Speech #690228400

I have gone into that matter In great detail. In 1909 and 1910 I made a very careful study of the western coast of Mexico. and I can assure everyone in the Senate and in the United States that there is no place. either on the Atlantic coast or the Pacific coast. for a rendezvous for a big Navy and deep sea harbor like there is at the head of the Gulf of California. Asiatic competition from this new Asiatic manufacturing city in America will be as disastrous to American manufacturers as was the Asiatic competition of the Chinese factories in California before the Chinese exclusion act stopped it. At this new competing seaport Asiatics will establish great factories to fabricate every product of human industry into which human labor largely enters. They will compete with every American manufacturer. With their raw materials at tidewater and their labor by the shipload from Asia. they will undersell in every American market. No tariff will ever cover the difference between Asiatic wages and American wages. The new treaty between Japan and Mexico contemplates that exact thing. The industrial genius and capital of Japan will establish vast enterprises in Mexico.