Then, of course, there was the devil let loose! General Wood came out in the next day’s paper, denouncing Butler’s statement as “a vicious and malicious falsehood.” It was necessary, said General Wood, “to brand a faker and denounce a lie.” And also there was Procter, Ivory Soap magnate, and General Wood’s principal backer, denouncing “this self-seeking and cowardly attack.” President Butler was interviewed by the New York “Times,” and was dignified. “I am sorry that General Wood lost his temper. It does not sound well.” He went on to point out that the New York “World” had exposed the corruptionists who were putting up the money for General Wood; and this made lively material for the Democratic campaign—you can imagine! There was a hurried session of the trustees of the University of the House of Morgan a day or two after that break of President Butler’s. I have been told on the best authority what went on there; but you don’t need to be told, you can imagine it. The interlocking president had denounced “stock-gamblers,” and here on his board was one who had made two million by cornering the market! He had denounced “mining promoters,” and here was a director in three mining companies! He had denounced “munition makers,” and here was the chairman of Remington Arms and Union Metallic Cartridge! The trustees laid down the law, either an apology or a resignation; and so, a couple of days later, the New York newspapers published a statement from President Butler as follows: “I am convinced that my word, spoken under the strain, turmoil and fatigue of the Chicago convention, and in sharp revolt against the power of money in politics, was both unbecoming and unwarranted and that I should, and do, apologize to each and every one who felt hurt by what I said.” The American people may have failed to appreciate the services of the president of their greatest university, but the plutocracy has appreciated him, and has showered upon him all the honors at its command. He has received honorary degrees from no less than twenty-five universities; he is a trustee of the Cathedral of St. John the Divine, and of the New York Life Insurance Company—the interlocking directorate! He is a member of fifteen clubs, and author of eight books of speeches. He has traveled abroad, and has been honored at Oxford and Cambridge, at Strassburg and Breslau. He is a Commander of the Red Eagle (with star) of Prussia, this honor dating from the year 1910. In 1917-18 Nicholas Murray Butler was, of course, a vehement Hun-hunter; he was also vehement in denouncing American Socialists, on the basis of their supposed pro-Germanism. But let us go back ten years, to the time when the seeds of the World War were being sown. What then was the attitude of American Socialists, and what was the attitude of President Butler?