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
arraignment Of big business" is con-
! tanned in President elect 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 it's arragnnent of the
present financial system and ~ reason
| Of its pre- inauguration exploitation of a
future presidential policy. no other
4 chief executive Of the United States
since the Declaration Of Independence
having duplicated the feat Of Mr.. viii
SON
: The president-elecl not only attacks
! the 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, he says, has be
come dangerously cO-ordained
Arragns 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 philos-
ophy.
The president-elect explains that he
Is not the actual author of the book. but
that it is Il collection of the more sug-
gestive 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 Mr.. Wilson's views. The
book is signed by Mr.. Wilson.
Mr.. Wilson in 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 NAV
stick in the imagination. what ii is
!
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 lndefensibIe.
In writing under the subject, Mo
nopoly or Opportunity" Mr. Wilson
says;
admit the popularity of the the
olN that the trusts have come about
through the natural development of
business conditions in the United
States and that it is mistake to
try to oppose the processes by
! which they have been built up
In answer nevertheless. that this
attitude rests upon 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 co cooperation, is inevi-
table and let me add, is most prob
able. But that is a very different
| matter from the growth of trusts,
| because trusts have not grown;
| they have been artihcially created.
For my part, I want the pigmy
Qittle business) to have a chance,
and | foresee the time when the
pigmies will be so much more ath-
| letio than the giants that 1t will
be a case of Jack the Giant Killer.
take my stand absolutely, where
! every progressive ought to take his
| stand, on the proposition that pr-
vate monopoly is ndefensible and
| intolerabIe. And | will fight my
! battle.
And | know how to fight It. | am
perfectly willing that they CHE
trusts should best any competitor
by fair means; but | know the foul
| means they have adopted and |