We must face the facts as they are and act upon them without sentiment in this stern business.
Woodrow Wilson
The Public Record
Woodrow Wilson was the 28th President of the United States, serving from 1913 to 1921. A member of the Democratic Party, he was born in Virginia and raised in Georgia before moving to New Jersey, where he became a prominent political figure. Wilson was a key leader of the Progressive Movement, advocating for reforms such as antitrust legislation and the establishment of the Federal Reserve System. His presidency is also noted for significant events such as the United States' involvement in World War I and his efforts to promote the League of Nations, an international organization aimed at preventing future conflicts.
Recent experience has convinced me that the Congress must go further in authorizing the Government to set limits to prices.
The law of supply and demand, I am sorry to say, has been replaced by the law of unrestrained selfishness.
While we have eliminated profiteering in several branches of industry, it still runs impudently rampant in others.