And State Papers 103 



to his neighbors ; but we can not afford to discourage 

 the development of such men merely because it is 

 possible they may use their power for wrong ends. 

 If we did so we should leave our history a blank, 

 for we should have no great statesmen, soldiers, 

 merchants, no great men of arts, of letters, of 

 science. Doubtless on the average the most useful 

 citizen to the community as a whole is the man 

 to whom has been granted what the Psalmist asked 

 for neither poverty nor riches. But the great cap 

 tain of industry, the man of wealth, who, alone or 

 in combination with his fellows, drives through our 

 great business enterprises, is a factor without whom 

 the civilization that we see round about us here 

 could not have been built up. Good, not harm, nor 

 mally comes from the upbuilding of such wealth. 

 Probably the greatest harm done by vast wealth is 

 the harm that we of moderate means do ourselves 

 when we let the vices of envy and hatred enter deep 

 into our own natures. 



But there is other harm; and it is evident that 

 we should try to do away with that. The great 

 corporations which we have grown to speak of 

 rather loosely as trusts are the creatures of the State, 

 and the State not only has the right to control 

 them, but it is in duty bound to control them wher 

 ever the need of such control is shown. There is 

 clearly need of supervision need to possess the 

 power of regulation of these great corporations 

 through the representatives of the public wherever, 

 as in our own country at the present time, business 



6 VOL. XIII. 



