The industrial problems
President Roosevelt speaks to a crowd in Wheeling, West Virginia. After thanking and praising native Senator Nathan B. Scott for the introduction, Roosevelt discusses how America is living in a period of unparalleled prosperity and advancement in the wake of the Industrial Revolution. However, that prosperity comes with its own problems, namely those related to the rise of large, interstate corporations. He encourages the crowd to reject patent solutions or revolutionary reactions to the problems introduced by trusts. Rather, he asserts that the country must evolve, with the federal government regulating corporations, gaining facts and encouraging publicity but not opposing corporations as such. He compares the need to adapt the law to address trusts with the evolution of military arms and tactics; the means may change, but the need for citizen courage, honesty, and character remain.
Collection
Library of Congress Manuscript Division
Creation Date
1902-09-06