Woodrow Wilson: “I say that we have an immense insurance against war, and that is exactly what this great covenant does.”

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

In recommending to you that Congress take appropriate action with regard to this agreement, certain facts should be brought to your attention.

The imports of wheat have come mainly from Canada and Argentina and have not competed with the domestic crop.

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.