FOREIGN TRADE OF U.S.A.
Mr. Roosevelt Opposes “Totalitarianism”
NEW YORK, July 31
President Roosevelt, in a letter to the National Foreign Trade Council, rejected the idea that the United States had been defeated in efforts to maintain liberal trade principles. He asserted that, if the United States adopted totalitarian control over foreign trade, it would be a step toward an economic dictatorship. The United States sought the closest economic co-operation with other countries, particularly in the western hemisphere, to safeguard the progress already made under the U.S. trade agreement programme. "It has been suggested or implied by a few faint-hearted defeatists recently that, we should abandon efforts to. conduct: foreign trade on the basis of liberal democratic principles,” President. Roosevelt, added. "The logic of such implications, if true, would lead to a course of action which would subject producers, consumers, foreign traders, amt ultimately, the entire tuition, to the regimentation of the totalitarian system.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19400826.2.124
Bibliographic details
Dominion, Volume 33, Issue 284, 26 August 1940, Page 9
Word Count
154FOREIGN TRADE OF U.S.A. Dominion, Volume 33, Issue 284, 26 August 1940, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in