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in past months, but at the present time, are doing their best to undermine the influence of the Government of the United States in the interest of matters which are foreign to us and which are not derived from the questions of our own politics.

There is disloyalty active in the United States, and it must be absolutely crushed. It proceeds from a minority, a very small minority, but a very active and subtle minority. It works underground, but it also shows its ugly head where we can see it; and there are those at this moment who are trying to levy a species of political blackmail, saying, "Do what we wish in the interest of foreign sentiment or we will wreak our vengeance at the polls."

That is the sort of thing against which the American nation will turn with a might and triumph of sentiment which will teach these gentlemen once for all that loyalty to this flag is the first test of tolerance in the United States.

That is the lesson that I have come to remind you of on this day-no mere sentiment. It runs into your daily life and conversation. Are you going yourselves, individually and collectively, to see to it that no man is tolerated who does not do honor to that flag? It is not a matter of force. It is not a matter, that is to say, of physical force. It is a matter of a greater force than that which is physical. It is a matter of spiritual force. It is to be achieved as we think, as we purpose, as we believe, and when the world finally learns that America is indivisible then the world will learn how truly and profoundly great and powerful America is.

I realize personally, my fellow citizens, the peculiar significance of the flag of the United States at this time, because there was a day not many years ago when, although I thought I knew what the flag stood for, it had not penetrated my whole consciousness as it has now.

If you could have gone with me through the space of the last two years, and could have felt the subtle impact of intrigue and sedition, and have realized with me that those to whom you have intrusted authority are trustees not only of the power, but of the very spirit and purpose of the United States, you would realize with me the solemnity with which I look upon the sublime symbol of our unity and power.

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I want you to share that consciousness with me. want you to realize that in what I am saying I am merely your spokesman, merely trying to interpret your thoughts, merely trying to put into inadequate words the purpose that is in your hearts. I regard this day as a day of rededication to all the ideals of the United States.

I took the liberty a few weeks ago to ask our fellow citizens all over the United States to gather together in celebration of this day-the anniversary of the adoption of our present flag as the emblem of the nation. I had no legal right to declare it a holiday, I had no legal right to ask for the cessation of business, but when you read the papers to-morrow morning, I think you will see that authority was not necessary; that the people of the country were waiting for an opportunity to cease their ordinary business and gather together in united demonstration of their feeling as a nation.

It was a very happy thought that led the committee of gentlemen who had charge of the demonstration of the forenoon to choose June 14 for the parade which most of us have witnessed. It is a tiresome thing, my fellow citizens, to stand for hours and see a parade go by, but I want to take you into this secret: It was not half as tiresome as the inauguration parade. The inauguration parade is a very interesting thing, but it is painfully interesting to the man who is being inaugurated, because there then lie ahead of him the four years of responsibility whose horoscope cannot be cast by any man. But to-day was interesting because the inauguration parade of the day of my inauguration is more than three years gone by. I have gone through deep waters with you in the meantime.

This parade was not a demonstration in honor of any man. It was an outpouring of people to demonstrate a great national sentiment. I was not the object of it; I was one citizen among millions whose heart beat in unison with it. I felt caught up and buoyed along by the great stream of human purpose which seemed to flow there in front of me by the stand by the White House, and I shall go away from this meeting, as I came away from that parade, with all the deepest purposes of my heart renewed; and as I see the winds lovingly unfold the beautiful lines of our great flag, I shall seem to see a hand pointing the way of duty no matter how hard, no matter how long, which we shall tread while we vindicate the glory and honor of the United States.

ADDRESS ON INTERNATIONAL TRADE, BEFORE THE SALESMANSHIP CONGRESS, DETROIT, JULY 10, 1916

MR. CHAIRMAN, LADIES, AND GENTLEMEN:

It is with a great deal of gratification that I find myself facing so interesting and important a company as this. You will readily understand that I have not come here to make an elaborate address, but I have come here to express my interest in the objects of this great association, and to congratulate you on the opportunities which are immediately ahead of you in handling the business of this country.

These are days of incalculable change, my fellow citizens. It is impossible for anybody to predict anything that is certain, in detail, with regard to the future either of this country or of the world in the large movements of business; but one thing is perfectly clear, and that is that the United States will play a new part, and that it will be a part of unprecedented opportunity and of greatly increased responsibility.

The United States has had a very singular history in respect of its business relationships with the rest of the world. I have always believed, and I think you have always believed, that there is more business genius in the United States than anywhere else in the world; and yet America has apparently been afraid of touching too intimately the great processes of international exchange. America, of all countries in the world, has

been timid; has not until recently, has not until within the last two or three years, provided itself with the fundamental instrumentalities for playing a large part in the trade of the world. America, which ought to have had the broadest vision of any nation, has raised up an extraordinary number of provincial thinkers, men who thought provincially about business, men who thought that the United States was not ready to take her competitive part in the struggle for the peaceful conquest of the world. For anybody who reflects philosophically upon the history of this country, that is the most amazing fact about it.

But the time for provincial thinkers has gone by. We must play a great part in the world whether we choose it or not. Do you know the significance of this single fact, that within the last year or two we have, speaking in large terms, ceased to be a debtor nation and become a creditor nation? We have more of the surplus gold of the world than we ever had before, and our business hereafter is to be to lend and to help and to promote the great peaceful enterprises of the world. We have got to finance the world in some important degree, and those who finance the world must understand it and rule it with their spirits and with their minds. We cannot cabin and confine ourselves any longer, and so I said that I came here to congratulate you upon the great rôle that lies ahead of you to play. This is a salesmanship congress, and hereafter salesmanship will have to be closely related in its outlook and scope to statesmanship, to international statesmanship. It will have to be touched with an intimate com

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