Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-12-03

shipments OF goods INTO this country
could only have the effect of prevent
ing them from paying for our exports
and therefore OF preventing the eX
ports from being made. The pro,
duetivity of the country greatly stim,
ulated by the war must find an outlet
by exports to foreign countries auC
any measures taken to prevent i'm,
ports will inevitably curtai exports
force curtailment of production, load
the banking machinery of the coun-
try with credits TO carry unsold prod.
ucts and produce industrial stagna.
tion and unemployment. If we want
to sell, we must be prepared to buy
Whatever, therefore, may have been
our views during the period Of growth
OF American business concerning tar
iff legislation. we must now adjust
our own economic life to a changed
condition growing out of the fact that
American business is full grown. and
that America is the greatest capitalist
in the world.
Opposes Isolation.
mo policy of isolation will satisfy
the growing needs and opportunities
of America. The provincial standards
and policies of the past. which have
AiNiu ftiii'A wan huSlitGS as II III q
straight jacket, must yield and give
way TO the needs and exigencies Of
the new day in which we live. a day
full of hope and promise for American
business, if we win but take advan-
tage of the opportunities that are ours
for the asking. The recent war has
ended our ISOLATION and thrown upon
US great duty and responsibility.
The United States must share the eX-
panding world market. The United
States desires for itself only equal OPP
portunity with the other nations of
the world. and that through the pro-
cess of friendly cooperation and fair
the legitimate interests OF
the nations concerned may be success
fully and equitably adjusted.
There are other matters of Inn
portance upon which l urged action
at the last session of congress which
are still pressing for solution. | am
sure it Is not necessary for me TO
again remind you that there is one
and very practicable ques-
tion resulting from the war which
we should meet in the most liberal
spirit, 1t is a matter of recognition
and relief to our soldiers. can do
no better than to quote from my last
message urging this very action:
From Former Message.
We must see to 1t that our re-
turning soldiers are assisted in every
way to find the places for
which they are fitted in the daily
work of the country. This can be
done by developing and maintaining
upon an adequate scale the admirable
organization created by the depart
nent of labor for placing men seeking
work; and it can also be done, IN att
least ode very great field, By creating
new opportunities for Individual en-
-erprise, The secretary of the interior
has pointed out the way by which re-
soldiers may be helped to find
and take up land in the hitherto un-
developed regions of the country
which the federal government has al |
'eady prepared or can readily prepare |
or cultivation, and also on many oil
he cutover or neglected areas which |
ie within the limits of the older |
itatesi and / once more take the lib |
'rty Of recommending very urgently
hat his plans shall receive the imme-
late and substantial support of the |
congress-
Tariff Legislation.
I'm the matter of tariff legislation,
beg to call your attention to the
tatements contained in my last mes
age urging legislation with reference
0 the establishment Of the chemical |
nd dyestuffs industry in America:
Among the industries to which
pecial consideration should be given
) that of the manufacture of dye
tufts and related chemicals. Our
n nlatn dpnnnInnnn
upplies before the war made the in
of trade cause of excep-
onal economic disturbance. The
lose relations between the manufac-
are of dyestuffs, on the one hand,
nd of explosives and poisonous gases
n the other, moreover has given the
ldustry an exceptional significance
nd value.
Although the United States will
lady and unhesitatingly join in the
rogram of international dsarma-
tent, il will never the less be a,policy
obvious prudence to make certain
the successful maintenance of
lany strong and well equipped chem
al plants. The German chemical in
ustry, with which we will be brought
ito competition, was and may well
0 again, q thoroughly knit monopoly ,
ipable of exercising competition of ,
peculiarly insidious and dangerous ,
ind
Must Increase Production.
During the war the farmer per- ,
)rmed a vital and willing service to G
le nation. BY materially increasing {
lie production Of his land. he sup
led America and the allies with the 7
creased amounts of food necessary
keep their immense armies in the !
eld He indispensably helped to win |
70 war. But there Is now scarcely .
SIS need of increasing the production .
food and the necessaries of life. I
k the congress to consider means of r
lcouraging effort along these lines. :
lie importance of doing everything 9
,ssible to promote production along /,
Continued on Page Four.)
. C. FRICK, FAMOUS 7
CTEEI NHhHMkTE MIRO q