Arizona republican., 1921-12-07
(continued From Page n

expressed purpose of the Jones act. Only one conclusion has been pos sible. Frankly, members of house and senate, eager as I am to join you in the making of an American mer- chant marine commensurate with our commerce. the Announcement of our g. chaos of trade relationships and add fndescribably to the confusion of the already disordered commercial world. Our power to do so is not disputed, but power and ships, with out comity of relationship. will not give us the expanded trade which is inseparably linked with a great mer- chant marine. Moreover, tile applied reduction of duty, for which the treaty Announcements were neces- sary, encouraged only the carrying Of dutiable imports to our shores, while the tonnage which unfurls the flag on the seas is both free and dutiabie, and the cargoes which make a nation eminent in trade are outgoing, rather than incoming.
 sIt is not my thought to lay the problem in detail before you today. It is desired snly to say to you that the executive branch of the gov- ernment, uninfluenced by the pro- test of any nation. for none has been made, is well convinced that your proposal highly intended and heartily supported here. is so fraught with difficulties and so marked by tend encies to discourage trade expansion that I invite your tolerance of non- compliance for a very few weeks until plan may be presented which contemplates no greater draft upon the particular treasury, and which though yet too crude to offer 1t to- day, gives such promise of expand ing our merchant marine that 1t will argue its own approval. It is enough to say today thtt we are so pos sessed of ships and the American in- tention to establish merchant ma rine is so unalterable that plan oi reimbursement. at no other cost than is contemplated in the existing act will appeal to the pride and encour' age the hope of all the American people.
 s'There is before you the compile ton of the enactment of what ha: been termed 6 permanent tariff law the word permanent being used tt distinguish it from the emergenc, act which the congress expedited early in the extraordinary session ant which is the law today. I cannot too strongly urge an early completion of this necessary legislation. It | needed to stabilize our industry a home: it is essential to make nor, definite our trade relations abroad More, it is vital to the preservation of many of our own industries whicl contribute so notably to the very lift blood of our nation.
 There Is now, and there alwayl will be, storm of conflicting opin
 ion about any tariff revision. w cannot go far wrong when we bas' our tariffs on the policy of preserv
 ing the productive activities, whicf enhance employment and add to ou
 national prosperity.
 Again comes the reminder tha
 we must not be unmindful of tn
 world conditions, that peoples ar,
 struggling for industrial rehabilita
 ton and that we cannot dwell in in
 dustrial and commercial exclusion
 and at the same time do the jus thing in aiding world recognition ant readjustment We do not seek a self
 ish aloofness and we could not prof 1t by it were it possible. We recog
 nize the necessity of buying whereve
 we sell, and the permanence of trad
 lies in its acceptable exchanges. Il
 
 as well as receive. We cannot sell t others who do not produce, nor cal we buy unless we produce at home Sensible of eve4y obligation of hu manity. commerce and finance. link ed as they are in the present worl'
 condition, it is not to be argued tha we need destroy ourselves to be help full to others. With all my heart I wish restoration to the people blighted by the awful world war, bu the process of restoration does no lie in our acceptance of like condi tions. It were better to remain O. firm ground. strive for ample em | ployment and high standards 0 wages at home, and point the way t balanced budgets, rigid economy an resolute efficient work as the neces sary remedies to cure disaster. TRADE EXPANSION
 l Everything relating to trad 1 among ourselves and among nation 1 has been expanded excessive, inflat l ed, abnorma and there is a madnes l in finance which no American polio alone can cure. We are a credito