The Government and the Railroads PDF ePub eBook

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The Government and the Railroads free pdf Excerpt from The Government and the Railroads The system as it has evolved itself in America, though it is resented by some of the Bourbons as far too advanced and as an indefensible interference with the rights of property, and by some of the Ultra-Radicals as not going far enough, seems to me in theory an almost ideal one. But the best of theories is futile if its practical application is at fault- and I know of few more flagrant instances of the unwise and unsound application of a wise and sound theory than in the case of our railroad legislation. Indeed, the structure of federal and state laws under which American railroads are compelled to carry on their business at present is little short of a legislative monstrosity. Writing on the subject of control and regulation of corporations, Colonel Roosevelt in a recently published article expresses himself as follows: ...When we control business in the public interest we are also bound to encourage it in the public interest, or it will be a bad thing for everybody and worst of all for those on whose behalf the control is nominally exercised... This object cannot be accomplished by a chaos of forty-eight states working at cross-purposes in the development of our interstate and international industrial fabric... So much of the regulation attempted in our country in the past has been done by demagogues or by heedless politicians interested only in their own momentary political success that the very name Regulation has become an offense and an abomination to many honest business men. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully- any imperfections that remain are intentionally left to preserve the state of such historical works.

About Otto H Kahn

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Details Book

Author : Otto H Kahn
Publisher : Forgotten Books
Data Published : 27 September 2015
ISBN : 1330759966
EAN : 9781330759967
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 36 pages
Age + : 15 years
Language : English
Rating :

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