[Congressional Record Volume 151, Number 103 (Tuesday, July 26, 2005)]
[House]
[Page H6437]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                             SUPPORT CAFTA

  (Mr. PENCE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PENCE. Mr. Speaker, I have always believed that trade means jobs, 
and that is especially true on the Indiana farm. As we consider the 
Central America Free Trade Agreement, think of this.
  Today U.S. agricultural goods exported to that region of the world 
face tariffs and barriers of 15 to 35 percent. By ending the one-way 
street, CAFTA will essentially result in my State seeing up to $41 
million a year in additional agricultural exports.
  Trade means jobs. Not that this is a new idea. Adam Smith wrote in A 
Wealth of Nations in 1776, ``All for ourselves and nothing for other 
people seems, in every age of the world, to have been the vile maxim of 
the masters of mankind.''
  Even Benjamin Franklin said, ``No nation was ever ruined by trade.'' 
And Ralph Waldo Emerson wrote in his personal journal, We rail at 
trade, but the historian of the world will see that it was the 
principle of liberty; that it settled America, destroyed feudalism, 
made peace and keeps peace, and abolished slavery.
  All of those great American Founders and thinkers were right. Trade 
means jobs. I urge my colleagues to support CAFTA in that spirit.

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