ffort to secure agreement on effective international
control of our most powerful weapon, and we have worked steadily for the
limitation and control of all armaments.

We have encouraged, by precept and example, the expansion of world trade
on a sound and fair basis.

Almost a year ago, in company with 16 free nations of Europe, we
launched the greatest cooperative economic program in history. The
purpose of that unprecedented effort is to invigorate and strengthen
democracy in Europe, so that the free people of that continent can
resume their rightful place in the forefront of civilization and can
contribute once more to the security and welfare of the world.

Our efforts have brought new hope to all mankind. We have beaten back
despair and defeatism. We have saved a number of countries from losing
their liberty. Hundreds of millions of people all over the world now
agree with us, that we need not have war--that we can have peace.

The initiative is ours.

We are moving on with other nations to build an even stronger structure
of international order and justice. We shall have as our partners
countries which, no longer solely concerned with the problem of national
survival, are now working to improve the standards of living of all
their people. We are ready to undertake new projects to strengthen the
free world.

In the coming years, our program for peace and freedom will emphasize
four major courses of action.

First, we will continue to give unfaltering support to the United
Nations and related agencies, and we will continue to search for ways to
strengthen their authority and increase their effectiveness. We believe
that the United Nations will be strengthened by the new nations which
are being formed in lands now advancing toward self-government under
democratic principles.

Second, we will continue our programs for world economic recovery.

This means, first of all, that we must keep our full weight behind the
European recovery program. We are confident of the success of this major
venture in world recovery. We believe that our partners in this effort
will achieve the status of self-supporting nations once again.

In addition, we must carry out our plans for reducing the barriers to
world trade and increasing its volume. Economic recovery and peace
itself depend on increased world trade.

Third, we will strengthen freedom-loving nations against the dangers of
aggression.

We are now working out with