We are not content to await the verdict of time, but we await it with confidence. We dislike to waste twenty-five more years in chasing up this Roosevelt blind alley, but if you should determine to make the trip—which we hope you will not—we shall still be on the main track when you come back.

If somebody else had the key to your house and would not let you in unless you paid him his price, you would not value highly the services of a policeman who should tell you that the way to deal with the gentleman was to “regulate” him. If the gentlemen had locked you out upon an average of four times a week, you would feel even less kindly disposed toward such a policeman.

We Socialists feel that the capitalist class has keys that belong to the American people, and that it has used and is using those keys to prevent the people from using their own, except upon the payment of tribute.

We feel that the capitalist class holds the keys to our workshops and will not let us enter except upon such tribute terms as they can wring from us.

We feel that the capitalist class has the keys to our coal fields and will not let us be warm in winter except upon the payment of money that should go, perhaps, for food or clothing.

We feel that the capitalist class has the keys of our national pantry and compels those to go hungry whom it has denied the right to work.

In short, we feel that the capitalists have the keys of our happiness—so far as happiness depends upon material things—and are compelling us to subsist upon uncertainty and fear, when security and contentment lie just at our elbows, awaiting the turn of the keys.

We Socialists are ready to stand behind any party that will pledge itself to return these keys to the people, reserving only the right to be convinced that the pledge is made in good faith and will be kept.

If Mr. Roosevelt will promise to use his best efforts to take from the capitalists the private ownership of industry, we Socialists shall believe he means business and shall begin to respect him.

If Mr. Wilson will make a similar promise, we shall feel the same toward him.