banking, and street railroad scandals in New York;
a repetition of the Chicago and Alton deal; a repetition
of the combination between certain professional politicians,
certain professional labor leaders and certain big
financiers from the disgrace of which San Francisco
has just been rescued; a repetition of the successful
efforts by the Standard Oil people to crush out every
competitor, to overawe the common carriers, and to
establish a monopoly which treats the public with
the contempt which the public deserves so long as
it permits men like the public men of whom I speak
to represent it in politics, men like the heads of
colleges to whom I refer to educate its youth.
The outcry against stopping dishonest practices among
the very wealthy is precisely similar to the outcry
raised against every effort for cleanliness and decency
in city government because, forsooth, it will “hurt
business.” The same outcry is made against
the Department of Justice for prosecuting the heads
of colossal corporations that is made against the
men who in San Francisco are prosecuting with impartial
severity the wrongdoers among business men, public
officials, and labor leaders alike. The principle
is the same in the two cases. Just as the blackmailer
and the bribe giver stand on the same evil eminence
of infamy, so the man who makes an enormous fortune
by corrupting Legislatures and municipalities and
fleecing his stockholders and the public stands on
a level with the creature who fattens on the blood
money of the gambling house, the saloon and the brothel.
Moreover, both kinds of corruption in the last analysis
are far more intimately connected than would at first
sight appear; the wrong-doing is at bottom the same.
Corrupt business and corrupt politics act and react,
with ever increasing debasement, one on the other;
the rebate-taker, the franchise-trafficker, the manipulator
of securities, the purveyor and protector of vice,
the black-mailing ward boss, the ballot box stuffer,
the demagogue, the mob leader, the hired bully and
mankiller, all alike work at the same web of corruption,
and all alike should be abhorred by honest men.
The “business” which is hurt by the movement
for honesty is the kind of business which, in the
long run, it pays the country to have hurt. It
is the kind of business which has tended to make the
very name “high finance” a term of scandal
to which all honest American men of business should
join in putting an end. One of the special pleaders
for business dishonesty, in a recent speech, in denouncing
the Administration for enforcing the law against the
huge and corrupt corporations which have defied the
law, also denounced it for endeavoring to secure a
far-reaching law making employers liable for injuries
to their employees. It is meet and fit that the
apologists for corrupt wealth should oppose every
effort to relieve weak and helpless people from crushing
misfortune brought upon them by injury in the business
from which they gain a bare livelihood and their employers