Much has been said about the protective policy for ourselves making it impossible for our debtors to discharge their obligations to us.
Warren G. Harding: “Much has been said about the protective policy for ourselves making it impossible for our debtors to discharge their…”
Editor's note · Context
He reflects on the challenges of protective tariffs affecting international debt obligations.
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We ought not to find these partisan lines obstructing the expeditious solution of the urgent problems of peace.
But a people unemployed, and gaunt with hunger, face a situation quite as disheartening as war, and our greater obligation to-day is to do the Government's part toward resuming productivity and promoting fortunate and remunerative…
I can not too strongly urge in early completion of this necessary legislation It is needed to stabilize our industry at home; it is essential to make more definite our trade relations abroad.
I hope a way will be found to make for flexibility and elasticity, so that rates may be adjusted to meet unusual and changing conditions which can not be accurately anticipated.