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territory in a way which the smaller man cannot afford to do. His business has not grown big enough to permit him to establish selling agencies. The export commission merchant, perhaps, taxes him a little too highly to make that an available competitive means of conducting and extending his business.

The question arises, therefore, how are the smaller merchants, how are the younger and weaker corporations going to get a foothold as against the combinations which are permitted and even encouraged by foreign governments in this field of competition? There are governments which, as you know, distinctly encourage the formation of great combinations in each particular field of commerce in order to maintain selling agencies and to extend long credits, and to use and maintain the machinery which is necessary for the extension of business; and American merchants feel that they are at a very considerable disadvantage in contending against that. The matter has been many times brought to my attention, and I have each time suspended judgment. I want to be shown this: I want to be shown how such a combination can be made and conducted in a way which will not close it against the use of everybody who wants to use it. A combination has a tendency to exclude new members. When a group of men get control of a good thing, they do not see any particular point in letting other people into the good thing. What I would like very much to be shown, therefore, is a method of coöperation which is not a method of combination. Not that the two words are mutually exclusive, but we have come to have a special meaning attached to the word "combination." Most of our combinations have a safety lock, and you have to know the combination to get in. I want to know how these coöperative methods can be adopted for the benefit of everybody who wants to use them, and I say frankly if I can be shown that, I am for them. If I can not be shown that, I am

against them. I hasten to add that I hopefully expect I can be shown that.

You, as I have just now intimated, probably can not show it to me offhand, but by the methods which you have the means of using you certainly ought to be able to throw a vast deal of light on the subject.

WILSON'S ADDRess at a Meeting of the AssOCIATED PRESS, NEW YORK, APRIL 20, 1915

[In which he pleads for "America First."]

Mr. President, Gentlemen of the Associated Press, Ladies and Gentlemen: I am deeply gratified by the generous reception you have accorded me. It makes me look back with a touch of regret to former occasions when I have stood in this place and enjoyed a greater liberty than is granted me to-day. There have been times when I stood in this spot and said what I really thought, and I can not help praying that those days of indulgence may be accorded me again. I have come here to-day, of course, somewhat restrained by a sense of responsibility which I cannot escape. For I take the Associated Press very seriously. I know the enormous part that you play in the affairs not only of this country but of the world. You deal in the raw material of opinion and, if my convictions have any validity, opinion ultimately governs the world.

It is, therefore, of very serious things that I think as I face this body of men. I do not think of you, however,

as members of the Associated Press. I do not think of you as men of different parties or of different racial derivations or of different religious denominations. I want to talk to you as to my fellow citizens of the United States, for there are serious things which as fellow citizens we

ought to consider. The times behind us, gentlemen, have been difficult enough; the times before us are likely to be more difficult still, because, whatever may be said about the present condition of the world's affairs, it is clear that they are drawing rapidly to a climax, and at the climax the test will come, not only for the nations engaged in the present colossal struggle-it will come to them, of course-but the test will come for us particularly.

Do you realize that, roughly speaking, we are the only great Nation at present disengaged? I am not speaking, of course, with disparagement of the greatness of those nations in Europe which are not parties to the present war, but I am thinking of their close neighborhood to it. I am thinking how their lives much more than ours touch the very heart and stuff of the business, whereas we have rolling between us and those bitter days across the water 3,000 miles of cool and silent ocean. Our atmosphere is not yet charged with those disturbing elements which must permeate every nation of Europe. Therefore, is it not likely that the nations of the world will some day turn to us for the cooler assessment of the elements engaged? I am not now thinking so preposterous a thought as that we should sit in judgment upon them—no nation is fit to sit in judgment upon any other nation-but that we shall some day have to assist in reconstructing the processes of peace. Our resources are untouched; we are more and more becoming by the force of circumstances the mediating Nation of the world in respect of its finance. We must make up our minds what are the best things to do and what are the best ways to do them. We must put our money, our energy, our enthusiasm, our sympathy into these things, and we must have our judgments prepared and our spirits chastened against the coming of that day.

So that I am not speaking in a selfish spirit when I say that our whole duty, for the present at any rate, is summed up in this motto, "America first." Let us think of America

before we think of Europe, in order that America may be fit to be Europe's friend when the day of tested friendship comes. The test of friendship is not now sympathy with the one side or the other, but getting ready to help both sides when the struggle is over. The basis of neutrality, gentlemen, is not indifference; it is not self-interest. The basis of neutrality is sympathy for mankind. It is fairness, it is good will, at bottom. It is impartiality of spirit and of judgment. I wish that all of our fellow citizens could realize that. There is in some quarters a disposition to create distempers in this body politic. Men are even uttering slanders against the United States, as if to excite her. Men are saying that if we should go to war upon either side there would be a divided America-an abominable libel of ignorance! America is not all of it vocal just now. It is vocal in spots, but I, for one, have a complete and abiding faith in that great silent body of Americans who are not standing up and shouting and expressing their opinions just now, but are waiting to find out and support the duty of America. I am just as sure of their solidity and of their loyalty and of their unanimity, if we act justly, as I am that the history of this country has at every crisis and turning point illustrated this great lesson.

We are the mediating Nation of the world. mean that we undertake not to mind our own business and to mediate where other people are quarreling. I mean the word in a broader sense. We are compounded of the nations of the world; we mediate their blood, we mediate their traditions, we mediate their sentiments, their tastes, their passions; we are ourselves compounded of those things. We are, therefore, able to understand all nations; we are able to understand them in the compound, not separately, as partisans, but unitedly as knowing and comprehending and embodying them all. It is in that sense that I mean that America is a mediating Nation. The

opinion of America, the action of America, is ready to turn, and free to turn, in any direction. Did you ever reflect upon how almost every other nation has through long centuries been headed in one direction? That is not true of the United States. The United States has no racial momentum. It has no history back of it which makes it run all its energies and all its ambitions in one particular direction. And America is particularly free in this, that she has no hampering ambitions as a world power. We do not want a foot of anybody's territory. If we have been obliged by circumstances, or have considered ourselves to be obliged by circumstances, in the past, to take territory which we otherwise would not have thought of taking, I believe I am right in saying that we have considered it our duty to administer that territory, not for ourselves but for the people living in it, and to put this burden upon our consciences-not to think that this thing is ours for our use, but to regard ourselves as trustees of the great business for those to whom it does really belong, trustees ready to hand it over to the cestui que trust at any time when the business seems to make that possible and feasible. That is what I mean by saying we have no hampering ambitions. We do not want anything that does not belong to us. Is not a nation in that position free to serve other nations, and is not a nation like that ready to form some part of the assessing opinion of the world?

My interest in the neutrality of the United States is not the petty desire to keep out of trouble. To judge by my experience, I have never been able to keep out of trouble. I have never looked for it, but I have always found it. I do not want to walk around trouble. If any man wants a scrap that is an interesting scrap and worth while, I am his man. I warn him that he is not going to draw me into the scrap for his advertisement, but if he is looking for trouble that is the trouble of men in general and I can help a little, why, then, I am in for it. But I

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