Evening journal., 1920-10-15
LOUISVILLE
PAYS TRIBUTE
TO HARDING
Chntinned from FIrsL Page.

trade it has been Republican politics
which have maintained high stand
4 ards OF American honor and American
commercial practices. and Il has been
Democratic policies whicn nave wesi-
ed their energies in obstruction and
whitening interference.
Il have said that success Is not a
crime 10 is not crime, whether an
enterprise is carried on al home or
whether American enterprise is sent
forth 10 do service abroad. lf /
were TO SPEAK 10 you for the pros
perlty Of American business ] would
speak 10 you only as TO the rank and
NE OF America. | would speak to
no laborer, Just as ! would speak 10
he banker. ] would speak 10 the
= professional man and The clerk and
hc school teacher and the housewife.
just as would speak TO The American
manufacturer and wholesaler.
we all depend, no matter how
humble we may be, upon The part W.,
play IN Inc great plan OF organized
industry. organized production aud
. organized foreign trade. created by
Americas genis, and maintained by
American honor
Expansion at Foreign Trade.
THE expansion OF American for
eign trade depends in great part upon
TIE intelligence and cooperation OF
you, the american people. lis pros
porlly rs your prosperity, It's sag
n1lion Is your stagnalion. You VIII
require, as I will require. that our
fore rn trade shall be honorably con-
Quoted, but you will know as 7 know,
thal We must fake our place Efficient
ily and fully in The great exchanges
Of The world
"These great exchanges OF the
fruits OF mans labor and OF lands far
apart are not dishonorable; they are
indeed tho only basis upon which
civilization advances. ] want II un-
derstood that have no. agreement
with those who feel that when a
/ strong popls trade with q weaker
people fairly. that this constitutes
exploitation. Tho history Of the world
, ehows that it constitutes for the
= weaker people. salvation.
II want 10 see America do her part.
I want TO see her recognize that. Just
as she recognizes that The shuttles "
her own Internal business knit The
nation together, 80 also will her for
cien trade help TO knit the world TO-
reincr 7 want 10 see AMERICA de-
Velop her foreign trade 70 its full ca
pac ty. I want 10 see her in friendly
competition based upon genius and
srience and no. upon force. I want 10
sec her keep up with tho strong and
do her part TO. help build up The
weak
Not Mere Pcddlinr
ave would be old-fash' 'oned indeed
Il we continue 10 believe that fore IN
trade Is created merely hv producing
something which might be sold
abroad The modern world with ns
modern business and rs crtcter bust
ness and its greQler competition has
gone far beyond thai simple notion
Once upon time a clipper ship could
load uDordered goods in a New Eng
land port and sal them out OF The
hold on me coast OF China sea When
some OF our American people have
trad not mere peddling Of goods,
when an NJ MS take more Interest in
lcafr1c about the world and less in
wi be hehcr appraciat on or whai
" rn 9ns To every man. woman and
child America 10 build up our for
eign trade. ard a better appreciation
OF how o must be done.
Foreign trade. I believe. stands
upon a tripod 10 stands upon: First
international finance. banking ex-
change and credit. Secondly, II
stands upon the development OF 2
merchant marine And thirdly. II
stands upon production and intelli-
gent salesmanship.
"Thesc three may be obstructed or
thcy may be aided. protected and fos-
tered by our government. I wan. Il
70 BE- understood that 7 an In favor
Of our government aiding. protecting
and fostering an .hree.
War a Great Teacher.
III the American people were IN.
aNsar OF me part which finance and
credit play N foreign trade. the ex-
perionce Of the war has been a grea