Nor should anyone make the mistake, because the labors of Mr. Brandeis and others have recently brought about changes, that the system which was being attacked has been undermined. The currency bill has been passed, and as these words are written, it looks as if a group of trust bills would be passed. But systems are not ended in a day. Of the truths which are embodied in the essays printed in this book, some are being carried out now, but it will be many, many years before the whole idea can be made effective; and there will, therefore, be many, many years during which active citizens will be struggling for those principles which are here so clearly, so eloquently, so conclusively set forth.
The articles reprinted here were all written before November, 1913. “The Failure of Banker Management” appeared in Harper’s Weekly Aug. 16, 1913; the other articles, between Nov. 22, 1913 and Dec. 17, 1914.
Norman Hapgood.
March, 1914.