On the recordAugust 7, 1919
The prices the people of this country are paying for everything that it is necessary for them to use in order to live are not justified by a shortage in supply, either present or prospective.
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presidency.ucsb.eduThe prices the people of this country are paying for everything that it is necessary for them to use in order to live are not justified by a shortage in supply, either present or prospective.
Address to Congress On the High Cost of Living
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In my opinion the legislation proposed is not in the public interest and is objectionable.
One does not pay a compliment to the American farmer who attempts to alarm him by dangers from foreign competition.
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.
The imports of wheat have come mainly from Canada and Argentina and have not competed with the domestic crop.