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Best general references: Reagan's Speech, Congressional Record, Jan. 19, 1889; Mills' Political Economy, Vol. II., pp...
...Bounties are unjust. (a) They force the entire community to contribute to the support of a smaller class; (b) they are an artificial interference in production.- Fort. Rev., Vol. 42, pp...
...Bounties are wasteful. (a) They cause a dead loss to national wealth; (b) they require increased government machinery to distribute them; (c) they encourage producers to disregard the laws of supply and demand.- Nation, Jan. 17, 1889; Fort. Rev., Vol. 52, pp...
Best general references: Jevons "The Railways and the State," in "Methods of Social Reform," pp. 353-383; article on "Transportation" in Lalor's Cyclopedia...
...Railroads are now falling into the hands of a great monopoly.- Senate Report for 1886, pp...