It can not too often be repeated that experience has conclusively shown the impossibility of securing by the actions of nearly half a hundred different State legislatures anything but ineffective chaos in the way of dealing with the great corporations which do not operate exclusively within the limits of any one State.
He argues that state-level actions are insufficient for effectively managing large corporations that operate across state lines.
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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.
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