UN General Assembly
1962

79. The heroic struggle of the peoples of the entire world to safeguard peace and to settle disputes through negotiation has scored some successes in recent years. Yet as long as formidable armaments exist and the arms race continues each day to become more intense, it is inconceivable that peace and security can be assured merely by the settlement of the conflicts and disputes created and fomented by the large international monopolies involved in the arms race.