RAILROADS: St. Paul's Conversion

The transition of U. S. railroaders from private business men, not seldom of piratical bent, into public servants, was begun in 1887 with the founding of the Interstate Commerce Commission. The railroaders had collected the money, begged or bought the land, built and consolidated the lines. The Commission was established to prevent the railroaders: 1) from charging the public exorbitant rates, to the detriment of the public pocket; 2) from cutting each others' business throats, to the detriment of commerce; 3) from mishandling their finances,...