A prime requisite of commerce is transportation.

An exchange of commodities always results in an exchange of ideas.

While America is not the chief market for breadstuffs and animal products of these countries, it is and must be the chief market for industrial raw material, tropical and semitropical foods, copper, hides, wool, oil, cane sugar, and coffee.

The Pan American movement rests on the principle of mutual helpfulness.

Under our standard we do not expect the Government to support trade; we expect trade to support the Government.

I think it probably wise to look with more or less suspicion on reports concerning the attitude of this Government toward China and its representatives in China which originate out of our country.

International exchange of large dimensions becomes one of the strongest guaranties of peace.

Under free governments trade must be free, and to be of permanent value it ought to be independent.

Not only transportation, but communication, is necessary to commercial interchanged.

Commerce has no other permanent foundation.

Governments do not have commercial relations.

Our Pan American Union is creating a new civilization in these western Republics, representative of all that is best in the history of the Old World.

It is our conclusion that while government should encourage international trade [...] those who are actually engaged in the transaction of business must necessarily make their own contacts and establish their own markets.

I have happened to see a number of reports of that kind which had a foreign origin that didn't have any foundation.

It is axiomatic that a free press can exist only in a free country.

Because America is what it is, you are what you are.

Progress and civilization have always depended upon effort and sacrifice.

Toward the governments of countries which we have recognized this side of the Panama Canal we feel a moral responsibility that does not attach to other nations.