Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-02-17
WAR TO THE DEA TIL ON
TRUSTS WILSON'S PLAN:
OUTLINES HIS POLICY

NEW YORK, Feb. IA scathing
arraigrment Of big business" is con-
. tanned in Prcsident-eIect Wilson's pre-
Inauguration book The New Free
DOM" which made its appearance for
/ the first time upon the newsstands here
today.
President elect Wilson not only re-
iterated his attacks upon the trusts Of
/ the United States. but sounds a new
warning to the great financial inter-
ests Of the country. The work is con-
sidered one of the most remarkable ever
put in the field both by reason of the
bitterness of its arraignmeut of the
present financial system and py reason
Of its pre-inauguration exploitation of a
future presidential policy, no other
chief executive of the United States
since the Declaration OF Independence
having duplicated the feat Of Mr. Will
SON
The president-elect not only attacks
Jhc trusts and monopolies of the coun-
try. but makes it clear that he will do
all in his powed legitimately to restore
trade competition and individual OPP
portunity and disentangle community
Capitalization which. ne says. has be
come dangerously co-ordained
Arraigns Roosevelt.
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 of
the recall Of the judiciary, charges the
existence of a money trust and ex-
pounds at length his political phiIos-
ophy
The president-elect explains that he
is no, the actual author Of the book. but
that it is collection of the more sug-
sestive portions Of his campaign
speeches put together by William Bay
ard Hale with such Interpolation as
would render the work an actual ex-
position of Nh Wilson's views. The
book is signed by Mr. Wilson
Mr.. Wilson III his preface says:
This book is an attempt TO eX-
press the new spirit of our policies and
to set forth in large terms, which may
stick in the imagination, what it is
that must be done if we are to restore
our politics to their spiritual vigor and
our national life. whether in trade in
industry or in what concerns us ONLY
as families and individuals, to it's pu-
rity, its self-respect and its Christian
strength and freedom"
-@ Monopoly Indefensibe
In writing under the subject, Mo
nopoly or Opportunity Mr. Wilson
says:
admit the popularity of the the
ory that the trusts have come about
through the natural development of
business couEi,ions in the United
States and that it is a mistake to
try to oppose the processes by
which they have been built up.
In answer. nevertheless. that this
attitude rests upon a confusion Of
thoughts. Big Business is no doubt
to a large extent necessary and
natural The development of bus
mess upon a large scale. upon a
great scale of cooperation is inevi-
table and, let me add, is most prob
able. But that is a very different
HldtIeI 4IOill tile BIOWln Oh trusts,
because trusts have not grown
they have been artiticially created
For my part. | want the pigmy
Qittle business) to have a chance,
and l foresee the time when the
pigmies will be so much more ath-
letic than the giants that it will
be case of Jack-the Giant Killer.
take my stand absolutely, where
every progressive ought to take his
stand, on the proposition that pri-
Vate monopoly is ndefensbIe and
ntolerabe. And | will fight my
battle.
And know how to fight it. | am
perfectly willing that they Cthe
trusts should best any competitor
by fair means: but | know the foul
means they have adopted and !