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Thursday, December 26, 2013

Commerce Act of 1884

During the civil war many railway lines were built for mass deportation of munitions, men and other war supplies. When the war ended, the privately birth railroad companies turned their services to the familiar. At the time the railroads were federally unregulated and were free to do as they pleased. As autobiography teaches us, whenever a group of men discombobulate unregulated and unsupervised control or power, they will most handlely set up greedy and abuse it. Such is the case of the railroad owners in the 1880s. The railroad owners held a natural monopoly in the areas that entirely they serviced. They lend oneself this monopoly to make the public buckle under high fees for expat. Since they public had no other railroad to turn to for transportation, their only superior was to pay up. Railroad owners too used their trains to gain political power by charging low rates to politicians and other volume who had political power. The people most affected by this dirt y exercising were Western farmers and small business owners. At first, like everyone else, they welcomed the railroads as a way to open up extreme markets for their products and goods. nigh wealthy farmers even bought stock within the railroad accompany with the promise that the railroad would build a captivate-go into their community. To their disbelief, things didnt turn out as they planned.
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The stock which they controlled only delineated a small share of the company. As a resolution they had little control in railroad regulations. Also, the railroads built a branch in the community as they had promised en tirely the enigma was that it was the only ! branch they built in that community, creating a monopoly. The railroads would also charge extremely high rates for transportation in the midst of short hauls. These rates were even higher(prenominal) then farsighted hauls. Farmers soon banded together. An organization called the Grange was formed. At its peak, it had almost 1 million members. The Grange was founded Oliver Hudson Kelley. His provisions for the organization...If you want to get a full(a) essay, order it on our website: OrderCustomPaper.com

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