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President Wilson, when Governor, declared in 1911: "The great monopoly in this country is the money monopoly. So long as that exists, our old variety and freedom and individual energy of development are out of the question. Agreat industrial nation is controlled by its system of credit. Our system of credit isconcentrated. The growth of the nation, therefore, and all our activities are in the hands of afew men, who, even if their actions be honest and intended for the public interest..