Since trade ignores national boundaries and the manufacturer insists on having the world as a market, the flag of his nation must follow him, and the doors of the nations which are closed against him must be battered down. Concessions obtained by financiers must be safeguarded by ministers of state, even if the sovereignty of unwilling nations be outraged in the process. Colonies must be obtained or planted, in order that no useful corner of the world may be overlooked or left unused.
Every people has a right to choose the sovereignty under which they shall live.
No peace can last, or ought to last, which does not recognize and accept the principle that governments derive all their just powers from the consent of the governed, and that no right anywhere exists to hand peoples from sovereignty to sovereignty as if they were property.
Just what is it that America stands for? If she stands for one thing more than another, it is for the sovereignty of self-governing people, and her example, her assistance, her encouragement, has thrilled two continents in this western world with all those fine impulses which have built up human liberty on sides of the water. She stands, therefore, as an example of independence, as an example of free institutions, and as an example of disinterested international action in the main tenets of justice.
Just what is it that America stands for? If she stands for one thing more than another it is for the sovereignty of self-governing people.
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