The best way to avert the very undesirable move for the government ownership of railways is to secure by the Government on behalf of the people as a whole such adequate control and regulation of the great interstate common carriers as will do away with the evils which give rise to the agitation against them.
He asserts that effective government regulation can prevent the push for government ownership of railways.
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I deeply appreciate your letter, and I realize to the full the heavy responsibility it puts upon me.
I will accept the nomination for President if it is tendered to me, and I will adhere to this decision until the convention has expressed its preference.
I absolutely agree with you that this matter is not one to be decided with any reference to the personal preferences or interests of any man, but purely from the standpoint of the interests of the people as a whole.
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