CONTENTS. Duty of Commission to recommend railroad legislation. . . Much confused information on the subject. Subject discussed under four heads. 1. Grounds of the right of regulation. 2. Limits of the right. 3. Mode of its exercise. 4. Legislation now needed. Sound views, the proper basis of legislative action... 1. Grounds of right. a. Constitution of the State. b. Law Common, Civil and Statutory. Corporations-Common Carriers, Monopolies, etc. Argument highly cumulative. Strongest case for regulation by law. Basis in the rights of Locomotion, Transportation and Exchange. Duty of State as to public roads. If transferred to corporattons, need of guards and limitations Regulated monopolies-Ferry illustration. Immense growth of business-Its specialzation . . . Entire revolution effected by railroads. Railroads compared with rivers, ocean, or dinary highways, etc.. Legislation at first improvident-Reasons. In Georgia nearly all production in order to exchange and so for transportation . . Constitution of Georgia well guarded. Action of the Commission-A report not a judgment. . . Virtual master in chancery Regulation by law-constitutional, right ful and necessary. Fortnightly review-quoted. |