We are under compulsion to stay in the partnership.
Editor's note · Context
Address at a Luncheon at the Palace Hotel in San Francisco, California
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Very little reflection would lead any one to conclude that the measure would not furnish in any substantial degree the relief sought by the producers of most of the staple commodities which it covers.
I am not convinced that the method proposed is wise, that the benefits, if any, would offset the evils which would result, or that the same or larger advantages cannot be secured without resort to Government intervention.
One does not pay a compliment to the American farmer who attempts to alarm him by dangers from foreign competition.
A recommendation at this time that suitable legislative action should be taken may appear somewhat premature, but in view of the approaching termination of my administration I have brought this matter to your attention, hoping that…





