Address of President Taft At the Banquet Given in His Honor By the Americus Club
Address of President Taft At the Banquet Given in His Honor By the Americus Club
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To quickly assess the difficulty of the text, read a short excerpt:
Such diplomacy gives to the merchants of other coun- tries in the competition for the trade of the world an advantage which their own governments are only too glad to offer to them, and which our Government ought not to deny to her own merchants, manufactur- ers, and capitalists.
Our trade has grown quite beyond the limits of this country. With an annual foreign trade exceeding $2, 000, 000, 000, our State Department could not vindi- cate its existence or justify a policy which in any way withh...eld a fostering, protecting, and stimulating hand in the development and extension of that trade.
In pursuit of such policy it is often desirable that (17) the loan of American capital to a foreign government be made. The Government measures its support of the enterprise for which the loan is made, not by the profits of our capitalists but by the broad national advantages to be expected. It is easy in such cases for the Department of State to secure conditions which will insure the benefit to this country, as, for example, if the loan be for public works in stipulations for the purchase of materials in the United States.
What to read after Address of President Taft At the Banquet Given in His Honor By the Americus Club?
You can find similar books in the "Read Also" column, or choose other free books by Taft, William H. (William Howard), 1857-1930 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Such diplomacy gives to the merchants of other coun- tries in the competition for the trade of the world an advantage which their own governments are only too glad to offer to them, and which our Government ought not to deny to her own merchants, manufactur- ers, and capitalists.
Our trade has grown quite beyond the limits of this country. With an annual foreign trade exceeding $2, 000, 000, 000, our State Department could not vindi- cate its existence or justify a policy which in any way withh...eld a fostering, protecting, and stimulating hand in the development and extension of that trade.
In pursuit of such policy it is often desirable that (17) the loan of American capital to a foreign government be made. The Government measures its support of the enterprise for which the loan is made, not by the profits of our capitalists but by the broad national advantages to be expected. It is easy in such cases for the Department of State to secure conditions which will insure the benefit to this country, as, for example, if the loan be for public works in stipulations for the purchase of materials in the United States.
What to read after Address of President Taft At the Banquet Given in His Honor By the Americus Club?
You can find similar books in the "Read Also" column, or choose other free books by Taft, William H. (William Howard), 1857-1930 to read onlineMoreLess
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