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This is a reprint, somewhat amplified, of an article printed recently in the New York Times. The original article was written before the recommendations of the Ways and Means Committee of the House of Representatives were reported. In a time of patriotic exaltation and of universal obligation and readiness to make great sacrifices to bring a most just and righteous war to a successful conclusion, the voice of sober argument and matter of fact... more...

A couple of weeks ago I went to Washington to contradict under the solemn obligation of my oath a gross and wanton calumny which, based upon nothing but anonymous and irresponsible gossip, had been uttered regarding my name. On my way between New York and Washington, thinking that, once on the stand, I might possibly be asked a number of questions more or less within the general scope of the Committee's enquiry, I indulged in a little mental... more...

This is one of the best books that has appeared about the war. It shows conclusively why the United States must put this war through to a finish, and why every good American and every believer in liberty and civilization must be heart and soul against Germany. The fact that Mr. Kahn himself is of German origin emphasizes the contention which every good American should make, namely, that the Americans who are in whole or in part of German blood... more...

The term "high finance" derives its origin from the French "haute finance," which in France as elsewhere in Europe designates the most eminently respectable, the most unqualifiedly trustworthy amongst financial houses. Why has that term, in becoming acclimated in this country, gradually come to suggest a rather different meaning? Why does there exist in the United States, alone amongst the great nations, a widespread attitude of suspicion,... more...

GOVERNMENT OWNERSHIP OF RAILROADS Paternalistic control, even when entirely benevolent in intent, is generally harmful in effect. It is apt to be doubly so when, as sometimes occurs, it is punitive in intent. The history of our railroads in the last ten years is a case in point. In their early youth our railroads were allowed to grow up like spoiled, wilful, untamed children. They were given pretty nearly everything they asked for, and what... more...