"The second aspect of our role in foreign affairs is concerned with the promotion of sound and healthy international economic relations as an indispensable foundation of world order under law and therefore of enduring peace. Today the well being of every nation increases in proportion as its citizens have peaceful access to the resources of the world rather then merely to those within its own frontiers, Such access is possible only through mutually beneficial trade, and through all those other innumerable international relationships which have already enriched so magnificently the lives of individuals and of nations. Without such access, all nations would be compelled. io dissipate their efforts and substance in a hopeless struggle for shrinking economic opportunity "To the promotion of such international economic relations we can contribute by facing squarely the fact that they are indispensable to the well being of our own country and of every country; by ourselves giving them practical application through policies such as those embodied in Our Reciprocal Trade Agreements Programme, which has already demonstrated its effectiveness as a powerful instrument of action in that direction; by being ready to extend our policy and action along every practicable line that holds a promise of strengthening the foundation of peace through mutually advantageous economic relationships among nations.
"The goal of an America such as have envisaged—a country at peace within and without, in which all citizens will enjoy economic security Under conditions of orderly freedom for the individual—may best be reached by a two—fold programme covering both domestic and international problems.
"Concentration on one to the exclusion of the other—whichever of the two we might choose—could not by itself bring the desired results. Action on both fronts is essential. The means of action on both fronts are at our disposal. Our task is to use them with vigor and determination, with clear thought, with faith in our ability to win through to our desired objectives—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.