ibutions we must make to the world's peace is this: We
must see to it that the people in our insular possessions are treated in
their own lands as we would treat them here, and make the rule of the
United States mean the same thing everywhere,--the same justice, the
same consideration for the essential rights of men.

Besides contributing our ungrudging moral and practical support to the
establishment of peace throughout the world we must actively and
intelligently prepare ourselves to do our full service in the trade and
industry which are to sustain and develop the life of the nations in the
days to come.

We have already been provident in this great matter and supplied
ourselves with the instrumentalities of prompt adjustment. We have
created, in the Federal Trade Commission, a means of inquiry and of
accommodation in the field of commerce which ought both to cooerdinate
the enterprises of our traders and manufacturers and to remove the
barriers of misunderstanding and of a too technical interpretation of
the law. In the new Tariff Commission we have added another
instrumentality of observation and adjustment which promises to be
immediately serviceable. The Trade Commission substitutes counsel and
accommodation for the harsher processes of legal restraint, and the
Tariff Commission ought to substitute facts for prejudices and theories.
Our exporters have for some time had the advantage of working in the new
light thrown upon foreign markets and opportunities of trade by the
intelligent inquiries and activities of the Bureau of Foreign and
Domestic Commerce which the Democratic Congress so wisely created in
1912. The Tariff Commission completes the machinery by which we shall be
enabled to open up our legislative policy to the facts as they develop.

We can no longer indulge our traditional provincialism. We are to play a
leading part in the world drama whether we wish it or not. We shall
lend, not borrow; act for ourselves, not imitate or follow; organize and
initiate, not peep about merely to see where we may get in.

We have already formulated and agreed upon a policy of law which will
explicitly remove the ban now supposed to rest upon cooeperation amongst
our exporters in seeking and securing their proper place in the markets
of the world. The field will be free, the instrumentalities at hand. It
will only remain for the masters of enterprise amongst us to act in
energetic concert, and for the Government of t