A really great people, proud and high spirited, would face all the disasters of war rather than purchase that base prosperity which is bought at the price of national honor.
The fortunes amassed through corporate organization are now so large, and vest such power in those that wield them, as to make it a matter of necessity to give to the sovereign - that is, to the Government, which represents the people as a whole - some effective power of supervision over their corporate use. In order to insure a healthy social and industrial life, every big corporation should be held responsible by, and be accountable to, some sovereign strong enough to control its conduct.
Just as little can we afford to follow the doctrinaires of an impossible - and incidentally of a highly undesirable - social revolution which, in destroying individual rights - including property rights - and the family, would destroy the two chief agents in the advance of mankind, and the two chief reasons why either the advance or the preservation of mankind is worthwhile.
The wild life of today is not ours to do with as we please. The original stock was given to us in trust for the benefit both of the present and the future. We must render an accounting of this trust to those who come after us.
It is imperative to exercise over big business a control and supervision which is unnecessary as regards small business. All business must be conducted under the law, and all business men, big or little, must act justly. But a wicked big interest is necessarily more dangerous to the community than a wicked little interest. 'Big business' in the past has been responsible for much of the special privilege which must be unsparingly cut out of our national life.
Behind the ostensible government sits enthroned an invisible government owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to befoul the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of today.
The Americans of other blood must remember that the man who in good faith and without reservations gives up another country for this must in return receive exactly the same rights, not merely legal, but social and spiritual, that other Americans proudly possess. We of the United States belong to a new and separate nationality. We are all Americans and nothing else, and each, without regard to his birthplace, creed, or national origin, is entitled to exactly the same rights as all other Americans.
A typical vice of American politics the avoidance of saying anything real on real issues, and the announcement of radical policies with much sound and fury, and at the same time with a cautious accompaniment of weasel phrases each of which sucks the meat out of the preceding statement.
It is both foolish and wicked to teach the average man who is not well off that some wrong or injustice has been done him, and that he should hope for redress elsewhere than in his own industry, honesty, and intelligence.
And it is through strife and the readiness for strife that a man or a nation must win greatness. So, let the world know that we are here and willing to pour out our blood, our treasure, our tears. And that America is ready and if need be desirous of battle