Let me first of all account for the title of this paper by quoting a few words from a recent editorial of the New York Evening Post:

“If time-worn phrases prevent a calm scrutiny of the facts, and a clear perception of the best fiscal policy for this nation .... let us abandon them for some fresher and truer form of words. . . . Instead of taking free trade for a watchword, if that offends any, we may say that we stand for freer trade. Instead of talking about protecting American industry, let us talk about facilitating it.”