Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-02-17
TRUSTS Played IN
NEW WILSON BOOK
Policy of Next Administration
Is Outlined in 1.-THE New
Freedom"
RECALL ADVOCATED FOR
ALL EXCEPT JUDICIARY
CURLING of Money Trust and
Other Monopolies Is
Planned.

A scathing arraignment of big
business" is contained in President
elect Wilson's pre-inauguration book,
THE New Freedom" which made its
appearance for the first time in the
book shops here today.
President elect Wilson not only re-
iterates his attacks upon the trusts,
great financial interests of the coun-
try. The work is considered one or
the most remarkable ever put in the
field, both by reason of the bitterness
of it's arraignment of the present
financial system and by reason of It's
pre-inauguration exploitation of
future presidential policy. No other
chief executive of the United States
since the Declaration of independence
duplicated the feat of Mr.. Wilson.
The President elect not only attacks
the trusts and monopolies of the
country, but makes it clear that ne
will do all in his power to restore
trade competition and individual OPP
portunity and to disentangle COM
munity Capitalization, which, he says,
has become dangerously coordinated.
Mr.. Wilson arralgns ex-Presldent
Roosevelt and his program of be-
devolent monopoly; strongly adVo-
.ates an advance policy of the in
,tiative, referendum and recall, with
the exception of the recall of the jul
dietary; charges the existence of
de af
his political philosophy.
The President elect explains that he
Is not the actual author of the book,
but that it is a collection of the more
suggestive portions of his campaign
speeches put together by William
Bayard 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:
New Spirit of Politics.
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 it is
that must be done If we are to restore
our pOllllCS u lll6lI spiritual Ni6OE
again and our national life, whether
in trade, in industry or in what con-
Germs us only as families and indiv-
iduals, to it's purity, its self-respect
and it's Christian strength and free
DOM"
In writing under the subject, Mo-
nopoly or Opportunity" Mr.. Wilson
says:
II admit the popularity of the
theory that the trusts have come
about through the natural develop
ment of business conditions in the
United States and that 1t is a mistake
TO try to oppose the processes by
which they have been built up.
'I 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 bust
ness upon large scale, upon a great
scale of cooperation, is inevitable,
and, let me add, is most probable; but
what is a very different matter from
the growth of trusts. because trusts
have not grown; they have been ar
tificially created.
Chance for Little Business.
For my part | want the pigmy
Qittle business) to have a chance, and
] forsee the time when the pigmies
will be so much more athletic than
the giants that it 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 monopoly
Is indefnsibe and intolerable, ard I
will fight my battle, and l know row
to fight it. l am perfectly wiling
that they the trusts should best any
competitor by fair means but know
the foul means they have adopted,
and I know that they can be stopped
by law What we want to do is to
disentangle this colossal community
of interests
The Roosevelt Progressive party
next comes under the fire of the
President-elect. After an analysis of
Progressive party tenets Mr.. Wilson
finds that 1.-The new party legalizes
monopoly and Systematically subordi-
mates working men to them and to
plans made by the government, both