“... It is also true that had the Elkins bill never been passed, the
same acts could and doubtless would have been prosecuted ... under the
Interstate Commerce Act of 1889 which the Elkins law supplanted....
Under the 1889 amendment, however, the individuals convicted could
have been sent to the penitentiary, whereas under the Elkins Act the
punishment by imprisonment was taken away.... The chief effect of the
Elkins law had on these particular prosecutions ... was ... to save
the guilty individual perpetrators from imprisonment.
“It was well understood that the Elkins bill was passed without
opposition by, and with the full consent of, the railroads, and the
chief reason was the elimination of the penitentiary penalty for
unjust discriminations.... The imprisonment of two or three prominent
officers of a railway company, or a trust ... would have greater
deterrent effect for the future than millions in a fine.”
Theodore Roosevelt knows a good deal about the capitalist class. He
wrote on pages 5, 6, 9, 10 of his book, _American Ideals_, as follows:
“The people that do harm in the end are not the wrong-doer whom _all_
execrate.... The career of Benedict Arnold has done us no harm as a
nation.... The foes of order harm quite as much by example as by what
they actually accomplish. So it is with the _equally dangerous
criminals of the wealthy classes_. The conscienceless stock speculator
who acquires wealth by swindling his fellows, by debauching judges,
and corrupting legislatures, and who ends his days with the reputation
of being among the richest men in America, exerts over the minds of
the rising generation an influence _worse than that of the average
murderer or bandit_, because his career is even more dazzling in its
success, and even more dangerous in its effects upon the community.
Any one who reads the essays of Charles Francis Adams and Henry Adams,
entitled _A Chapter of Erie_, and the _Gold Conspiracy in New York_,
will read about the doings of men whose influence for evil upon the
community is more potent than that of any band of anarchists or train
robbers.... Too much cannot be said against men who sacrifice
everything to getting wealth. There is not in the world a more ignoble
character than the mere money getting American, insensible to every
duty, regardless of every principle, bent only on amassing a
fortune ... whether ... to speculate in stocks and wreck railroads
himself, or to allow his son to lead a life of foolish and expensive
idleness and gross debauchery, or to purchase some scoundrel of high
social position, foreign or native, for his daughter. _Such a man is
only the more dangerous if he occasionally does some deed like
founding a college or endowing a church_ which makes those good
people, who are also foolish, forget his real iniquity.” Italics mine.
G. R. K.
Footnote 319:
Public-domain text, read in full here on John Shaqi.
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