Warren G. Harding: “We did not seek an excess possession of the world's gold, and we have neither desire to profit Unduly by its possession…”

We have been giving, and are giving now, of our influence and appeals to minimize the likelihood of war and throw off the crushing burdens of armament.

The influence of the United States in bringing near the settlement of an ancient dispute between South American nations is added proof of the glow of peace in ample understanding.

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…

We can not sell to others who do not produce, nor can we buy unless we produce at home.