On the record
We recognize the necessity of buying wherever we sell, and the permanency of trade lies in its acceptable exchanges.
Said by
Warren G. Harding
Source
gutenberg.orgWe recognize the necessity of buying wherever we sell, and the permanency of trade lies in its acceptable exchanges.
Harding emphasizes the importance of reciprocal trade relationships for economic stability.
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If we must choose between a people in idleness pressing for the payment of indebtedness, or a people resuming the normal ways of employment and carrying the credit, let us choose the latter.
With all my heart I wish restoration to the peoples blighted by the awful World War, but the process of restoration does not lie in our acceptance of like conditions.
We do not seek a selfish aloofness, and we could not profit by it, were it possible.
We can not go far wrong when we base our tariffs on the policy of preserving the productive activities which enhance employment and add to our national prosperity.