Mr. Speaker. the people of other nations know that dollar diplomacy. called point 4 or any other point. or any other highsounding phrase. is nothing but dollar diplomacy. We who have to pay the taxes to put up these dollars. we who have to pay the wages of soldiers and sailors. who protect these investments abroad. we who see the rich international businesses get richer while the domestic industries languish through the competition of coolie laborwe ought to learn some time that it is not possible for the people. as distinguished from a few of the extremely rich. to benefit from imperialism. Every college boy can give you the arguments against imperialism. Just apply those arguments to point 4. and you will understand me when I say that we have embarked on a program that will cost us untold billions in money. uncounted lives lost. and unpredictable results in the future.