UNIV. OF

STUDIES IN HISTORY, ECONOMICS AND PUBLIC LAW

EDITED BY THE FACULTY OF POLITICAL SCIENCE
OF COLUMBIA UNIVERSITY

. our commercial policy should hold an equal and impartial hand; neither seeking nor granting exclusive favors or preferences WASHINGTON, Farewell Address

WALLACE MCCLURE

FROM WHOSE LIPS I LEARNED MY FIRST LESSONS IN DEMOCRACY

I DEDICATE

THIS APPLICATION OF ITS PRINCIPLES TO WORLD

AFFAIRS, BELIEVING THAT IDEALS

WHICH HE LEFT UNEXPRESSED

HERE FIND UTTERANCE