FREE BOOKS

Author's List




PREV.   NEXT  
|<   366   367   368   369   370   371   372   373   374   375   376   377   378   379   380   381   382   383   384   385   386   387   388   389   390  
391   392   393   394   395   396   397   398   399   400   401   402   403   404   405   406   407   408   409   410   411   412   413   414   415   >>   >|  
t and ruthless destruction of plume birds for the millinery trade; the Tortugas Key, Florida, where, in connection with the Carnegie Institute, experiments have been made on the homing instinct of birds; and the great bird colonies on Laysan and sister islets in Hawaii, some of the greatest colonies of sea birds in the world. CHAPTER XII THE BIG STICK AND THE SQUARE DEAL One of the vital questions with which as President I had to deal was the attitude of the Nation toward the great corporations. Men who understand and practice the deep underlying philosophy of the Lincoln school of American political thought are necessarily Hamiltonian in their belief in a strong and efficient National Government and Jeffersonian in their belief in the people as the ultimate authority, and in the welfare of the people as the end of Government. The men who first applied the extreme Democratic theory in American life were, like Jefferson, ultra individualists, for at that time what was demanded by our people was the largest liberty for the individual. During the century that had elapsed since Jefferson became President the need had been exactly reversed. There had been in our country a riot of individualistic materialism, under which complete freedom for the individual--that ancient license which President Wilson a century after the term was excusable has called the "New" Freedom--turned out in practice to mean perfect freedom for the strong to wrong the weak. The total absence of governmental control had led to a portentous growth in the financial and industrial world both of natural individuals and of artificial individuals--that is, corporations. In no other country in the world had such enormous fortunes been gained. In no other country in the world was such power held by the men who had gained these fortunes; and these men almost always worked through, and by means of, the giant corporations which they controlled. The power of the mighty industrial overlords of the country had increased with giant strides, while the methods of controlling them, or checking abuses by them, on the part of the people, through the Government, remained archaic and therefore practically impotent. The courts, not unnaturally, but most regrettably, and to the grave detriment of the people and of their own standing, had for a quarter of a century been on the whole the agents of reaction, and by conflicting decisions which, however, in their sum were
PREV.   NEXT  
|<   366   367   368   369   370   371   372   373   374   375   376   377   378   379   380   381   382   383   384   385   386   387   388   389   390  
391   392   393   394   395   396   397   398   399   400   401   402   403   404   405   406   407   408   409   410   411   412   413   414   415   >>   >|  



Top keywords:

people

 

country

 
century
 

President

 

Government

 

corporations

 
gained
 
fortunes
 

American

 

practice


belief
 
individual
 
freedom
 

Jefferson

 

strong

 

individuals

 
industrial
 

colonies

 

perfect

 

conflicting


practically

 

absence

 

reaction

 

financial

 

growth

 

portentous

 

governmental

 

control

 

Wilson

 

license


ancient

 

complete

 

courts

 

excusable

 

impotent

 
decisions
 
turned
 

Freedom

 

called

 

archaic


natural
 
worked
 

increased

 

strides

 

detriment

 

regrettably

 
overlords
 

mighty

 
methods
 

artificial