, 1875-11-13

ln'tol, atn,os. and IL HARMONY with
ot tho Slate ii Wssconain. Thai Instrument OK
prrthIy declares that "ths rrorcrsy of no por-
1uf, afall ho taken for rnhItn use without }uat
compensation therefor, land tho Potter law dooa
rres.ely that ly isns tho ra!aa 4! 40 iow sa to
itH ,prortsionH. II also provides that no LAWS
shall bs ras1ed by the Legislature whereby any
"rerSon shall ho deprived Of life, liberty, or
pRes pfeRs ehnn or etp ds s4ass Ct ~ M H. H.
Company c'afrnu that Tho pt,ltcr law conpois tho
ow'lets Of railroads to perform all Bervicos shat
n,ty DO required Of them IN tho transportation
OF freight at,d passengers for inadequate aud In
nafleicnt eompspsatlon, against their VIII that
u onforceH tho performance of theao duties by
fines and penalties against thu Eofnnnnv md i,y
criminal ptoaecGtion and impriaonncnt aBa!nat
1th employees aud TINT Il actusllr depriYos tho
and takcs from, them 3l,oou,oOo per snnunl,
which, but for this Inv. they wonld
havo rightfnliy aud rtoreriY raoeived
for tle nsss of thair property and Tho
e1aimcd that The Law is unconstitutional, because
it depriras tie stockholders If their privileges
and imtnunties AZ cittzeus Of the United Statcs,
end Of their property anil liberty e1an without
duo Erocesa Of law.
Ollnr very important points wero trough. to
tie attention Of the Court. bearing directly np-
on tho case, std among them wns discussed,
with great elaboration and particularly, the
question Of tho eainnt to viii icil Tho resarssd
power In tho Constitution eau intortera with
VESTED HtnurB,
aud to what extent Tho Wfacolsfn law can ba a.
lowed 10 procoe1 in impairlng tho contract that
wns entered INTO boeHeop tho State and tho rail-
road corporation when tta ctlastar waa faaucd
aud accepte.l. All tho locatobS Of al the courts
since tho famous Dartmouth College caso, in re-
gard to contracts were cited 10 boar ngailtHt tho
opclaslon Of tho Waconsin law. aud In what scsisa
ao a. dsvs vse oa sTs{ 81. {.se sse s'Taa et I'D as @
ieot, It will bo rcoollactol thai Hiatt Carpentor
volunteered = atot1dy opinion in the newspapers.
inteude1 to CATCH al tho bucolio votes for United
States Senator, taking tho ground that all rail
proper subjects of legislative control. The
Supreme Court has Hsld that they arc
public highways in The scnso that " they
aro facilities for passage and transportation
tie s. 70 S sS.i ui itset by ths pDS i supy ply
meant thai ''tho railroads ara public highwaJa.
bccA,1so the entire public has = right to be oar
rcd upon thom and to have It's property carried
upon, such terms as shall not be In violation Of
tho clattoF." But apart frnn1 this view Of tho
!nattar they are az much the private property nf
tie stockholders AZ 4 cotton mill Of i steam.
boat.
JrDoE swAS,
OF tho Supreme Court Of Ohio, who IL a furtst
Instead OF demagoguo, hss recently given ~
opinion upon tho rights Of stockholders to tlteir
property that kuocka 31r. Carpanter's fantastic
theories higher than auybodYa kits. Tho seuts-
manss a5o 40 tust and SO ably presentod that
ors a,e m 'sa1s th.t 90 TO
the very marrow Of tho suhjact:
tits . fundamental principle that neishor tho Gov
Sat-. nor i.yfoss sno{s CIR with tmnnnifv snb stth
ou compsusson. yio.te ri9hts OF nrans1y rasn onc
sad re os ssse 70 s
arc but thfps modea lT which Ii csn In sssata1 ~
sIrosssd IL sasrcay by despo.i.n, o. II by ~ rstarn
history Of man began. when masses Of ssrsaas ar.t
formed m tmperfect sqciai coupacs It l. to sisss
isye md perish togcter itcllisent sourts at, Roo
czsns tsrs moi ssaail it or raier with it, II il ths
te, ;ee on :, mana property from pse
, a1 T, a1 m cd y
uent " 2s T. osauar.3r 14o 11o e9 H.
patronage of the plc, II sees hardly necessary to
Jay that tho incorporation Of company BY ths ststc,
wsrs hs property a. the corporation f aequrod I'D
ae tns ,ets cor nG o. esta sor ao aso
IT, n1s IT, s os any oo
Of hoidius liz nrSperty which tlioy prrhased N ~
arsiaeal nau1c instead Of holng il. ~ they would
Tle great o11oct Of inecrpor.tiea I. 10 be.to ta
sa enassesr e ~ d ~ on coIlec-
w nc Hcu tSa aS..a "euy 81 x,...
uao or t,a statc. sbo st NV fnr Il iii yas whs,
= privata CORPORATION. sueh as raijroaI comp.nT.
,,lu.: pay for y snd u fua value. In the one o.ss
r. rss 'F "afee sns
railroad IL 10 more public use or public prop.
ertv, than hoto. or uesspApsr house. or steaIa
ths y, as y xaey re 20 taaes public
How many persons viii il taso 70 turn either jnse
puhllq uas sna confer On the General tsseabl. ths
H3tA@b Ill tu6k&t W Gl~