There are other tracts of modern life where jungles have grown up that must be cut down. Take, for example, the entirely illegitimate extensions made of the idea of private property for the benefit of modern corporations and trusts. A modern joint stock corporation cannot in any proper sense be said to base its rights and powers upon the principles of private property. Its powers are wholly derived from legislation. It possesses them for the convenience of business at the sufferance of the public. Its stock is widely owned, passes from hand to hand, brings multitudes of men into its shifting partnerships and connects it with the interests and the investments of whole communities. It is a segment of the public; bears no analogy to a partnership or to the processes by which private property is safeguarded and managed, and should not be suffered to afford any covert whatever to those who are managing it. Its management is of public and general concern, is in a very proper sense everybody's business. The business of many of those corporations which we call public-service corporations, and which are indispensable to our daily lives and serve us with transportation and light and water and power,--their business, for instance, is clearly public business; and, therefore, we can and must penetrate their affairs by the light of examination and discussion. In New Jersey the people have realized this for a long time, and a year or two ago we got our ideas on the subject enacted into legislation. The corporations involved opposed the legislation with all their might. They talked about ruin,--and I really believe they did think they would be somewhat injured. But they have not been. And I hear I cannot tell you how many men in New Jersey say: "Governor, we were opposed to you; we did not believe in the things you wanted to do, but now that you have done them, we take off our hats. That was the thing to do, it did not hurt us a bit; it just put us on a normal footing; it took away suspicion from our business." New Jersey, having taken the cold plunge, cries out to the rest of the states, "Come on in! The water's fine!" I wonder whether these men who are controlling the government of the United States realize how they are creating every year a thickening atmosphere of suspicion, in which presently they will find that business cannot breathe? So I take it to be a necessity of the hour to open up all the processes of politics and of public business,--open them wide to public view; to make them accessible to every force that moves, every opinion that prevails in the thought of the people; to give society command of its own economic life again, not by revolutionary measures, but by a steady application of the principle that the people have a right to look into such matters and to control them; to cut all privileges and patronage and private advantage and secret enjoyment out of legislation.