Warren G. Harding: “They are met here by our invitation, not in our aloofness, and they accept our hospitality because they have faith in…”

Our unemployment, which gave its deep concern only a few weeks ago, has grown encouragingly less, and new assurances and renewed confidence will attend the congressional declaration that American industry will be held secure.

It is no radical departure, in view of varying conditions and the disordered state of money values, to provide for American valuation, but there can not be ignored the danger of such a valuation, brought to the level of our own production…

I believe Congress ought well consider the desirability of the only promising alternative, namely, a provision authorizing proclaimed American valuation, under prescribed conditions, on any given list of articles imported.

There is actual depression in our agricultural industry, while agricultural prosperity is absolutely essential to the general prosperity of the country.