Woodrow Wilson: “Opinion and concerted action on the part of purchasers can probably do the rest.”

It waits with acquiescence, in the first place, for laws which will effectively prohibit and prevent such interlocking of the personnel of the directorates of great corporations—banks and railroads, industrial, commercial and public…

In my opinion the legislation proposed is not in the public interest and is objectionable.

Actual relief can come only from the adoption of constructive measures of a broader scope, from the restoration of peace everywhere in the world.

Such a policy is antagonistic to the fundamental principle of equal and exact justice to all.