The result has been unfortunate for business interests generally because the mere fact that the President was "against the companies" (no matter on what grounds, or whether he was against them all or only against some) has encouraged throughout the country the anti-corporation feeling which needed no encouragement. Any time these forty years, or since the early days of the Granger agitation, the shortest road to notoriety and political advancement (at least in any of the Western States) has been by abuse of the railroad companies. A thousand politicians and newspapers all over the country are eager to seize on any phrase or pronouncement of the President which can be interpreted as giving countenance to the particular anti-railroad campaign at the moment in progress in their own locality. A vast number of people are interested in distorting, or in interpreting partially, whatever is said at the White House, so that any phrase, regardless of its context,--each individual act, without reference to its conditions,--which could be represented as an encouragement to the anti-capitalist crusade has been seized upon and made the most of. All over the West there have always, in this generation, been a sufficient number of persons only too anxious, for selfish reasons, to inflame hostility against the railroad companies or against men of wealth; but only within the last few years has it been possible for the most unscrupulous demagogue to find colour and justification for whatever he has chosen to preach in the example and precept of the President--and of a President whose example and precept have counted for more with the masses of the people than have those of any occupant of the White House since the war. In this way Mr. Roosevelt has done more harm than could have been accomplished by a much worse man.