La Hongrie de l'Adriatique au Danube

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Monograph

Identifikator:: 844773522

URN:: urn:nbn:de:zbw-retromon-50582

Document type:: Monograph

Author:: Tissot, Victor http://d-nb.info/gnd/117628085

Title:: La Hongrie de l'Adriatique au Danube

Place of publication:: Paris

Publisher:: Plon

Year of publication:: 1883

Scope:: 1 Online-Ressource (412 S., [12] Bl.)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

REGULATION OF PUBLIC UTILITIES 135 ticular features would be an all engrossing occupation for legislators. To make a specific law for each class and case would seem to be an impossible undertaking. The Legislature of Massachusetts, which ranks high in intelligence, alertness, and honesty, is to-day struggling with the New Haven and Boston & Maine merger, and I venture to say that not a single legislator feels himself competent to the the task. If all similar questions required the action of the legislature, what would become of the docket and the time of legislators? The Commission The already established trend toward regulation by national or state commission, to which it is proposed that the exercise of regulative governmental power shall be delegated, brings us to a consideration some what in detail of the reasons for, and the possibilities of, the commission idea as applied to the regulation, under statute, of special franchises or public utilities, either by rate making, by taxation, or by any other means whatsoever. Mr. Henry Clews voices a pregnant truth when he says that a large part of the gross evils in trusts and syndicates and public service corporations are traceable to the fact that “legislatures have not kept pace with national progress.” Similarly, President Woodrow Wilson of Princeton University, says: The corporation lawyers of this country know what is going on; the legislators do not. I want to say to all corporation lawyers, “if you would save the corporation, you will come out from cover and tell the legislators what is needed. You know what is needed; they don’t. By telling them you will save the corporation. If you don’t you will have the mob at i its doors in a decade.”

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