ple are
honest and conscientious, anxious to serve their customers for a fair
return for their service. We want their cooeperation in our pursuit of
facts; we want to cooeperate with them in proposing and securing a
remedy. We do not deny the existence of economic laws, nor the right to
profit by a change of conditions.

But we do claim the right and duty of the Government to investigate and
punish any artificial creation of high prices by means of illegal
monopolies or restraints of trade. And above all, we claim the right of
publicity. That is a remedy with an arm longer and stronger than that of
the law. Let us know what is going on and the remedy will provide
itself. In working along this line we shall have great help from the
newspapers. The American people are prepared to meet any reasonable
burden; they are not asking for charity or favor; fair prices and fair
profits they will gladly pay; but they demand information that they are
fair, and an immediate reduction if they are not.

The Commonwealth has just provided money for an investigation by a
competent commission. Its Police Department, its Law Department, are
also at the service of our citizens. Let us refrain from suspicion; let
us refrain from all indiscriminate blame; but let us present at once to
the proper authorities all facts and all evidence of unfair practices.
Let all our merchants, of whatever degree, assist in this work for the
public good and let the individual see and feel that all his rights are
protected by his Government.

X

ONE HUNDREDTH ANNIVERSARY DINNER OF THE PROVIDENT INSTITUTION FOR
SAVINGS

DECEMBER 13, 1916

The history of the institution we here celebrate reaches back more than
one third of the way to the landing of the Mayflower--back to the day of
the men who signed the Declaration of Independence, who saw Prescott,
Pomeroy, Stark, and Warren at Bunker Hill, who followed Washington and
his generals from Dochester Heights to Yorktown, and saw the old Bay
Colony become the Commonwealth of Massachusetts. They had seen a nation
in the making. They founded their government on the rights of the
individual. They had no hesitation in defending those rights against the
invasion of a British King and Parliament, by a Revolutionary War, nor
in criticising their own Government at Washington when they thought an
invasion of those rights was again threatened by the preliminaries and
the prosecution of the War of 1812. They had