"I believe that the nation must assume this power of control by legislation, and if it becomes evident that the constitution will not permit needed legislation, then by constitutional amendment. The immediate need of dealing with trusts is to place them under the real, not nominal, control of some sovereign to which, as its creature, the trusts shall owe allegiance, and in whose courts the sovereign’s orders may with certainty be enforced. That is not the case with the ordinary so-called 'trust’ to-day, for the trust is a large State corporation, generally doing business in other States also, and often with a tendency to monopoly. Such a trust is an artificial creature not wholly responsible to or controllable by any legislature, nor wholly subject to the jurisdiction of any one court. Some governmental sovereign must be given full power over these artificial and very powerful corporate beings. In my judgment this sovereign must be the national government. When it has been given full power, then this full power can be used to control any evil influence, exactly as the government is now using the power conferred upon it under the Sherman Anti-Trust law. "Even when the full power has been conferred it would be highly undesirable to attempt too much or to begin by stringent legislation. The mechanism of modern business is as delicate and complicated as it is vast, and nothing would be more productive of evil to all of us, and especially to those least well off in this world’s goods, than ignorant meddling with this mechanism, and, above all, if the meddling was done in a spirit of class or sectional rancor. {118} It is desirable that this power should be possessed by the nation, but it is quite as desirable that the power should be exercised with moderation and self-restraint. The first exercise of that power should be the securing of publicity among all great corporations doing an interstate business. The publicity, though non-inquisitorial, should be real and thorough as to all important facts with which the public has concern. The full light of day is a great discourager of evil. Such publicity would by itself tend to cure the evils of which there is just complaint, and where the alleged evils are imaginary, it would tend to show that such is the case. When publicity is attained it would then be possible to see what further should be done in the way of regulation. "Above all, it behooves us to remember not only that we ought to try to do what we can, but that our success in doing it depends very much upon our neither attempting nor expecting the impossible. …