I shall presently urge upon a new
Congress in special session detailed measures for their fulfillment, and
I shall seek the immediate assistance of the several States.
Through this program of action we address ourselves to putting our own
national house in order and making income balance outgo. Our
international trade relations, though vastly important, are in point of
time and necessity secondary to the establishment of a sound national
economy. I favor as a practical policy the putting of first things
first. I shall spare no effort to restore world trade by international
economic readjustment, but the emergency at home cannot wait on that
accomplishment.
The basic thought that guides these specific means of national recovery
is not narrowly nationalistic. It is the insistence, as a first
consideration, upon the interdependence of the various elements in all
parts of the United States--a recognition of the old and permanently
important manifestation of the American spirit of the pioneer. It is the
way to recovery. It is the immediate way. It is the strongest assurance
that the recovery will endure.
In the field of world policy I would dedicate this Nation to the policy
of the good neighbor--the neighbor who resolutely respects himself and,
because he does so, respects the rights of others--the neighbor who
respects his obligations and respects the sanctity of his agreements in
and with a world of neighbors.
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