most powerful kind.
The railroads have the power to tax the life out of any industry, out of
any section, out of any city or town; _with rebates and discriminations
they build up the Trusts which plunder the people_.
By reason of the fact that they enjoy the privilege of taxing other
people, _they pay no Federal taxes to support the government_. Whatever
they may pay in the way of tariff on material which they use in the
construction of roadbeds and rolling stock, they simply charge up to
expense account and levy their rates so as to make the utmost possible
profit over and above what they have paid out. The public cannot escape
the freight rates and the passenger rates which the corporations levy.
The public cannot help itself. The public is made to pay, in those
freight and passenger rates, every dollar of tax which the railroads
have paid to the state and Federal governments. Therefore, as in the
case of the national banks and the manufacturers, we have a great class
of corporations given special powers by law which are exercised at the
expense of the masses of the people, and which escape all the burden
of supporting the national Government by reason of the immunities and
privileges which the law has made for their exclusive benefit.
Here, then, we have a complete illustration of aristocracy—the government
of the few, by the few and for the few, instead of the ideal of Jefferson
and Lincoln, “government of the people, by the people and for the people.”
* * * * *
The man who makes a corner in wheat thinks he can relieve all the
suffering he caused by endowing a bed in a hospital.
_The Track Walker_
BY THEODORE DREISER
_Author of “Sister Carrie”_
TRACK WALKER KILLED
WESTFIELD, N. J., April 14.—John Long, a New Jersey Central
track walker, was killed by a train today.
Public-domain text, read in full here on John Shaqi.
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