Evening star., 1936-10-20


OF a strange new party which has
captured the Federal Government
in the name of the party Of JET
ferson, Cleveland and Wilson? Has
1t not repudiated traditional DEM
ccratic doctrines in international
trade and substituted new policies
which are clearly leading us to the
narrowest type Of economic nation
alism and other theories dangerous
to America and to world peace?
said recently at Minneapolis: II
am opposed to q policy of isolation.
! want to see prosperous world as
well as prosperous America. =.
A healthy international trade is es-
sential to world prosperity. Even
more than this, world prosperity is
good insurance against war.
The great enemy OF world trade to-
day :. Is the war-inspired doctrine
Of isolation and its resulting de-
mands for self-sufficiency. From
this we get embargoes, exchange re-
strictions and trade quotas. These
are the real hindrances to a healthy
exchange of goods between nations.
We must not join in this kind of
madness. II We are to maintain our
standing Of living the channels OF
world trade must remain open"
We Republicans have no quarrel
with the doctrine of reciprocity,
which is Republican in It's origin,
but in the language Of our plat
form I'VE condemn the secret me-
gotiation Of reciprocal trade trea.
ties without public hearing or leg
islative approval"
Principle Of Reciprocity
Termed Desirable.
The principle of reciprocal trade
agreements. as an aid in reopening
foreign markets. is desirable pro-
vided it is properly applied. The
New Deals program has not been
SO administered. 1t is not neces-
sary for me at this point to discuss
the secrecy of these negotiations,
the futility of the hearings which
were not open to the public, and
the gross unfairness of the entire
procedure. Those you know all
too well. But the nature of the
concessions to foreign nations
granted by this administration does
merit further consideration. The
farmers, who were already at a
heavy disadvantage, have been
called upon to make the first and
major sacrifices, as have pointed
out. in this alleged attempt to
break down barriers to the flew of
international commerce. Major en-
phasis in these negotiations should
have been upon securing conces-
sions from abroad for our agricul-
tural products rather than grant,
ing concessions to our agricultural
competitors.
What I object to primarily are
the concessions of this administra-
ton to nations which can send us
little but farm products. The con-
cessions from abroad have bene-
fitted. if at all, only our industrial
producers. However, at this point
1t would be well to mention that
the total volume Of our exports
both agricultural and industrial
has increased only per cent in
1885 over 1882.
Our industrial producers can ad-
just their affairs to existing condi-
tions more readily than the farm
ers. The wise industrialist has
the elements of his prosperity
largely in his own hands; not SO
with the farmer. He must not only
have the vision Of the wise indus
trialist as to costs of production
and markets, but he must also
gamble with the forces of nature
over which he can have no con-
troll, and with which the indus
trialist has no concern.
We Republicans will 80 conduct
the reciprocal trade negotiations as
to reopen foreign trade channels
in such a way as not to penalize
the American farmer or the indus
trial producer and workman. This
can be done and it will be done
once I am elected.
The most important problem fac
Ing us in the recapture of our lost
export markets destroyed by this
administration. Our farmers want
q full crop at fair price. This
they cannot have without our for
eign outlets and unrestricted pro-
duction. The barriers which have
been set up by foreign nations in
their desire to become self-suffi-
cient under the threat of war, must
be eliminated. Our Republican
platform provides: I'VE will adjust
tariffs with view to promoting in
ternational trade, the sterilization
of currencies, and the attainment
of a proper balance between agri-
culture and industry" This will
be our primary duty.
The present administration In
June, 1893, fumbled great oppor-
tunity to break the trend toward in