This is necessary to assure favorable transportation facilities to our great ocean-borne commerce as well as to supplement the Navy with an adequate reserve of ships and men It would have the economic advantage of keeping at home part of the vast sums now paid foreign shipping for carrying American goods.
Taft emphasizes the importance of maintaining a strong merchant marine for economic reasons.
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Now, Therefore, I, William Howard Taft, President of the United States of America, do, in accordance with the provisions of the Act of Congress and the joint resolution of Congress herein named, declare and proclaim the fact that the…
This imposes a penalty on the domestic labor of cutting and would transfer half the process in the industry of shoemaking and glove making to foreign countries.
Now that they can be studied and understood—all the business men who touch the decision in any way will conduct their business hereafter according to the law.
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