ISBN: 9781289488529

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustra… More...

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 Excerpt: .aggressive part in carrying on their own government they must not whine if venal and treacherous men sell out the public interest for private pelf. A community is not shut up to one single method of reducing a monopoly to serve instead of dominate. For example: a city council This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 Excerpt: .aggressive part in carrying on their own government they must not whine if venal and treacherous men sell out the public interest for private pelf. A community is not shut up to one single method of reducing a monopoly to serve instead of dominate. For example: a city council disposed to be honest can either let out contracts for street-car service on the best terms to the highest bidders; or it can tax the franchises when they expire; or it can build its own lines if it thinks that the most economical method. In the same way rail-Control of J corporations. roads, refineries, coal oil corporations, and all other large combinations of capital can be brought under control. It is simply a question of whether a democracy can command the services of honest and capable legislators and legal advisers. There is absolutely nothing in the nature of the case to fear. The great corporations have developed a machinery for production which has marvelous efficiency and economy. The consumers have shown their appreciation by buying the product where it was produced most cheaply. It remains for the public not to destroy this elaborate and magnificent industrial and commercial machinery, but to put a yoke on it, and compel it to work in the way most friendly to the common weal. Niagara Falls have been harnessed and compelled to serve the public. Great trusts can be brought to terms by the invention and use of suitable political machinery, managed by capable and honest legislators and administrators. In Mr. Spahr's "The Present Distribution of Wealth in the United States' we are told: ' Less than half the Danger from families in America are property-less; nevertheless, seven eighths of the families hold but one eighth of the national wealth, while one per cent of the Books, Business & Economics~~General, social-spirit-in-America~~Charles-Richmond-Henderson, 999999999, Social Spirit in America, Charles Richmond Henderson, 1289488525, Nabu Press, , , , , Nabu Press<