Woodrow Wilson: “I hereby establish the War Industries Board as a separate administrative agency to act for me and under my direction.”

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

The burdens of war are not lifted when the fighting ceases.

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.