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Hoar, George Frisbie, 1826-1904

"Autobiography of Seventy Years, Vol. 1-2"

At the time when nearly every household in
the North was mourning for its dead, he tried to persuade
the people that Lincoln did not mean to put down the Rebellion.
He never gave the people wise counsel, and rarely told them
the honest truth. He rarely gave his homage to anybody. When
he did, it was to bad men, and not to good men.
There can be no worse influence upon the youth of the Republic
than that which shall induce them to approve sentiments, not
because they are true, but only because they are eloquently
said.

CHAPTER XXXVI
TRUSTS
I have given the best study I could to the grave evil of the
accumulation in the country of vast fortunes in single hands,
or of vast properties in the hands of great corporations--
popularly spoken of as trusts--whose powers are wielded by
one, or a few persons. This is the most important question
before the American people demanding solution in the immediate
future. A great many remedies have been proposed, some with
sincerity and some, I am afraid, merely for partisan ends.
The difficulty is increased by the fact that many of the evils
caused by trusts, or apprehended from them, can only be cured
by the action of the States, but cannot be reached by Congress,
which can only deal with international or interstate commerce.


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