welfare of corporations which shrink from the light," wrote Mr. Roosevelt. And in this statement every one who had the best interests of our nation at heart agreed. To accomplish great works great corporations are often necessary, but they must conduct business in such a fashion that they are not ashamed to show their methods to the public at large.
At the opening of the year 1904 there were strong rumors of a war between Japan and Russia, over the occupation of Korea, and this war started early in February by a battle on the sea, wherein the Russian fleet lost several war-ships. This contest was followed by others of more or less importance, and it looked as if, sooner or later, other nations might become involved in the struggle.
"We must keep our hands off," said President Roosevelt, and at once issued a proclamation, calling on all good citizens to remain strictly neutral, and warning those who might take part that they could hope for no aid from the United States should they get into trouble personally or have any property confiscated. This proc-
