Compared to his other achievements, the formation of the Texas Railroad Commission is good because the much needed regulation of railroads and such from potential extortion by corporations. This was important because it protected consumers from excessive rate costs and unfair railroad railway practices. The TRC had another goal in mind as it took pride in carefully taking care of railroads leaving room for economic growth that would positively impact the economy. Not only that, but in the future years the TRC would soon regulate much more than just railroads, soon handling pipelines along with oil and gas. Through time, the TRC also took part in several movements making Texas better. This was all because of Governer Hoggs approval and belief that the TRC was for the betterment of Texas.
god i hope that was worth it. i just revisted texas history for u lol
Student answers will vary but could include the following ideas: Hogg had long championed the cause of the “common man,” especially farmers. One of the most important battles faced by farmers in the late 1800s was unfair treatment by rail companies, especially in regard to the rates farmers were charged. The Texas Railroad Commission ended unfair shipping prices and price fixing. This was not only extremely helpful to Texas farmers, it also helped increase production in other Texas industries. The commission was so successful that it began to regulate and reform other industries such as the oil industry. The work of the commission had both short-term and long-term positive effects on the Texas economy.
In 1791 Hamilton and Jefferson disagreed about the government's economic problems. Hamilton wanted a national bank so the government could safely deposit money. Jefferson believed that Hamilton's plan gave too much power to the federal government.
Colonists must now pay duties on glass, paper, lead, paint, and tea imported from Britain. The existing non-consumption movement soon takes on a political hue as boycotts are encouraged both to save money and to force Britain to repeal the duties.
