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...ROBBINS and V. S. THOMAS.Best general references: House Reports, 50 Cong. 2 Sess. III, NO. 4167; Senate Reports, 51 Cong. 2 Sess. I, No. 1944; Journal of Franklin Institute, Vol. 134, pp. 1 and 109 (July and Aug. 1892); Rodrigues, Panama Canal, 173 - 232; North Am. Review, Vol. 156, p. 195(Feb. 1893); Forum, XI, 1, (March 1891), XII, 714 - 728 (Feb. 1892); Manson, Geog. and Econ. Relations of Nicaragua Canal; Nicaragua Canal, chs. I, IV, VI (pub. by Maritime Canal...
...Under private management, the interests of the United States are protected. - (a) Equal right to armed protection of canal. - (1) U. S. capital will be well represented: North Am. Rev. Vol. 156, pp. 190 - 199. - (x) Government encouragement. - (b) U. S. can land troops more quickly than European powers. - (c) U. S. has prior right to protect company from Gov. usurpation. (1) Monroe Doctrine...
...Railroads should be operated for public interests alone. - (a) Of a public nature. - (1) Economic relations: Harper's Mo., Vol. 73, p. 250, - (2) Legal relation. - (3) Public highways...
...MOULTON and A. H. NEWMAN.Best general references: R. T Ely, in Harper's Mo. Vol. 73, pp. 250, 450, 571 (1886); E. J. James, in Am. Econ. Ass. Pub., II, 246; G. H. Lewis, Nat'l Consolidation of Railways; T. V. Powderly, in Arena, VII, 58 (Dec. 1892); Lalor's Cyclopaedia...
...objectionable in administration: Mill's Political Economy, II, 426. - (1) Difficult to ascertain real incomes. - (2) Inquisitorial in nature. - (3) A tax on honesty. - (c) It is not approved by experience. - (1) Has serious inequalities: Gustav Cohn in Political Science Quarterly, IV, 56 March 1889); Consular Reports, 1888, Vol. 99, 100, p. 700. - (2) Creates discontent: Bastable, Public Finance, p. 434. - (3) It is a war tax: J. Sherman, Cong. Rec. June...