The sun., 1918-07-15
GREAT TRADE PACT
EXCLUDES GERMANY


fensive alliance. but Of laying down the
economic principles Of the Association Of
Nations which In already In existence
and to membership OF which we are COM
mitted.
What are these principles to be? The
President has stated them in memorable
words. On January 8 he advocated the
removal so far as possible of all eco
monte barriers and the establishment
of an equality of trade among all the
nations consenting to peace and asso-
ciating themselves for It's maintenance.
"On December 4 he had already de-
fined the qualifications for membership
In this Association OF Nations In words
the wilson and Importance Of which
have been rendered doubly evident by all
we know Of the policy of domino tion. ex-
ploitation and exclusiveness introduced
by Germany into all her peace treaties
and forced by her upon her allies. In
that speech he considered what would
he the situation II the German people
should still. after the war was over.
continue to he Obliged to live under am
bilious and Intriguing masters Interested
to disturb the peace OF the world and
pointed out that II might then be i'm
possible to admit them either to the
partnership OF nations which must
henceforth guarantee the worlds peace
or to the free economic Intercourse
which must inevitably spring out OF the
other partnerships of a real peace
Protective Tariffs to Continue.
ITO these declarations We give our
warmest assent. hut do these deciara-
lions necessarily mean that we-the
associated nations-are to have no pro-
tective tariffs and no International COM
Every one Is agreed MS to that. In the
words Of the programme Of the Inter
allied Labor conference. the right OF
each nation To the defence Of Its own
economic interests and. in face of the
world shortage hereinafter mentioned. to
the conservation Of a sufficjency of food
sturs and materials, cannot be denied
Each member Of the Association Of
Nations may have to protect Its citizens
! In one way or another after the war. but
our aim must be comprehensive ar
rangement Of liberal intercourse with all
members Of the association by which
each one Of US. while preserving his
own national security. may contribute
to meet the needs and aid In the de-
vclopment Of his fellow members Nor
Of course can our arrangement for mu-
tual assistance exclude all competition.
though We are. most anxious that CO.
operation should be the keynote OF our
comm ,rcial relations. Our feelings in
this matter cannot be better described
than in the words Of James A. Farrell
to the Foreign Trade Council. namely:
Tho sacrifices that are being cheer
fully. endured to-day by men engaged
In foreign commerce In the necessary
curtailment of their business through
the conservation OF shipping are an
earnest OF the elevation Of method
and of purpose which will control the
conduct of our external trade In the
future
Gcrmany's Policy of PIunder.
There is but one obstacle to this
economic Association of Nations That
obstacle is Germany-the Germany de-
scrihed by President Wilson in the words
which ! have already quoted-a Ger
many living under ambitious and in
triguing masters. You have seen the
provisions of her commercial treaties
In the East. and with all the groups
of peoples from the Arctic Ocean to the
Black Sea. Her economic policy toward
these groups is absolutely contrary to
our principles. That policy began by
systematic and lawless piundcring in
Poland. in the Ukraine and elsewhere