Wilson's
statement that the Progressive programme was agreeable to the
monopolies. Ours was the only programme to which they objected, and they
supported either Mr. Wilson or Mr. Taft against me, indifferent as to
which of them might be elected so long as I was defeated. Mr. Wilson
says that I got my "idea with regard to the regulation of monopoly from
the gentlemen who form the United States Steel Corporation." Does Mr.
Wilson pretend that Mr. Van Hise and Mr. Croly got their ideas from the
Steel Corporation? Is Mr. Wilson unaware of the elementary fact that
most modern economists believe that unlimited, unregulated competition
is the source of evils which all men now concede must be remedied if
this civilization of ours is to survive? Is he ignorant of the fact that
the Socialist party has long been against unlimited competition? This
statement of Mr. Wilson cannot be characterized properly with any degree
of regard for the office Mr. Wilson holds. Why, the ideas that I
have championed as to controlling and regulating both competition and
combination in the interest of the people, so that the people shall be
masters over both, have been in the air in this country for a quarter of
a century.
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