heedlessness have fallen from our eyes. We have made up our minds to
square every process of our national life again with the standards we
so proudly set up at the beginning and have always carried at our
hearts. Our work is a work of restoration.

We have itemized with some degree of particularity the things that
ought to be altered and here are some of the chief items: A tariff
which cuts us off from our proper part in the commerce of the world,
violates the just principles of taxation, and makes the Government a
facile instrument in the hand of private interests; a banking and
currency system based upon the necessity of the Government to sell its
bonds fifty years ago and perfectly adapted to concentrating cash and
restricting credits; an industrial system which, take it on all its
sides, financial as well as administrative, holds capital in leading
strings, restricts the liberties and limits the opportunities of labor,
and exploits without renewing or conserving the natural resources of
the country; a body of agricultural activities never yet given the
efficiency of great business undertakings or served as it should be
through the instrumentality of science taken directly to the farm, or
afforded the facilities of credit best suited to its practical needs;
watercourses undeveloped, waste places unreclaimed, forests untended,
fast disappearing without plan or prospect of renewal, unregarded waste
heaps at every mine. We have studied as perhaps no other nation has the
most effective means of production, but we have not studied cost or
economy as we should either as organizers of industry, as statesmen, or
as individuals.

Nor have we studied and perfected the means by which government may be
put at the service of humanity, in safeguarding the health of the
Nation, the health of its men and its women and its children, as well