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The clipping this text was read from
The clipping this text was read from

“This challenge in nweiunu**™field cannot be ignorefl without me gravest risk to our way of life. This fact alone make? it imperative that previous positions be reexamined, and that particuurinterests to reappraised in the light of overridding national needs.

Such statements as these,^coming from, the President, might seem -to insure prompt Congressional action to extend the reciprocal trade agreement authority of the Chief Executive. As a matter of fact, however, the legislation- is shaping up as probably the most controveraftl of the session. The principle of reciprocal trade still has strong support, because It makes sense to say that trade means employment and money in the pocket, whereas barriers to trade do not stimulate productive activity, .

Opposition to the Reciprocal Trade Agreements Program, as presently administered, has become greatly intensified, however, and even longtime defenders of the ptm gram have found themselves increasingly disturbed by trends in administrative policy. . •

From the first enactment of reciprocal trade legislation, Congr«s has sought to protect domestic in^ dustrv from suffering substantial damage. Procedure? have been set Jap by law whereby industry, when in real distress because of foreign competition, can seek x relief through the Executive Branch of

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