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The mechanism of modern business is so delicate that extreme care must be taken not to interfere with it in a spirit of rashness or ignorance. Many o… - Theodore Roosevelt
" "The mechanism of modern business is so delicate that extreme care must be taken not to interfere with it in a spirit of rashness or ignorance. Many of those who have made it their vocation to denounce the great industrial combinations which are popularly, although with technical inaccuracy, known as "trusts," appeal especially to hatred and fear. These are precisely the two emotions, particularly when combined with ignorance, which unfit men for the exercise of cool and steady judgment. In facing new industrial conditions, the whole history of the world shows that legislation will generally be both unwise and ineffective unless undertaken after calm inquiry and with sober self-restraint. [...] All this is true; and yet it is also true that there are real and grave evils, one of the chief being over-capitalization because of its many baleful consequences; and a resolute and practical effort must be made to correct these evils. There is a widespread conviction in the minds of the American people that the great corporations known as trusts are in certain of their features and tendencies hurtful to the general welfare. This [...] is based upon sincere conviction that combination and concentration should be, not prohibited, but supervised and within reasonable limits controlled; and in my judgment this conviction is right.
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About Theodore Roosevelt
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
Also Known As
Birth Name:
Theodore Roosevelt Jr.
Also Known As:
Teddy
Alternative Names:
Teddy Roosevelt
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Theodore Roosevelt, Jr.
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T. Roosevelt
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T. Roosevelt, Jr.
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T. R.
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Additional quotes by Theodore Roosevelt
In the long run, success or failure will be
conditioned upon the way in which the average man, the average women, does his or her duty, first in the ordinary, every-day affairs of life, and next in those great occasional cries which call for heroic virtues. The average citizen must be a good citizen if our republics are to succeed. The stream will not permanently rise higher than the main source; and the main source of national power and national greatness is found in the average citizenship of the nation.
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There must be not merely preparedness in things material; there must be preparedness in soul and mind. To prepare a great army and navy without preparing a proper national spirit would avail nothing. And if there is not only a proper national spirit, but proper national intelligence, we shall realize that even from the standpoint of the army and navy some civil preparedness is indispensable. For example, a plan for national defense which does not include the most far-reaching use and cooperation of our railroads must prove largely futile. These railroads are organized in time of peace. But we must have the most carefully thought out organization from the national and centralized standpoint in order to use them in time of war. This means first that those in charge of them from the highest to the lowest must understand their duty in time of war, must be permeated with the spirit of genuine patriotism; and second, that they and we shall understand that efficiency is as essential as patriotism; one is useless without the other.
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