Woodrow Wilson Quotes
We have been trying at Washington to remove some of the shackles that have been put upon American business; but after you have removed the shackles you must determine what you are going to do with your liberty. And there are many tasks to perform for mankind. There are many things to be bettered in this world.
Wilson was very much the idealist and would not concur with the conservative view that the only obligation of a company is to its owners and shareholders.
Woodrow Wilson, 1856-1924, 28th President of the United States (Democrat, NJ), Speech, Kansas City
Sourced by: Eigen's Political and Historical Quotations
At the time, the economy was virtually controlled by the banks and others in the finance, as opposed to businesses that produced things or provided non-financial services to consumers and business which was that had prevailed ever since the Great Depression, when New Deal legislation controlled the banks, stock markets, and other facets of the financial industry.
Thomas Woodrow Wilson was an American politician and academic who served as the 28th president of the United States from 1913 to 1921. A member of the Democratic Party, Wilson served as the president of Princeton University and as the 34th governor of New Jersey before winning the 1912 presidential election. As President, Wilson led the United States into World War I in 1917. He was the leading architect of the League of Nations, and his progressive stance on foreign policy came to be known as Wilsonianism. Scholars have generally ranked Wilson in the upper tier of U.S presidents, although he has been criticized for supporting racial segregation and white supremacy.