Word: rico
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Dates: during 1900-1909
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...starvation needs cheap food and ready employment. We see that cheap food will be afforded; will our plan give employment? The tobacco and sugar growers are idle because they lack markets. The coffee planters are without capital to make good the losses of the recent disastrous hurricane. Porto Rico lacks markets as a direct result of American acquisition. There is a solemn obligation upon the United States to furnish a substitute for those lost markets. The highest considerations of justice demand that we open our markets to the Porto Ricans. American markets are ample for Porto Rican Products." He then...
...include Porto Rico within the customs boundary of the United States means, moreover, the inflowing of American capital to develop the latent possibilities of the island. Uncertainty, always a foe to industrial development, now prevails. Once make it known that the interests of Porto Rico are to be the interests of the United States, that Porto Rico is a part of us, and American capital will flow to the island. But until that time comes the rehabilitation of Porto Rico along American lines is impossible. When Americans can feel that their investments in Porto Rico are to be regarded...
...With Porto Rico included within our customs boundary, her industrial development will be assured; with industrial development will come employment; with employment the means to buy food and the opportunity of self-support. Porto Rico will flourish and prosper, only when you assure relief for the suffering, capital for the crippled industries and a stability of government. There is one way, and only one, of securing these benefits to Porto Rico; include Porto Rico within the customs boundary of the United States...
...inclusion of Porto Rico within our customs boundaries involves, first, the enforcement there of our tarriff laws; and second, free importation into Porto Rico of American goods and free markets here for Porto Rican products. The negative are opposed to this policy, because it makes the former a condition precedent to the attainment of the latter. In framing a tariff for this country which was to apply there also, it would not be possible to give any amount of consideration to the needs of that one comparatively small island. The only, therefore, in which we can give her customs laws...
...cannot meet our obligations to Porto Rico in any other way. We must enact duties which shall secure prosperity to the islanders. Our own customs laws will not accomplish this. They were devised to protect a manufacturing country that presents an almost complete contrast to Porto Rico, a purely agricultural island. In the parts of our country where the economic conditions approach those of Porto Rico, in the southern plantation states, the opposition to our tariff has been increasing for seventy-five years...