Woodrow Wilson: “We must hold the light steady until they find themselves.”

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

I herewith call your attention to an agreement with Belgium made by the British and French Premiers and myself.

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.

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