“The captains of industry . . . have on the whole done great good to our people. Without them the material development of which we are so justly proud could never have taken place. . . . Yet it is also true that there are real and great evils. There is a widespread conviction in the minds of the American people that the great corporations known as trusts are uncertain of their futures and tendencies hurtful to the general welfare. This . . . is based upon sincere conviction that combinations and concentration should be, not prohibited, but supervised and within reasonable limits controlled; and in my judgment this conviction is right.”
What would he say about today’s corporate combinations and concentrations of power?