Mr. Wilson says that for sixteen years the National Administration has “been virtually under the regulation of the trusts,” and that the big business men “have already captured the Government.” Such a statement as this might perhaps be pardoned as mere rhetoric in a candidate seeking office—although it is the kind of statement that never under any circumstances have I permitted myself to make, whether on the stump or off the stump, about any opponent, unless I was prepared to back it up with explicit facts. But there is an added seriousness to the charge when it is made deliberately and in cold blood by a man who is at the time President. In this volume I have set forth my relations with the trusts. I challenge Mr. Wilson to controvert anything I have said, or to name any trusts or any big business men who regulated, or in any shape or way controlled, or captured, the Government during my term as President. He must furnish specifications if his words are taken at their face value—and I venture to say in advance that the absurdity of such a charge is patent to all my fellow-citizens, not excepting Mr. Wilson.
Mr. Wilson says that the new party was founded “under the leadership of Mr. Roosevelt, with the conspicuous aid—I mention him with no satirical intention, but merely to set the facts down accurately—of Mr. George W. Perkins, organizer of the Steel Trust.” Whether Mr. Wilson’s intention was satirical or not is of no concern; but I call his attention to the fact that he has conspicuously and strikingly failed “to set the facts down accurately.” Mr. Perkins was not the organizer of the Steel Trust, and when it was organized he had no connection with it or with the Morgan people. This is well known, and it has again and again been testified to before Congressional committees controlled by Mr. Wilson’s friends who were endeavoring to find out something against Mr. Perkins. If Mr. Wilson does not know that my statement is correct, he ought to know it, and he is not to be excused for making such a misstatement as he has made when he has not a particle of evidence in support of it. Mr. Perkins was from the beginning in the Harvester Trust but, when Mr. Wilson points out this fact, why does he not add that he was the only man in that trust who supported me, and that the President of the trust ardently supported Mr. Wilson himself? It is disingenuous to endeavor to conceal these facts, and to mislead ordinary citizens about them. Under the administrations of both Mr. Taft and Mr. Wilson, Mr. Perkins has been singled out for special attack, obviously not because he belonged to the Harvester and Steel Trusts, but because he alone among the prominent men of the two corporations, fearlessly supported the only party which afforded any real hope of checking the evil of the trusts.