South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-03-05
Complete Text of Inaugural
address of PreSt Harding


CONTINUED FROM PAGE 3D.
minoritcs are sacredly protected.
our revSions. reformauous and evo-
luions reflect a deliberate Judgment
and an orderly progress and we
~ can TO cure our Sis. but never de-
stroy or permit destruction b. force.
I had rather submit our industrial
Controversies 70 the conference table
In advance than 90 a settlement table
after conflict and suffering. The
earth is thirsung for the cup Of good
viii. understanding is It's fountain
source. wouIs like 20 acclaim an
era OF good feeling amid dependable
prosperity and all the blessings
which attend.
II has been proved again and
again we cannot while throwing orr
markets Opcn 90 the world. maintain
American standards OF living and
opportunity. and hold OsIr industrial
cmincnCc in such unequal Compeu-
lion. There H. "a Turing failacy in
the theory Of banishcd barriers OF
trade, but preserved American
standards require our higher prOduC-
tiOn costs 20 bc reflected in our tariffs
on imports. Today, a. never before,
when peoples are seeking trade Cx-
pansion. we must adjust our tariffs
90 the new order. We seek paTtiCi-
patton fra the worlds change. because
therein lies our way 90 widcncd in
nuenCc and the triumphs Of peace.
we know full well We cannot sell
where we do not buy, and we cannot
sell successfully where We do not
carry Opportunity Is calling not
alone for the restoration but for a
new era In production, transpOTta-
tiOn and trade. We shall answer IL
hest by meeting the demand OF a
surpa ssing home market by prcmot-
ing sclf-rclianCc i'm production and
b. bidding enterprise, genius and cf-
ficiency To carry our CargOcs in
American bottoms To the markets OF
the world.
COMMON WELFARE GOAL
OF NATIONAL ENDEAVOR.
We would not have an America
living within and for herself alone.
but we would have her seIf-reliant,
independent and even nobler, strong
or and richer. Believing i'm our
higher standards. reared through
constitutional liberty and maintained
opportunity we invite the world TO
the same heights But pride IN
things wrought is no reflex Of O.
completed task. Common welfare
is the goal of our national endeavOr.
Wealth IS not inimical to welfare;
10 ought to be it's frieudIiest agency.
There never can be equality of re-
wards or possessions $50 long rs tho
human plan contains varied talents
and differing degrees Of industry and
thrift but ours ought 20 be a coun-
Try free from great blotches Of dis
tressed poverty. We ought TO ind
a way 20 guard against the perils and
penalties OF unemployment We
want an America of homee, IL
lumined with hope and happiness,
where mothers. freed from the ne
cessity Of Ions hours Of toll beyond
their own doors may preside as be-
re f"o hear hstoue Of American cit
izcnship. we want the cradle Of
A- eIl,au childhood rocked under
conditions SO wholesome and 50
hopeful that no blight may touch
1t IA it's development and we want
TO provide that no selfish interest,
no material necessity. no lack OF
opportunity shall prevent the gain
ing Of that education so essential to
best citizenship.
There is no short cut To the max
ing Of these ideals into glad real