Abstract

Editorials

July 15, 1944 issue

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"Peace is indivisible," Maxim Litvinov once said at Geneva, and Secretary of the Treasury Morgenthan, in his opening address to the United Nations Monetary Conference, echoed "Prosperity is indivisible." The truth is that peace and prosperity are indivisible and to secure either people must concentrate on establishing both. That, in itself, is not a hard idea to establish in the minds of the citizens whose votes are the decisive weapons in this battle for the future. But many of its implications are, admittedly, difficult to grasp. A post-war expansion of exports is not such a critical necessity for the United States, but it may have an important bearing on prosperity.

See Also:

FINANCE -- United States; INTERNATIONAL trade; WAR; INTERNATIONAL relations; UNITED States
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