We […] hold the just balance and set ourselves as resolutely against improper corporate influence on the one hand as against demagogy and mob rule on the other. I understand perfectly that such an attitude of moderation is apt to be misunderstood when passions are greatly excited and when victory is apt to rest with the extremists on one side or the other; yet I think it is in the long run the only wise attitude.

Theodore Roosevelt (1858–1919) American politician, statesman, conservationist, writer, US President (1901–1909)

Letter (1899, Spring) to Senator Thomas Platt (R-NY)
    (Source)

Quoted in Roosevelt's Autobiography, ch. 8 "The New York Governorship" (1913). Platt, the top Republican in New York, had sent a letter to the new Governor of New York, questioning whether Roosevelt's "altruism" in business/labor affairs meant he was potentially a Populist or Socialist.