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Updated: May 12, 2025
The competing corporations worked without sufficient remuneration at competing points, and, to make good the losses resulting, were often guilty of extortion at the non-competing points. They discriminated against persons and places. Citizens protested against these abuses in vain.
The talk was loud, but not boisterous, and garnished with fewer elegant flowers of speech than one would have expected. Five minutes before two the non-competing birds were carefully muffled up in pocket-handkerchiefs, and carried in their cages out of earshot, lest their twitterings might inspire the competing minstrels. Bermondsey and Walworth alone occupied the nails.
The process of combination which has been characteristic of American railroad development from the start has been checked recently both by government action and by anti-railroad agitation; but if the railroads were exempted from the provisions of the Anti-Trust Law and were permitted, subject to official approval, either to make agreements or to merge, according as they were competing or non-competing lines, there can be no doubt that the whole country would be gradually divided up among certain large and essentially non-competitive systems.
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