ECONOMIC UNION
AMERICAN REPUBLICS 1 FURTHER SAFEGUARD FOR PEACE PROPOSAL EXPLAINED BY ROOSEVELT i [U.P.A.— By Electric Telegraph—Copyright] 1 1 (Received 22nd June. 9.0 a.m.) HYDE PARK, 21st June. ; President Roosevelt at a Press conference said the programme for pan-American economic co-oper-ation involved economic defence designed to supplement the milii tary defence programme. “It is ■ | intended as a further safeguard for peace in this hemisphere and means i, the protecting of our economy and the economies of other American i republics against repercussions of ; the disturbed international situ- ; j ation.” President Roosevelt made no refer- , j ence to Canada, but said the plan conJtemplated control of all surpluses in the western hemisphere through a corpor- [ ation or scries of corporations, the pri- , mary objective of which would be to . control and remove surplus staples from, the new world continents under the best , possible conditions.
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Nelson Evening Mail, Volume LXXIII, 22 June 1940, Page 7
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144ECONOMIC UNION Nelson Evening Mail, Volume LXXIII, 22 June 1940, Page 7
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