Big industries have recognized the facts and are adapting as rapidly as possible by becoming international. but how far can this be carried? If the trend is left to itself and is abetted by further tariff cuts by this country. domestic industry will find itself competitively more and more in an untenable position. The farmers. with some exceptions along the borders. cannot very successfully go abroad to sustain their operations. nor can the small businessman. Labor can join the outward procession only if it wishes to emigrate. These elements will be left holding the economic bag. Our exports will inevitably decline except as we subsidize them.
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emigrate