Evening star., 1921-09-26
TEXT OF ADDRESS
BY THE PRESIDENT
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with hardships of the winter sea-
son soon to be met.
do not venture to quote the stat
isticians, whether the maximum 1is-
ures are accurate or the minimum
more dependable. Owing to the far
swing from intensive endeavor ana
the effort to get down to solid foun-
dations, coupled with the difficulty
of readtusting expenditure-public,
corporate and Naturalization abb
normal to normal. the problem OF
unemployment is the most difficult
with which we are confronted.
Able to Solve Problems.
But there are no problems af-
fecting our national life and the
welfare of the American people
which we can not and will not
solve. If we fail today we will
try again tomorrow. There mas
been vast unemployment before,
and will be again. There VIII be
depression after imitation, Just as
surely as the tides ebb and flow,
but we can mitigate, We can
shorten duration, we can commit
all America to relief. And all
America has never failed when
committed to a common cause. II,
out of your councils, there comes
a remedy which all America help
fully may apply today. it may be
helpfully employed some time
again when similar conditions are
encountered.
II is fair to say that you are not
asked to solve the long-contro-
yerted problems of our social
system. We have builded the
America Of today on the funda-
mentals of economic. industrial
and political life which made US
what we are, and the temple
requires no remaking now. We
are incontestably sound We are
constitutionally strong. We are
merely depressed after the fever,
and we want to know the way to
valescence. When we know the
way. everybody in America
capital and labor employers and
employees. captains of industry and
the privates in the trenches-will
go over the top in the advance
drive of peace. Frankly. 1t is diff
cult to know whether we have
reached that bedrock to which
reaction runs before the upward
course begins. but here are repre-
sentatives Of the forces which
MAKE lOI dii "C oiC vi S'St SA
be, and your soundings ought to
be reliable.
Source Of Trouble, Not Cure.
/ would have little enthusiasm
for any proposed relief which
seeks either palliation or tonic
from the public treasury. The
excess of stimulation from that
source is to be reckoned a cause
Of trouble rather than d source of
cure We should achieve but little
in a remedial way if we continued
to excite a contributing cause.
1t is not my thought Co suggest
your lines of conference. Mr..
Hoover, the Secretary of Com
merce. to whom have been COM
mitted the arrangements for this
important meeting, will present
the agenda. / have wished to
say to you that the people of the
United States are very deeply
interested, not alone the unem-
ployed. but all who are concerned
for our common veal. and the
world is looking on to find help
fulness in our American example.
Fundamentally sound, financially
strong. induStrially unimpaired,
commercially consistent and politi-
cally unfraid. there ought to be
work for everybody in the United
States who chooses to work. and
our condition at home and our
place in the world depend on
everybody going to work and
pursuing it with that patriotism
and devotion which make for a
fortunate and happy people.