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CROSS the road we are to travel this next four years, even : though we start right and move with prudence and courage, ser- ~ious hazards are thrown like the breaks ‘in a roadway made by a torrential rain. ‘These all rise out of the war torrent ~which has overwhelmed Europe. * * - . — - L) 6o HEN this war began over a million American working men were seeking vainly for employment:; ~When the war ends and the developed energies ‘of a 'new Europe'are-thrown into com- mercial production, ouf nation will face a competition such as it never knew.” 25 € ONE of two things must happen---eithér millions of men will be seeking work in vain or else there must be:thought out in advance the problem, of commercial organiza- tion as France and England and Germany are seeking to think out the problem today.” € EVERY one of these nations is preparing ta defend its own market by a protec- tive tariff.” ¢CTF we are to save our laboring men from a catastrophe we must plan a tariff pro- tection along sound, just and economic lines. To this endeavor I pledge myself and the men who are to be my colleagues.” = Mr. Hughes-j Neire'rf«Broke 1 Promise