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real, effective disarmament.
We look forward to the day when a great share of the resourses no<w devoted to the armaments program can be diverted into the channels of peaceful production to speed the progress of America and of the underdeveloped regions of the world.
Helping Other People to Help Themselves. Even though we cannot now disarm, we go forward as rapidly as possible in developing the imaginative and farsighted concept of President Truman embodied in the Point IV program.
We will continue to encourage use of American skills and capital in helping the people of underdeveloped lands to combat disease, raise living standards, improve land tenure and develop industry and trade. The continuance of even stronger and more vigorous Point IV programs — sponsored' both by this country and by the United Nations — is an indispensable element in creating a peaceful (world.
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