To be able to break up trusts into smaller companies, he hoped to restore the competition that had once existed in the American economy. Wilson was an admirer of Thomas Jefferson. The agrarian utopia of small, educated farmers envisioned by Jefferson struck a chord with Wilson. Of course, the advent of industry could not be denied, but a nation of small farmers and small businesspeople seemed possible. The New Freedom Plan sought to achieve this vision by attacking what Wilson called the TRIPLE WALL OF PRIVILEGE- the tariff, the banks, and the trusts.