The Changing Order Essays On Government Monopoly And Education Written Durin
The Changing Order Essays On Government Monopoly And Education Written Durin
George W George Woodward Wickersham
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The most efficient instruments for the creation of monopoly were handed over the counter of every State Legislature. But when the people began to take alarm at the growing power of such organizations, it was the lawyers of the country who suggested remedies for the evil, to be worked out by the application of old established principles to the new conditions. The people in many States had generously, even recklessly, conferred the privilege and convenience of corporate machinery. But by the exer...cise of the power of amendment, wisely reserved in most char- ters, it was found that the people might restrain and correct abuses of privileges they had granted. The power to regulate commerce among the States and with foreign nations had been conferred upon the national government by the Constitution of the United States. Commerce was recognized by the highest judicial authority as having a compre- hensive meaning far more extensive than mere trade. It embraced all forms of intercourse, and The Study of Law 97 the power to regulate it involved the establishment of rules by which such intercourse should be governed.
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