The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1919-12-02
Domestic Issues to Fore;
Peace Treaty to Be Dealt
Il With Later Says President
Text of Presidents
Message to Congress

creased and Europe has been de-
prived of the means of meeting
it heretofore p'sting. Europe
can have or tree ways of
meeting the !, lble balance of
trade in PEI !s'ne; by imports
into this q s of gold goods,
or by est !. ing new credits.
Europe is z 20 position at the
present : o ship gold to us.
nor coW = contemplate large
further s ITS of gold into this
countr7 5 .hout concern. The
time J ssS arly passed for inter-
natioF b. lvernmental loans and
l. W = ke time to develop in
this 9cSs try market for foreign
securities. Anything, therefore,
which would tend to prevent for
eign countries from settlir,. for
our exports by shipments of goods
into this country could only have
the effect of preventing them
from paying for our exports and
therefore of preventing the ex-
ports from being made. The pro-
ductivity 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 in
evitably curtail exports, force
cui tailment Cf production, load~
the banking machinery of the
country with cRedits to carry un-
sold products, and produce indus
trial stagnation and unemploy-
melt 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
tariff legislation, we must now
adjust our own economic life to
changed condition growing out
of the fact that American busi-
ness is full, grown and that
America is the greatest capitalist
in the world.
Isolation Can't Satisfy.
mo policy of isolation will sat-
isfy the growing needs and oppor-
tunities of America. The provin-
cial standards and policies of the
past. which have held American
business as if in straightjacket,
must yield and give way to the
needs and eXingencies of the new
days in which we live, a day full
of hope and promise for American
business, il we will but take ad-
vantage of. the opportunities that
are ours for the aasbjng. The re-
cekt war has e1ded -iour isolation
and thrown upon us a great duty
and responsibility. The United
States must share the expanding
world market. The United states
desires for'itself only equal oppor-
tunity with the other nations of
the world, and that through the
process of friendly cooperation and
fair competition the legitimate in
tereSts of the nations concerned
may be successfully and equtahly
adjusted.
There are other matters of inn
portance upon which | urged action
at the last session of congress,
which are still pressing for solu-
ton. | am sure it is 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 mat
ter of recognition and relief to our
soldiers, | can do no better than
to quote from my last message,
urging this very action:
I'VE must see to it that our re-
turning soIdlers are assisted IN eV-
cry pfacucahie way TO hnd thc
PAGES ior "n1ch tneE are ntleu IN
,n,, o I,'"' hn d"na b,, do,,etonirSsr ond
~ u,a
laaili ti,a ,,,iiahIo o,,,'' ri,atic,,
thn do,,ort,,'att oe Io
ho,. for nioci1g ,,ep soalxing norl,.
',Id - oi' oIs6 l,n aono u, ,oaet
o,,o omo ,'ar,, oroot 6o1d h,. craatimer
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tJ 90 ''t " . rI H.,
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hdi,,ad 70 f,d nd taro nm iaHd In
tha bithortn Inv I,,dnUoinnod S we re,ons % Of
tho th ~ h;o,r ~ fado..ai ',9
o,rn ,,,,a,t ooo'''' bo, aIrn,d, nra rad or
epn",emu d,' iS a,rv fo,i - o,Itivation
o,d 9 aIso ~, - n,a",, p Of Tho n,,t .o,,er
e,r'', a., ,e,iootoa ,rrh m nraas ,,bich ,ia with.
y, y; ~ ii,,';ta nr 81 nIdar et.,tce.
-, Oi 49, ,,,a,a tal,o 10 Iibert,,
anu o,'di,rr oS ,',U ,'.,,,. ''0 rrn,,tII,
~ thot ~ rIans U,5 sha,, ,aooi,,. No in,.
mediate and substantial support of
congress-
"In the matter of tariff legisla-
tjon I beg TO call YOUR attention to
the statements contained in my last
message urging LEGISLATION with
reference TO the establishment of
the chemical. and dyestuff industry
in america:
.,.-,.. a.. i,,a,,s,rio, 20 which
Ah'olls w .,ltt,a. i's, ~ ~ ho
specIa' tplia'uet d th tlo'' ,','r.'+,re 1"o,t,u
gwen Is xnal "a ~ o,u ii'a nha1,ioaIe
ol dyesIuils anu reia,eu Ue,,'C.e,o ',o,, Car
our collpiete aoPenu'.ioe se,i' ,i, % upo" a5o
man supphes pelo'e u,e Nal ',ro "iouo
tne lhteIruplioii Vi tiaue ,;.'.,,',' tau10
OF eAcepIloiai ,I eeolloi.iic NJ, pdaruI ,t, ~
ance' me close reIa5ioli pst"een s,L
the 1hahulaciure ol uSeHtuliH, o,I
the one hallu' anu VI eNp'o'ito tt
and poisonous gases on the
other, moreover, mas gwen the m
dustry an eNceptionanle sighnl-
canoe and value: Although the
United States Nlll gladly and un-
hesitatingly join in the program