But nothing of importance is gained by breaking up a huge inter-State and international industrial organization _which has not offended otherwise than by its size_, into a number of small concerns without any attempt to regulate the way in which those concerns as a whole shall do business.

Nothing is gained by depriving the American Nation of good weapons wherewith to fight in the great field of international industrial competition.

Those who would seek to restore the days of unlimited and uncontrolled competition, and who believe that a panacea for our industrial and economic ills is to be found in the mere breaking up of all big corporations, simply because they are big, are attempting not only the impossible, but what, if possible, would be undesirable.

They are acting as we should act if we tried to dam the Mississippi, to stop its flow outright.

The effort would be certain to result in failure and disaster; we would have attempted the impossible, and so would have achieved nothing, or worse than nothing.