Woodrow Wilson: “Let me take them one by one.”

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.

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.