Mr。Wilsonhaspromisedtobreakupalltrusts。Hecandosoonlybyproceedingatlaw。Ifheproceedsatlaw,hecanhopeforsuccessonlybytakingwhatIhavedoneasaprecedent。Infact,whatIdidasPresidentisthebaseofeveryactionnowtakenorthatcanbenowtakenlookingtowardthecontrolofcorporations,orthesuppressionofmonopolies。ThedecisionsrenderedinvariouscasesbroughtbymydirectionconstitutetheauthorityonwhichMr。Wilsonmustbaseanyactionthathemaybringtocurbmonopolisticcontrol。WillMr。Wilsondenythis,orquestionitinanyway?WithwhatgracecanhedescribemyAdministrationassatisfactorytothetrustswhenheknowsthathecannotredeemasinglepromisethathehasmadetowaruponthetrustsunlessheavailshimselfofweaponsofwhichtheFederalGovernmenthadbeendeprivedbeforeIbecamePresident,andwhichwererestoredtoitduringmyAdministrationandthroughproceedingswhichI
directed?WithoutmyactionMr。Wilsoncouldnotnowundertakeorcarryonasinglesuitagainstamonopoly,and,moreover,ifithadnotbeenformyactionandforthejudicialdecisioninconsequenceobtained,Congresswouldbehelplesstopassasinglelawagainstmonopoly。
LetMr。WilsonmarkthatthemenwhoorganizedanddirectedtheNorthernSecuritiesCompanywerealsothecontrollingforcesintheverySteelCorporationwhichMr。Wilsonmakesbelievetothinkwassupportingme。IchallengeMr。Wilsontodenythis,andyethewellknewthatitwasmysuccessfulsuitagainsttheNorthernSecuritiesCompanywhichfirstefficientlyestablishedthepowerofthepeopleoverthetrusts。
AfterreadingMr。Wilson’sbook,Iamstillentirelyinthedarkastowhathemeansbythe“NewFreedom。”Mr。Wilsonisanaccomplishedandscholarlyman,amasterofrhetoric,andthesentencesinthebookarewell-phrasedstatements,usuallyinculcatingamoralitywhichissoundalthoughvagueandilldefined。TherearecertainproposalsalreadylongsetforthandpracticedbymeandbyotherswhohaverecentlyformedtheProgressivepartymadebyMr。WilsonwithwhichI
cordiallyagree。Thereare,however,certainthingshehassaid,evenasregardsmattersofabstractmorality,withwhichIemphaticallydisagree。Forexample,inarguingforproperbusinesspublicity,astowhichIcordiallyagreewithMr。Wilson,hecommitshimselftothefollowingstatement: