324. At home and abroad there is not a cloud on the political future of the united States. The economic conditions are not so flattering; and there are indications that a new era of struggle is opening before the country, and that it must meet even greater difficulties in the immediate future. The seeds of these may perhaps be found in the way in which the institutions of the country have met the new economic conditions which came in with the railway in 1830.
325. Corporations had existed in the United states before 1830, but the conditions, without the railway or telegraph, were not such as to give them pronounced advantages over the individual. All this was changed under the new regime; the corporation soon began to show its superiority. In the United States at present there are many kinds of business in which, if the individual is not very highly endowed, it is better for him to take services with a corporation. Individual success is growing more rare; and even the successful individual is usually succeeded by a corporation of some sort. In the United States, as in England, the new era came into a country which had always been decided in it's leanings to individual freedom; and the country could see no new departure in recognizing fully an individual freedom of incorporation. Instead of the old system under which each incorporation was a distinct legislative act, general provisions were rapidly adopted by the several States, providing forms by which any group of persons could incorporate themselves for any purpose. The first Act of the kind was passed in Connecticut in 1837,(...and on it goes ).
This is copied from a book I found, a book I have...a history book I can't remember where I found. The United States-History and Constitution(by Alexander Johnson-1888)
Oh, and I want to ID the plant/flower in pic up at top---any thoughts?
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