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Home > Art, Film & Photography > Federal Incorporation, Two Debates; The Constructive and Rebuttal Speeches of the Representatives of the University of Chicago vs. University of Michigan and the University of Chicago vs. Northwestern University in the Tenth Annual Contests of the
Federal Incorporation, Two Debates; The Constructive and Rebuttal Speeches of the Representatives of the University of Chicago vs. University of Michigan and the University of Chicago vs. Northwestern University in the Tenth Annual Contests of the

Federal Incorporation, Two Debates; The Constructive and Rebuttal Speeches of the Representatives of the University of Chicago vs. University of Michigan and the University of Chicago vs. Northwestern University in the Tenth Annual Contests of the


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1911 Excerpt: ... The Debate FIRST AFFIRMATIVE, MR. ARNOLD, NORTHWESTERN. Mr. Chairman, Honorable Judges, Ladies and Gentlemen--Stated in its simplest form, our question tonight is, --can all the people better express their ideas concerning the control of interstate corporations, through 46 separate state governments; or will it be more effective to have one sovereign power, to which the states have delegated their control? We are well aware in opening this debate tonight, that those who oppose the Federal government chartering interstate corporations urge that such a plan would be an innovation in our industrial methods. But you will readily recognize that this objection has done fatal service in by-gone years. In a contingency similar to the present, during our earlier history, when growing conditions demanded a more secure financial policy, the same destructive argument prevented the adoption of the National Bank, thus crippling this country with a disreputable system of "wild cat" banking for 75 years. The reason that our corporations are chartered by the states today is that originally commerce was comprehended only within state boundaries; there was no interstate commerce. But today our interstate corporations have grown into gigantic, national systems. The pre-requisite of all legislation is its necessity. When we recall the recent amazing centralization of wealth, its accompanying practices, we are forced to realize that modern industry has passed the stage of mere academic discussion, making imperative a change of control for interstate corporations commensurate with the present necessity. Such a plan Federal Incorporation would be. It would be keeping pace with industrial progress. It would recognize interstate corporations as a national power. It would provide a co...


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Product Details
  • ISBN-13: 9781151489449
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 34
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1151489441
  • Publisher Date: 08 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 82 gr


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