US Presidency
1918

It has been the policy of the Executive, therefore, since the armistice was assured ( which is in effect a complete submission of the enemy ) to put the knowledge of these bodies at the disposal of the business men of the country and to offer their intelligent mediation at every point and in every matter where it was desired. It is surprising how fast the process of return to a peace footing has moved in the three weeks since the fighting stopped. It promises to outrun any inquiry that may be instituted and any aid that may be offered. It will not be easy to direct it any better than it will direct itself. The American business man is of quick initiative. The ordinary and normal processes of private initiative will not, however, provide immediate employment for all of the men of our returning armies.