justice comes first. Law is the machinery for
its realization and is vital only as it expresses and embodies it.

An international congress for the discussion of all questions that
affect safety at sea is now sitting in London at the suggestion of our
own Government. So soon as the conclusions of that congress can be
learned and considered we ought to address ourselves, among other
things, to the prompt alleviation of the very unsafe, unjust, and
burdensome conditions which now surround the employment of sailors and
render it extremely difficult to obtain the services of spirited and
competent men such as every ship needs if it is to be safely handled and
brought to port.

May I not express the very real pleasure I have experienced in
cooeperating with this Congress and sharing with it the labors of common
service to which it has devoted itself so unreservedly during the past
seven months of uncomplaining concentration upon the business of
legislation? Surely it is a proper and pertinent part of my report on
"the state of the Union" to express my admiration for the diligence, the
good temper, and the full comprehension of public duty which has already
been manifested by both the Houses; and I hope that it may not be
deemed an impertinent intrusion of myself into the picture if I say with
how much and how constant satisfaction I have availed myself of the
privilege of putting my time and energy at their disposal alike in
counsel and in action.

TRUSTS AND MONOPOLIES

[Address delivered at a joint session of the two Houses of Congress,
January 20, 1914.]

GENTLEMEN OF THE CONGRESS:

In my report "on the state of the Union," which I had the privilege of
reading to you on the 2d of December last, I ventured to reserve for
discussion at a later date the subject of additional legislation
regarding the very difficult and intricate matter of trusts and
monopolies. The time now seems opportune to turn to that great question;
not only because the currency legislation, which absorbed your attention
and the attention of the country in December, is now disposed of, but
also because opinion seems to be clearing about us with singular
rapidity in this other great field of action. In the matter of the
currency it cleared suddenly and very happily after the much-debated Act
was passed; in respect of the monopolies which have multiplied about us
and in regard to the various means by which they have been organized and
main