Woodrow Wilson: “Confidence is the basis of everything that we must do.”

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

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

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…