Woodrow Wilson: “There must be, not a balance of power, but a community of power; not organized rivalries, but an organized common peace.”

Such a policy is antagonistic to the fundamental principle of equal and exact justice to all.

Clearly, this is no time for the erection here of high trade barriers.

One does not pay a compliment to the American farmer who attempts to alarm him by dangers from foreign competition.

If there ever was a time when America had anything to fear from foreign competition, that time has passed.