The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-10-15
IN ropay. that our foreign trade Will
I,vn "A u.boloSpme life,

n ropav. that our foreign trade Will
Not wise Government.
am not In favor OF tho SoEernrnVh..
whether from benevolent or nnS,ng
going into the practice OF extenaIhe
loans and credits TO support our 10.
aign trade. l am against TINS pecauS
II il outside tho function o. q
government. and because there Is
sense OF responsibility upon t no
~ offcials who handle the taxpayers
U1onnv than there would be II the tax
naycrs made their own decision 70 Nv
$50 in foreign securities. 1t is an uli-
fortunate thing for foreign lraue W.
the ncople arc unwilling TO tn'.et
fnrsirn securities because TINS either
tn.sns that foreign trade, based upon
The extension Of credits. rs stu!tu VI
that the banks Of America have TO usl,
dcrtakc TO draw upon tnelr lssoui
~ nm extent which disturbs ana enaalt-
W ~ a" ,hn stability of our financial sys-
tem Let US make no mistake ho"eNcL.
". cannot compete upon cQuSt ua fi
Win a country whose people arc VII
iny 70 invest in foreign loans ana cNu
its, until the people OF Amer1Ga. m tcm.
can invest, have available the eniighten-
ment and information which VIII cause
them to back up our foreign traue'
UpouildIug Of Merchant MARINE.
Essential 10 our upbuilding or Tor
eign trade and to Its protectloh' GU" n-
building of our merchant marine ina,
Is matter which does not as sol'ie
neople suppose, merely concern inc e.
board OF our country; II concerns ne a.
interior just as vitality. Inc lin
rIps for US to make sure that we hoLo
the position into which we were brought
! bv tho war. after century or d's, M
grafton Of American shipping III
bondAoldcrs and taxpayers or tho ~ ~.
cd States have invested tnree p'ln,U,
aa1u
at our command greater gross '"L'
mage than any but ono nation N lm"
world. The war noarly sextupleo our
merchant marine capacity and IN tn'
year 1919. for tho hrst time IN n nnnt
Of our imports and exports were car
ricd in American bottoms.
am in favor OF holding That ndNnnt-
age. | am In favor Of the cnrorc"niTSaii
Of tho Jones' act which wan intended
To make It possible for US TO hoIu tnnI
advantage. ! have no hesitancy IN S!H-
ing full condemnation to the iAi,hr'
Of an administration TO put !nto rl!o't
the bidding OF congress- ssSS,rt nm i%r i
am for It because Of !ts protection !"
us In time OF war, and ! am for II De
cause no groat foreign trado can rf"r
be intrusted In great part 10 s",b
owned abroad and not sailing undor ln,
American flag, ] am for II. because
Tho freight rates which It earns In OK
norting goods abroad is an export IN
! itself. | am for IL mercNnt nlnil ,"'
| which gives employment to am am , ,,rC'
mariners and American crews ana pro
| tects their welfare by retaining tnD
seamcn's act Of 1918. which maintains
| the standard Of American Ihpor on Wv
! hirh seas I am for an American mr.
| chant marine because II IL INC ",,a
nrntcction We have against discrlmlnn
| lion in shipping and because IL auarn.
| tees that America shall hRvo ono OF
| tho ,hrce great essentials 10 Vigorou'
! growing FOREIGN trade.
| resentment Widespread
| Becnuso Americas foreign traho In OF
| v,tol interest ~ us all and touchoH re
prosperity OF every home there IN
| wide and righteous resentment because
| Of tho policy continued during neer!y
eirht years 81 one administration ano
resulting in hnRping upon our foreigr
trade imrodimentB and neglect. share
that resentment.
! E,rst. thore !s our diplomacy IA Il
Expresses our foreign policies. 1t has
In vital effect upon our foreign trade
va have seen a complete failure OF The
administration either to gather or &c
give, TO our business mon and our poo
pie any warning OF tho coming 81
tho World war. Tho impending connh''
was being discussed by Euroncar
statesmen and Diplomatic clerks, but
our own state department gave tho Am
Irr!Can foreign trade no warning. TINS
may have been duo to the fact TINT the
Democratic administration had demnral J.
Izad our diplomatic Herric" 10y rtmnv'
ing from their posts in important p!r".
ca auhstantiaily every trained man and
replacing them by unframed mon. sons
OF whom had no other qualifications
| than that OF being very large campaign
| contributors.
| seldom has any Information rnno
! from the Democratic state department