I will yield in just a moment. I am not afraid of the hysteria being broadcast by the secretary of the chamber of commerce. I am not going to be stampeded by the hysteria of the banking crowd of New York. I am not going to be stampeded by any of the other groups which are saying. "The thing you have to do is to cut wages and cut wages and cut wages until you grind the Government employees down like the peons of Europe and like the coolie labor of China and of Japan." No. Mr. President. Senators were not willing. when given a chance to vote for measures that will raise commodity prices. to do anything of that kind.
Identified stereotypes
European, Chinese, and Japanese workers are characterized as being exploited and accepting extremely low wages.