That is very true under the inflation plan unfortunately adopted. but the condition prevails to a larger extent in Europe. It has continued to prevail since England went off the gold standard. and no effort has been made to protect American industry. notwithstanding Belgium. France. England. and all of the European nations as well as the Asiatic nations have protected what they control under their flags. and today each and every industry and each and every laboring man within the confines of their respective countries is absolutely assured of the home trade. Not. so. however. with the United States of America. Mr.