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" "An additional reason for caution in dealing with corporations is to be found in the international commercial conditions of to-day. The same business conditions which have produced the great aggregations of corporate and individual wealth have made them very potent factors in international Commercial competition. Business concerns which have the largest means at their disposal and are managed by the ablest men are naturally those which take the lead in the strife for commercial supremacy among the nations of the world. America has only just begun to assume that commanding position in the international business world which we believe will more and more be hers. It is of the utmost importance that this position be not jeoparded, especially at a time when the overflowing abundance of our own natural resources and the skill, business energy, and mechanical aptitude of our people make foreign markets essential. Under such conditions it would be most unwise to cramp or to fetter the youthful strength of our Nation. Moreover, it cannot too often be pointed out that to strike with ignorant violence at the interests of one set of men almost inevitably endangers the interests of all. The fundamental rule in our national life —the rule which underlies all others—is that, on the whole, and in the long run, we shall go up or down together.
Theodore Roosevelt, Jr. (27 October 1858 – 6 January 1919), also known as T.R. or Teddy, was an American statesman, author, explorer, soldier, naturalist, and reformer who served as the 26th president of the United States from 1901 to 1909. As a leader of the Republican Party during this time, he became a driving force for the Progressive Era in the United States in the early 20th century.
Biography information from Wikiquote
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You often hear people speaking as if life was like striving upward toward a mountain peak. That is not so. Life is as if you were traveling a ridge crest. You have the gulf of inefficiency on one side and the gulf of wickedness on the other, and it helps not to have avoided one gulf if you fall into the other. It shall profit us nothing if our people are decent and ineffective. It shall profit us nothing if they are efficient and wicked. In every walk of life, in business, politics; if the need comes, in war; in literature, science, art, in everything, what we need is a sufficient number of men who can work well and who will work with a high ideal. The work can be done in a thousand different ways. Our public life depends primarily not upon the men who occupy public positions for the moment, because they are but an infinitesimal fraction of the whole. Our public life depends upon men who take an active interest in that public life; who are bound to see public affairs honestly and competently managed; but who have the good sense to know what honesty and competency actually mean. And any such man, if he is both sane and high-minded, can be a greater help and strength to any one in public life than you can easily imagine without having had yourselves the experience. It is an immense strength to a public man to know a certain number of people to whom he can appeal for advice and for backing; whose character is so high that baseness would shrink ashamed before them; and who have such good sense that any decent public servant is entirely willing to lay before them every detail of his actions, asking only that they know the facts before they pass final judgment.
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To take charge of the most important work under my administration, the building of the Panama Canal, I chose General Goethals. Both of his parents were born in Holland. But he was just plain United States. He wasn't a Dutch-American; if he had been I wouldn't have appointed him. So it was with such men, among those who served under me, as Admiral Osterhaus and General Barry. The father of one was born in Germany, the father of the other in Ireland. But they were both Americans, pure and simple, and first-rate fighting men in addition.