It seems. as was brought out at the time of that debate. as I can well remember. that we have attempted one thing that everyone could use and could see. and with the old formula of cost equalling production plus delivery. estimate what we had to have for a product that we sent overseas. for which there was a great demand and a needed market. around the world. in fact. for our natural resources. hard work. and delivery ability. But this has not been the way it has worked out. We have had our President. through the quota system and the ability to reduce effective tariffs up to 50 percent. act "in the best interests of foreign relations." We indeed have lost our market and have failed to protect the man whom we have built up to such a high income and standard of living that he can no longer live without protection. In other words. Mr.
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quota system