Woodrow Wilson: “I believe that the repeal of the act referred to would be of very great inconvenience to the country.”

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

Actual relief can come only from the adoption of constructive measures of a broader scope, from the restoration of peace everywhere in the world.

I herewith call your attention to an agreement with Belgium made by the British and French Premiers and myself.

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