The ill-gotten surplus capital acquired by exploiting the resources and the people of our country begets the imperialism which hunts down and exploits the natural resources and the people of foreign countries, erects huge armaments for the protection of its investments, breeds international strife in the markets of the world, and inevitably leads to war.

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The universal conviction of those who yet believe in the rights of the people is that the first step toward the prevention of war and the establishment of peace, permanent peace, is to give the people who must bear the brunt of war's awful burden more to say about it.

Mr. President, I had supposed until recently that it was the duty of senators and representatives in Congress to vote and act according to their convictions on all public matters that came before them for consideration and decision. Quite another doctrine has recently been promulgated by certain newspapers, which unfortunately seems to have found considerable support elsewhere, and that is the doctrine of “standing back of the President” without inquiring whether the President is right or wrong.
For myself, I have never subscribed to that doctrine and never shall. I shall support the President in the measures he proposes when I believe them to be right. I shall oppose measures proposed by the President when I believe them to be wrong.

Since the birth of the Republic, indeed almost within the last generation, a new and powerful factor has taken its place in our business, financial and political world and is there exercising a tremendous influence. The existence of the corporation, as we have it with us today, was never dreamed of by the fathers… The corporation of today has invaded every department of business, and it’s powerful but invisible hand is felt in almost all activities of life. The effect of this change upon the American people is radical and rapid. The individual is fast disappearing as a business factor and in his stead is this new device, the modern corporation.

More than all, the citizen and his representative in Congress in time of war must maintain his right of free speech. More than in times of peace it is necessary that the channels for free public discussion of governmental policies shall be open and unclogged.

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The basic principle of this government is the will of the people. A system was devised by its founders which seemed to insure the means of ascertaining that will and of enacting it into legislation and supporting it through the administration of the law. This was to be accomplished by electing men to make, and men to execute the laws, who, would represent in the laws so made and executed the will of the people. This was the establishment of a representative government, where every man had equal voice, equal rights, and equal responsibilities. Have we such a government today? Or is this country fast coming to be dominated by forces that threaten the true principle of representative government?

I think all men recognize that in time of war the citizen must surrender some rights for the common good which he is entitled to enjoy in time of peace. But, sir, the right to control their own government according to constitutional forms is not one of the rights that the citizens of this country are called upon to surrender in time of war.

To control the American market is to own America. It is better than that. Control of the market prices of this great country enables those in contral to tax the people through extortionate prices for the necessaries of life, to the limit of their earning power, and yet escape all of the responsibilities of ownership.

I have become more and more impressed with the deep underlying singleness of the issue. It is not the tariff or conservation or the currency. It is not the trusts. The supreme issue, involving all the others, is the encroachment of the powerful few upon the rights of the many.

We are slow to realize that democracy is a life; and involves continual struggle. It is only as those of every generation who love democracy resist with all their might the encroachments of its enemies that the ideals of representative government can even be nearly approximated.

In the course of every attempt to establish or develop free government a struggle between Special Privilege and Equal Rights is inevitable. [...] Our great industrial organizations [are] in control of politics, government and national resources. They manage conventions, make platforms, dictate legislation. They rule through the very men elected to represent the people. [...] The battle is just on. It is young yet. It will be the longest and hardest ever fought for Democracy. In other lands, the people have lost. Here we shall win. It is a glorious privilege to live in this time, and have a free hand in this fight for government by the people.

The mobbing of harmless, helpless Negroes in the capital of this country is the nation's everlasting shame. The responsibility for starting the riots, which ruled Washington for days, rests upon disorderly lawless whites. Peaceable, unoffending colored men and boys were beaten up and murdered by brutes who boast of our white civilization.

Rather in time of war the citizen must be more alert to the preservation of his right to control his government. He must be most watchful of the encroachment of the military upon the civil power. He must beware of those precedents in support of arbitrary action by administrative officials, which excused on the plea of necessity in wartime, become the fixed rule when the necessity has passed and normal conditions have been restored.