Our emotions are stronger than our reasoning powers, and as a matter of fact, collective human action is and during any period which we need consider will be controlled by humanitarian instincts and not by the rigidity of economic theory. Individually, we do and always shall, seek each his own particular interest. Collectively, we invariably consider the welfare of all. This has been particularly impressed on me during the last few years, during which I have presided over the deliberations of a large body of good citizens, probably about equally divided between the accumulating and non-accumulating classes. Whatever the individual practices and tendencies of the respective members, whenever after discussion the collective opinion is expressed on any social topic the vote is invariably substantially unanimous for that policy which those present believe will make for the general good. It is not true that the rich desire to oppress the poor. It is not true that there is any real conflict of interest between classes. It is true that there is a general desire for the general welfare. And it is also true that the general welfare will be surest and soonest attained by cooperation, and not conflict between classes, under the direction of those proved to be strongest and wisest. I have said, and I am sure you must agree, that man economically differs from other animals mainly in his greater ability to evade the operation of Nature's own laws and to make use of the material resources and forces of Nature to assist him in so doing. And he does it mainly by collective action which is displayed most effectively and beneficently in those great economic organizations which we hate and stigmatize as "trusts" and which every one of us longs to get into as our best assurance of economic stability. The problem is how to so regulate these economic regulators of Nature, that each shall get from their beneficent operation, not that which is his ethical due, for that we can never determine, nor would it be for the general welfare that each should receive his due, but that which each can receive without injury to Society.