Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-01-09

Of the seas. This means nu-
clear submarines and cruisers;
improved anti submarine
weapons; missile ships: and the
like.
We must maintain all neces-
sary types Of mobile forces to
deal with local conflicts, should
there be need. This means fur
ther improvements IN equip
ment. mobility. tactics and, FIRE
power.
Through increases in pay
and incentive. we must main
tain in the armed forces the
skilled manpower modern mill
tary forces require.
We must be forward looking
in our research and develop
ment TO anticipate and achieve
the unimagined weapons Of the
future.
With these and other i'm
provements. we intend TO assure
that our vigilance, power, and
technical excellence keep
abreast Of any realistic threat
3.
Mutual Aid
Third: We must continue to
strengthen our mutual security
efforts.
Most people now realize that
our programs OF military aid
and defense support are an in
tegral part Of our own defense
effort. II the foundation of
the Free World structure were
progressively allowed to crum-
bic under the pressure Of Com
munist imperialism. the entire
house Of freedom would be In
danger Of collapse.
As for the mutual economic
assistance program. the benefit
TO US is threefold. First. the
countries receiveing this aid
becomes bulwarks against Com
munist encroachment as their
military defenses and economies
are strengthened. Nations that
are conscious OF a steady i'm
provement in their industry.
education. health and standard
Of living are not apt to fall prey
to the Establishment OF Com
munist imperialists.
Second, these countries are
helped to reach the point where
mutually profitable trade can
expand between them and us.
Third. the mutual confidence
that comes from working to-
gether on constructive projects
creates an atmosphere in which
real understanding and peace
can flourish.
To help bring these multiple
benefits. our economic aid eff
fort should be made more eff
+ fective.
In proposals for future
economic aid. ] am stressing q
greater use Of repayable loans.
through the Development Loan
Fund. through funds generated
by sale Of surplus farm prod
ucts, and through the Export
Import Bank.
While some increase In Gov
eminent funds will be required,
IL remains our objective to en-
courage shifting TO the use Of
private capital sources as rap
idly as possible.
One great obstacle to the
economic aid program in the
past has been. not q rational
argument against II on the
merits. but a catchword: give
away program.
The real fact is that no in
vestment we make in our own
security and peace can pay us
greater dividends than neces-
sary amounts of economic aid
TO friendly nations.
This is no "give-away."
Let's stick TO factsl
We cannot afford to have one
OF our most essential security
programs shot down with a
sloganl
4.
MUTUAL TRADE
Fourth: 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 sig
nificant segment of American
industry and agriculture. II
provides employment for four
and one-half million American
workers. II helps supply our
ever increasing demand for raw
materials. II provides the OPP
portunity for American free en-
terprise to develop on a world
wide scale. II strengthens our
friends and increases their de-
sire 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.