Message of Governor T.M. Campbell to the thirtieth legislature of Texas, to which is appended the State Democratic Platform adopted at Dallas, Texas, August 13, 1906. Page: 11 of 27
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"The Governor of the State is hereby directed to issue the necessary
proclamation for said election and to have the same published as required
by the Constitution and the existing laws of the State."
TELEPHONE AND TELEGRAPH COMPANIES.
It seems that great inconvenience and much annoyance has been
occasioned the people in some quarters by the failure of telephone and
telegraph companies to make suitable connections at common points for
the transmission of each other's messages. This policy on the part of
the companies often results from indifference to the public requirements
and is often the result of a desire on the part of the stronger line to
make the business of the smaller line unprofitable, dissatisfy and frighten
its owners and promoters, then by purchase, often at its own price, absorb
and consolidate it with their own. This rife spirit of corporate consolidation
and unnatural monopoly should in my opinion be dealt with
in an effective way. The practice of consolidating public service corporations,
or corporate wealth in any form, should be stopped. With
due regard for the convenience and accommodation of the public, as
well as the rights of these companies, suitable and adequate legislation
requiring the companies under appropriate penalties to make suen connections
and transmit each other's messages is demanded by the platform
and is recommended.
PRIVATE CORPORATIONS AND ANTI-TRUST LAWS.
"We demand such amendments to our laws regarding private corporations
as will require the payment of at least 50 per cent of the capital
stock before filing charter and within two years the additional 50 per
cent of the capital stock, and that will insure greater publicity and a
greater measure of protection to creditors and stockholders." This is a
demand of the people with which I suggest ready compliance. To insure
"greater publicity and a greater measure of protection to creditors and
stockholders" and to aid in the enforcement of existing anti-trust laws,
I suggest briefly for your consideration:
1. A comprehensive law giving the Attorney General, or his authorized
assistant or duly accredited agent or representative, for the purpose
of investigation, full and free access to all the works, plants, offices,
books, vouchers and papers of any corporation doing business in Texas,
whether under charter granted by the State or by permit, and without
reference to whether such works, plants, offices, books, vouchers and
papers are situated within this State or out of it.
2. A law authorizing the Attorney General to issue his subpoena,
directed to any officer of this State authorized to execute similar process,
or to any agent appointed by him in any other State, commanding
such officer, if in Texas, or such agent, if out of the State, to summon
any president, director, other officer or agent of any corporation doing
business in Texas, either under a charter or permit, to appear in person
before the Attorney General or before any judge of a court of record
in Texas, and make true answers to all questions propounded to him
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Campbell, Thomas Mitchell. Message of Governor T.M. Campbell to the thirtieth legislature of Texas, to which is appended the State Democratic Platform adopted at Dallas, Texas, August 13, 1906., book, January 16, 1907; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth5859/m1/11/: accessed September 25, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .