And State Papers 143 



that won. The only way we can ever work out 

 even an approximately satisfactory solution of these 

 great industrial problems, of which this so-called 

 problem of the trusts is but one, is by approaching 

 them in a spirit which shall combine equally sanity 

 and self-restraint on the one hand and resolute pur 

 pose on the other. 



It is not given to me or to any one else to promise 

 a perfect solution. It is not given to me or to any 

 one else to promise you even an approximately per 

 fect solution in a short time. But I think that we 

 can work out a very great improvement over the 

 present conditions, and the steps taken must, I am 

 sure, be along these lines along the lines, in the 

 first place, of getting power somewhere so that we 

 shall be able to say, the nation has power, let it 

 use that power and not as it is at present, where it 

 is out of the question to say exactly where the 

 power is. 



We must get power first, then use that power fear 

 lessly, but with moderation. Let me say that again 

 with moderation, with sanity, with self-restraint. 

 The mechanism of modern business is altogether too 

 delicate and too complicated for us to sanction for 

 one moment any intermeddling with it in a spirit 

 of ignorance, above all in a spirit of rancor. Some 

 thing can be done, something is being done now. 

 Much more can be done if our people resolutely 

 but temperately will that it shall be done. But the 

 certain way of bringing great harm upon ourselves, 

 without in any way furthering the solution of the 



