Woodrow Wilson: “Only a peace between equals can last.”

The price of wheat is a world price; and it is a matter of little moment whether the Canadian wheat goes directly into the markets of the other countries of the world or indirectly through this country.

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.

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

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…