Woodrow Wilson: “One does not pay a compliment to the American farmer who attempts to alarm him by dangers from foreign competition.”

We have been vigorously building up a great merchant marine and providing for improvement of marketing in foreign countries by the passage of an export trade law.

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

Clearly, this is no time for the erection here of high trade barriers.

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