On "profound reconstitutions"........

Unfortunately, today's conservatives—self-made men like Elkins and Aldrich, both of them railroad board members—believed with complete sincerity in the stand-pat values embodied by President McKinley and Mark Hanna.   Roosevelt understood that a "profound reconstitution [had] taken place in modern industrial society." and that change was in the direction of economic redress.
     He also believed something else with complete sincerity, too:  that unless capital consented to some redistribution of profits, piling up beyond reason now that times were stable and competition was turning to complicity, "the radical elements in society" would resort to violence.

-Edmund Morris,  Theodore Rex