PROFITS OR PEACE.

Auckland Star, Volume LXVII, Issue 194, 17 August 1936, Page 7

PROFITS OR PEACE.

President Roosevelt Restates Foreign Policy. MAINTAIN NEUTRALITY. WASHINGTON, August IG. Considerable political significance, both national and international, # is attached by observers in Washington to a speech President Roosevelt delivered at Chautaufpiay, New York, on l'riday evening. Speaking before 2r>,000 members of the cultural group known as the Chautauquay, the President again outlined in detail iiis foreign policy. This is taken as further notjee to Europe that America is prepared to maintain her neutrality at all costs, and as a plea to the American people to uphold his foreign policy at the November elections. Reiterating his "good neighbour" policy, Mr. Roosevelt vigorously denounced "those nations which a threat of war by violating with impunity their treaties and pledges." In perhaps the strongest statement on neutrality'yet made, the Piesident said. "If we face the choice between profits or peace, the nation will answer must answer —'We choose peace. While emphasising the nation's peaceful intent, Mr. Roosevelt called attention to the large defence programme the Administration is undertaking. He added: "We are constantly prepared to defend ourselves and our neighbourhood." This is taken as a reference to the Pan-American Conference which, under Mr. Roosevelt's initiative, has been called for Buenos Avres on December 1 for the purpose of negotiating an ailAmerican peace pact.