Happily, the general revival of conscience in this country has not been confined to those who were consciously fighting special privilege. The awakening of conscience has extended to those who were enjoying special privileges, and I thank God that the business men of this country are beginning to see our economic organization in its true light, as a deadening aristocracy of privilege from which they themselves must escape. The small men of this country are not deluded, and not all of the big business men of this country are deluded. Some men who have been led into wrong practices, who have been led into the practices of monopoly, because that seemed to be the drift and inevitable method of supremacy, are just as ready as we are to turn about and adopt the process of freedom. For American hearts beat in a lot of these men, just as they beat under our jackets. They will be as glad to be free as we shall be to set them free. And then the splendid force which has lent itself to things that hurt us will lend itself to things that benefit us.
And we—we who are not great captains of industry or business—shall do them more good than we do now, even in a material way. If you have to be subservient, you are not even making the rich fellows as rich as they might be, because you are not adding your originative force to the extraordinary production of wealth in America. America is as rich, not as Wall Street, not as the financial centres in Chicago and St. Louis and San Francisco; it is as rich as the people that make those centres rich. And if those people hesitate in their enterprise, cower in the face of power, hesitate to originate designs of their own, then the very fountains which make these places abound in wealth are dried up at the source. By setting the little men of America free, you are not damaging the giants.
It may be that certain things will happen, for monopoly in this country is carrying a body of water such as men ought not to be asked to carry. When by regulated competition—that is to say, fair competition, competition that fights fair—they are put upon their mettle, they will have to economize, and they cannot economize unless they get rid of that water. I do not know how to squeeze the water out, but they will get rid of it, if you will put them to the necessity. They will have to get rid of it, or those of us who don’t carry tanks will outrun them in the race. Put all the business of America upon the footing of economy and efficiency, and then let the race be to the strongest and the swiftest.
Our program is a program of prosperity; a program of prosperity that is to be a little more pervasive than the present prosperity—and pervasive prosperity is more fruitful than that which is narrow and restrictive. I congratulate the monopolies of the United States that they are not going to have their way, because, quite contrary to their own theory, the fact is that the people are wiser than they are. The people of the United States understand the United States as these gentlemen do not, and if they will only give us leave, we will not only make them rich, but we will make them happy. Because, then, their conscience will have less to carry. I have lived in a state that was owned by a series of corporations. They handed it about. It was at one time owned by the Pennsylvania Railroad; then it was owned by the Public Service Corporation. It was owned by the Public Service Corporation when I was admitted, and that corporation has been resentful ever since that I interfered with its tenancy. But I really did not see any reason why the people should give up their own residence to so small a body of men to monopolize; and, therefore, when I asked them for their title deeds and they couldn’t produce them, and there was no court except the court of public opinion to resort to, they moved out. Now they eat out of our hands; and they are not losing flesh either. They are making just as much money as they made before, only they are making it in a more respectable way. They are making it without the constant assistance of the legislature of the State of New Jersey. They are making it in the normal way, by supplying the people of New Jersey with the service in the way of transportation and gas and water that they really need. I do not believe that there are any thoughtful officials of the Public Service Corporation of New Jersey that now seriously regret the change that has come about. We liberated government in my state, and it is an interesting fact that we have not suffered one moment in prosperity.
What we propose, therefore, in this program of freedom, is a program of general advantage. Almost every monopoly that has resisted dissolution has resisted the real interests of its own stockholders. Monopoly always checks development, weighs down natural prosperity, pulls against natural advance.
Take but such an everyday thing as a useful invention and the putting of it at the service of men. You know how prolific the American mind has been in invention; how much civilization has been advanced by the steamboat, the cotton-gin, the sewing-machine, the reaping-machine, the typewriter, the electric light, the telephone, the phonograph. Do you know, have you had occasion to learn, that there is no hospitality for invention nowadays? There is no encouragement for you
