The Holly chieftain., 1919-12-04

therefore of preventing the exports
from being made.
The productivity of the country,
greatly stimulated by the war, must
find an outlet by exports to foreign
countries and any measures taken to
prevent imports will inevitably curtail
exports, force curtailment of pr0duc-
tiOn, load the banking machinery Of
the country with credits to carry un-
sold products and produce industrial
stagnatiOn and unemployment. II we
want to sell, We must be prepared to
buy.
America Greatest Capitalist in World.
Whatever, therefore, may have been
our views during the period of growth
Of American business concerning tar
if legislation, We must now adjust
our own economic life to changed
condition growing out Of the fact that
American business is full grown and
that America is the greatest capitalist
In the world.
No policy of isolation will satisfy
the growing needs and opportunities
VI <AMCIiS0. Lie SlhuudIub
and policies of the past, which have
held American business as if in
straightjacket, must yield and give
way to the needs and exigencies Of
the new day in which we live, 4 day
full of hope and promise for Ameri.
can business, If we will but tak. ad.
vantage Of the opportunities that are
ours for the asking.
The recent war has ended our iso-
lation and thrown upon US q great
duty and responsibility. The United
States must share the expanding world
market. The United States desires
for itself only equal opportunity with
the other nations of the world, and
the process Of friendlq co operation
and foreign competition SO the legit.
innate interests of all nations concerned
may be successfully and eQuitably ad.
justed.
Must Give Relief to Returned yanks.
There are other matters of import.
ance upon which urged action at the
pressing for solution. am sure 1t IN
not necessary for me again to remind
you that there Is one immediate and
very practicable question resulting
from the war which we should meet
in the most liberal spirit. 1t is a mat
ter of recognition and relief to our sol.
diers. can do no better than to quote
from my last message urging this very
action:
g
I'VE must see to it that our return
ing soldiers are assisted in every prac-
ticable way to find the places for
which they are fitted in the daily work
Of the country. This can be done by
adequate scale the admirable organiza-
ton created by the Department Of La
Dor for placing men seeking work; and
it can also be done, in at least one
very great field, by creating new
opportunities for individual enterprise
Urges support for seerstary's Plans.
"The secretary Of the interior has
pointed out the way in which return
ing soldiers may be helped to fund
and take up land in the hitherto un-
developed regions of the country which
the federal government already has
prepared or can readily prepare for
cultivation and also on many of the
cutover or neglected areas which lie
within the limits of the older states
and l once more take the liberty Of
recommending very urgently that his
plans shall receive the immediate and
substantial support Of Congress
In the matter of tariff legislation, /
beg to call your attention to the state
ments contained in my last message
urging legislation with reference to
the establishment Of the chemical and
dyestuffs industry in America:
Dependence Interruptsd Trade.
Among the industries to which spe-
cial consideration should be given 10
that of the manufacture Of dyestuffs
and related chemicals Our entire de-
pendence upon German supplies before
the war made the interruption Of trade
a cause for exceptional economic dis
turhance. The close relation between
the manufacture Of dyestuff, on the
one hand, and Of explosives and poi
sonous gases on the other, moreover,
has given the industry an exceptional
significance and value.
Although the United States will
gladly and unhesitatingly Join In the
program of international disarmament,
1t will, nevertheless, be policy of OBJ
vious prudence 10 make certain Of the
maintenance OF many strong and we'll