Essays And Miscellanies

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Essays And Miscellanies
Joseph Smith Auerbach
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Digitized by Googk PRESroENT ROOSEVELT AND THE TRUSTS* IT is safe to say that the most important con- tribution yet made to the literature of so- called Trusts has been the series of addresses lately delivered by Mr. Roosevelt. The views of the ordinary citizen on the subject, while they may be interesting, are for the most part aca- demic; the settled convictions of the President of the United States stand for a good deal more.
In the opinion of Mr. Roosevelt, the evil or ten- dency to evil in
... Trusts is so evident, that only an intervention of the National Government with new authority by means of a sweeping, far- reaching Amendment of the Constitution of the United States, is equal to the pressing emer- gency.
The phraseology of Mr. Roosevelt is as unique as his plan.
* From The North American Review.
2124 Digitized by Googk PRESIDENT ROOSEVELT In Cincinnati, where he delivered his last elaborate address upon the subject, it was said: The necessary supervision and control, in which I firmly believe as the only method of eliminating the real evils of the Trusts, must come through nicely and cautiously framed legislation, which shall aim in the first place to give definite control to some sovereign over the great corporations.


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