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Dwight Eisenhower on Free Trade

 


As greatest trading nation, extend Trade Agreements Act

Both in our national interest, and in the interest of world peace, we must have a five-year extension of the Trade Agreements Act with broadened authority to negotiate.

World trade supports a significant segment of American industry and agriculture. It provides employment for four and one-half million American workers. It helps supply our ever increasing demand for raw materials. It provides the opportunity for American free enterprise to develop on a worldwide scale. It strengthens our friends and increases their desire to be friends. World trade helps to lay the groundwork for peace by making all free nations of the world stronger and more self-reliant.

America is today the world's greatest trading nation. If we use this great asset wisely to meet the expanding demands of the world, we shall not only provide future opportunities for our own business, but in the process strengthen our security posture and other prospects for a prosperous, harmonious world.

Source: Pres. Eisenhower's 1958 State of the Union message , Jan 9, 1958

Foreign policy should recognize importance of world trade

Our foreign policy will recognize the importance of profitable and equitable world trade. Europe is now marked by checkered areas of labor surplus and labor shortage, of agricultural areas needing machines and industrial areas needing food. Action along these lines can create an economic environment that will invite vital help from us. This help includes:
  1. Revising our customs regulations to remove procedural obstacles to profitable trade.
  2. Doing whatever Government properly can to encourage the flow of private American investment abroad.
  3. Availing ourselves of facilities overseas for the economical production of manufactured articles which are needed for mutual defense and which are not seriously competitive with our own normal peacetime production.
  4. Receiving from the rest of the world, in equitable exchange for what we supply, greater amounts of important raw materials which we do not ourselves possess in adequate quantities.
Source: Pres. Eisenhower's 1953 State of the Union message , Feb 2, 1953

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Other past presidents on Free Trade: Dwight Eisenhower on other issues:
Former Presidents:
George W. Bush(R,2001-2009)
Bill Clinton(D,1993-2001)
George Bush Sr.(R,1989-1993)
Ronald Reagan(R,1981-1989)
Jimmy Carter(D,1977-1981)
Gerald Ford(R,1974-1977)
Richard Nixon(R,1969-1974)
Lyndon Johnson(D,1963-1969)
John F. Kennedy(D,1961-1963)
Dwight Eisenhower(R,1953-1961)
Harry S Truman(D,1945-1953)

Past Vice Presidents:
V.P.Dick Cheney
V.P.Al Gore
V.P.Dan Quayle
Sen.Bob Dole
V.P.Walter Mondale

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Page last updated: Jan 06, 2014