Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-09-18


shortly come into effect.
The General Assembly may
desire, by appropriate resolu-
ton, to give announcement to
the forthcoming negotiations.
The best hope for progress in
arms control now seems to rest
in taking moderate but con-
crete steps to reduce the
dangers of war.
I recall that, some months
ago, the USSR complained in
: the Security Council of Arctic
! flights Of United States military
aircraft. The United States,
denying that any such flights
} had occurred. proposed the
: establishment Of an inspection
zone in the Polar regions. Such
: a zone would increase security
. because it would lessen the pos
sibility of great surprise attack
; across the top of the world.
! This beneficial proposal received
wide acclaim and the world was
shocked when it was vetoed by
! the USSR.
: In any event we will continue
! to press for worldwide measures
: to reduce the dangers of sur
| prise attack. There is now a
, prospect that technical talks in
/ this field may start in Geneva
|, in November.
} VIII. Economic Development
. I turn now to economic
|. development.
President Eisenhower at the
recent emergency special ses-
sion made a significant proposal
; looking to more rapid economic
; growth in the Near East. The
United States hopes that con-
ditions in that area will lead
to its effective fulfillment.
Economic development is. of
course, an aspiration shared by
all peoples. In the newly in
dependent nations, and indeed
in many long independent,
there is burning desire for
economic and social progress,
for higher levels of living, for
, freedom from the slavery of
poverty.
Much has been accomplished
| already. The American people
admire the vigorous efforts of
the leaders and the peoples of
, less developed countries to help
. themselves. Yet much remains
, to be done.
The United States believes
the time has come for the ma
tons of the world to take stock
of accomplishments to date
! and to chart anew long-term
, courses Of cooperative action.
We propose that the nations
, dedicate the year 1859 to these
purposes.
: Let me mention some of the
major steps that the United
) States would be prepared. sub
ject to action by Congress as
appropriate. to take or support
in the coming year:
1. The United States will
r carry forward it's existing de-
: velopment financing programs
! on a vigorous and effective
basis.
Y 2. The United States will I'M
dertake increased efforts to
3 emphasize the constructive role
e that private initiative can play
in economic development. We
hope that other nations will
also explore these important
4 potentialities.
3. The United States will
p consider how we might CO.
operate with regional develop
> ment programs. where desired
:, by the countries of the region
! The wish for a regional ap-
proach should be clearly mani
tested and supported by the
governments of the areas con-
cerned and the advantage of a
. regional over bilateral approach
should be evident.
a 4. The United States will sug-
gest that consideration be given
!, to the advisability of increasing
: the capital of the International
Bank for Reconstruction ano
! Development and the quotas
I. Of the International Monetary
: Fund.
5. The United States is pre-.
pared to consider the feasibility
of creating an international
Development Association, as ar
% affiliate of the World Bank, UNI
= der conditions likely to assure
:, broad and effective support.
, 6. The United States is ready
! to provide vigorous support fol
= technical assistance. 1t will dC
: so through its own programs
= through the expanded tech
2 nical assistance program of thu
y United Nations and through {
~ substantial initial contribution
. to the new special projects
y fund. This will greatly enlarge
= the technical assistance activ'
u ity Of the United Nations.
: 7. The United States is pre-
pared to enlist the assistance o.
q our universities and scientific
!, institutions. joining with thosc
q of other countries, to achievC
q scientific and chronological
i breakthroughs on problems o
e particular concern to less de-
e veloped countries.
u 8. The President will seel
funds from the Congress fol
health programs.
I hope that other countriei
IS may during the coming yea
n also chart long-term programs
;e to assist economics growth. II
Is thus paving the way for sounC
le continuing action by man!
If countries, 1859 could become {
year of outstanding initiative
h in the long-term process o
y economic growth.
The great challenge of pow