It is also true,
ladies and gentlemen, that there are men now, a great many men, in the
belligerent countries who are growing rich out of the sale of the
materials needed by the armies of those countries. If the Government
itself does not manufacture everything that an army needs, somebody has
got to make money out of it, and I for my part have been urging the
Congress of the United States to make the necessary preparations by
which the Government can manufacture armor plate and munitions, so that,
being in the business itself and having the ability to manufacture all
it needs, if it is put upon a business basis, it can at any rate keep
the price that it pays within moderate and reasonable limits. The
Government of the United States is not going to be imposed upon by
anybody, and you may rest assured, therefore, that while I believe you
prefer that private capital and private initiative should bestir
themselves in these matters, it is also possible, and I assure you that
it is most likely, that the Government of the United States will have
adequate means of controlling this matter very thoroughly indeed. There
need be no fear on that side.
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