FREE BOOKS

Author's List




PREV.   NEXT  
|<   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   334   335   336   337  
338   339   340   341   342   343   344   345   346   347   348   349   350   351   352   353   354   355   356   357   358   359   360   361   362   >>   >|  
tion of the roads under its jurisdiction should be such as are least likely to lead to a conflict with Federal authority, and experience has shown that the authority of the General Government and that of an individual State over a railroad company, which is incorporated under the laws of the latter, but is engaged in interstate commerce, may be so harmonized as to avoid conflicts between the two sovereignties without any great sacrifice of power on the part of either. Judge Cooley said recently in reference to regulation by National and State commissions: "There is no good reason in the nature of things why the conformity should not be complete and perfect. It is remarkable that up to this time there has been so little--I will not say of conflict, but even of diversity of action between the National and State commissions. Indeed, I recall no instance at this time when anything done by the one has seemed to me to afford just ground for complaint by the other. This may justly be attributed to the fact that there has been no purpose on the part of either to do any act that could afford ground for just complaint on the part of managers of the business regulated and no desire to do anything else than to apply rules of right and equality for the protection of the general public. The aim of all regulation ought to be justice, and when it is apparent that this is the purpose of the several commissions, the railroad managers of the country may more reasonably be expected to cooperate with them much more generally than they do now. If these managers were to come generally and heartily into more full and complete recognition of the rules of right and justice that the law undertakes to lay down for the performance of their duties in their management of the great interests they represent, there cannot be the least doubt that the general result would be, not only that their service to the public would be more useful than it is now, but that the revenues derived from their business would be materially increased through the cutting off of many of the drains upon them, which now, while affecting injuriously the returns they can make to their stockholders, at the same time have the effect of prejudicing the mind of the general public against railroad managem
PREV.   NEXT  
|<   313   314   315   316   317   318   319   320   321   322   323   324   325   326   327   328   329   330   331   332   333   334   335   336   337  
338   339   340   341   342   343   344   345   346   347   348   349   350   351   352   353   354   355   356   357   358   359   360   361   362   >>   >|  



Top keywords:

railroad

 

public

 
general
 

commissions

 
managers
 

National

 
regulation
 

complete

 
business
 

justice


generally

 
purpose
 

complaint

 
afford
 
ground
 

authority

 

conflict

 

heartily

 

performance

 

recognition


undertakes
 

expected

 
apparent
 
country
 

jurisdiction

 
cooperate
 

management

 

injuriously

 

returns

 
affecting

drains
 

stockholders

 
managem
 

prejudicing

 

effect

 
cutting
 

result

 

represent

 

interests

 

service


materially

 

increased

 

derived

 

revenues

 

duties

 
interstate
 

perfect

 

commerce

 

conformity

 
things