Newton Booth, of California, His Speeches And Addresses;

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It is a struggle between giants — a struggle in which popular rights, the rights of individuals, the rights of the weak, are liable to be disregarded. There is one company now in the United States that own and operate railroads which cost more than the assessed value of all the property in this State. If this principle of centraliza- tion should continue, and increase as rapidly in the next twenty-five years as it has in the past, it is not impossible that the whole vast system of railroads may... pass under the control of one company, or a combination of companies with one head, with power and patronage enough to make the Government in all its departments subservient to its will. Does this seem chimerical ? It is neither chimerical nor remotely improbable. It seems quite certain that three or four companies will soon control, if they do not already, nearly all the great lines of communication in the United States — the struggle for supremacy to-day being POLITICAL LIFE. 1 85 between Tom A.

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