Standard Oil Company; Trusts, Industrial -- United States
Defeated in the public debate which preceded the decision of Toledo
to supply itself; defeated at the State Capitol; defeated at the
polls of Toledo time and again--every time; defeated in the Common
Council; defeated in the gas-fields; defeated in the courts of their
own choosing, the opponents of the city, thorough as only the very good
or the very bad can be, refused to submit. When the two corporations,
in 1886, were seeking the franchise indispensable for doing business
in Toledo, they said to the Board of Aldermen: "We ask no exclusive
privilege.... We cannot have too many gas companies." They also said:
"If the city desires to furnish its own gas, there is nothing in this
ordinance to hinder it. We are ready and willing at any time to enter
into competition with the city or any other company." They said, on
the same occasion, in answer to apprehensions which had been expressed
about the danger of putting the fuel supply of the city into the hands
of a monopoly: "You can go before the Legislature and obtain the right
to issue bonds for furnishing yourselves with gas." It was by these
assurances the companies induced the Common Council to grant them
gratuitously the very valuable franchises they were seeking.
The right of the people to compete was not left to these assurances.
It was specifically and formally asserted in the ordinance of July 5,
1887, fixing rates. This was the ordinance to procure which the gas
company suspended its operations in mid-course, and declared it would
not continue unless the prices which it wanted were made. The ordinance
was, in fact, prepared by the company. It said: "Provided that nothing
herein contained shall be construed as granting to existing companies
any exclusive rights or privileges, or prevent any other company from
furnishing natural gas to the citizens of said city." But the same
learned counsel who, in behalf of the companies, had assured the city
that "there was nothing in this ordinance to hinder it," went before
the United States Court and pleaded that ordinance as good reason for
the intervention of the Federal Government to prevent the city from
going on with its enterprise.
Public-domain text, read in full here on John Shaqi.
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