Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1913-02-28
BIG BUSINESS"
AGAIN ATTACKED
BY GOV. WILSON
President elects Pre-Inaugura-
ton Book Severely Arraigns
Present Financial System.
COLLECTION OF SPEECHES.
Expresses New Spirit of Politics
Roosevelt and Progressives
are Strongly Censured.

NEW YORK, Feb. 2S.-A scathing
:arraignment of "big business" is con-
ta!ned in President-elect Wilson's pre-
Inauguration book "The New Free
DOM" which made its appearance for
the first time upon the news stands
here this week.
President-elect Wilson not only re-
lterates his attacks upon the trusts
OF the United States but sounds a
rev warning to the great financial
interests of the country. The work
is considered one of the most remark.
able ever put in the field both by
reason of the bitterness of it's arraign-
rent of the present financial system
and by reason of its pre-inauguration
exploitation of future presidential
policy, no other chief executive of the
United States since the Declaration of
Independence having duplicated the
feat of Mr.. Wilson.
The president-elect not only attacks
the trusts and monopolies of the
country, but makes 1t clear that he
will do all in his power to legitimately
restore trade competition and individ-
ual opportunities and to disentangle
community Capitalization which, he
says, has become dangerously CO. ordi-
mated.
Mr.. Wilson arraigns ex.President
Roosevelt and his program of benevo-
lent monopoly; strongly advocates an
advance policy of the initiative, refer
.endum and recall, with the exception
.ot the recall Of the judiciary, charges
the existence of money trust, and
.exrounds at length his political philo-
zsophy.
The president-elect explains that he
is not the actual author Of the book,
but that 1t is collection of the more
suggestive portions of his campaign
speeches put together by William
Dayard Hale, with such Interpolation
as would render the work an actual
exposition of Mr.. Wilson's views. The
book is signed by Mr.. Wilson.
Mr.. Wilson in his preface says:
"This book is an attempt to express
the new spirit of our politics and to
set forth In large terms, which may
stick in the Imagination, what 1t is
that must be done, IL we are to re-
store our politics to their spiritual
vigor again and our national life,
whether in trade, in industry or in
what concerns us only as families and
individuals, to its purity, ties self re-
;spect, and its christian strength and
freedom"
In writing under the subject: Mon
'opoly or Opportunity? Mr.. Wilson
-says:
II admit the popularity Of the the
'ory that the trusts have come about
through the natural development of
business conditions in the United
States and that 1t Is mistake to try
to oppose the processes by which they
have been built up.
Il answer, nevertheless. that this
attitude rests upon a confusion Of
thoughts. Big business is no doubt
to large extent necessary and nat
ural. The development Of business
upon large scale, upon great
scale Of cooperation, Is inevitable and,
let me add. is most probable. But
that is very different matter from
the growth of trusts, because trusts
have not grown; they have been ar
ti6cially created.
For my part want the pigmy
little business) to have chance and
! forsee the time when the pigmies
VIII be so much more athletic than
the giants that 1t will be case OF
Jack, the Giant Killer l take my
stand absolutely, where every pro
gressive ought to take his stand, on
the proposition that private monop
oily is indefensible and intolerable
And will fight my battle. And
know how to fight it. am perfect
~ willing that they (the trusts)
should best any competitor by fair
means, but l know the foul means
they have adopted and l know that
they can be stopped by law. What
we want to do is to disentangle this
colossal community of interests
CONTINUED on page 81