NAVAL MESSAGE
                       (NAVY DEPARTMENT)
 
PAGE 6
 
 
WORLD TO WHICH THE LEADERS OF THE VARIOUS EUROPEAN COUNTRIES
 
COULD SUBSCRIBE IN PRINCI PAL. IT WAS THE PRESIDENTS ATTITUDE
 
THAT TO REINFORCE SUCH A FRAMEWORK THE UNITED STATES COULD
 
MAKE A SUBSTANTIAL CONTRIBUTION OF ITS SURPLUS COMMODITIES
 
SUCH AS COTTON WHEAT AND COPPER AS WELL AS GOLD. THE PRESIDENT
 
FELT THAT ALL COUNTRIES AND ESPECIALLY GERMANY SHOULD HAVE
 
BROADER AND FREER ACCESS TO RAW MATERIALS. AS AN EXAMPLE HE 
 
MENTIONED COPPER AS A MATERIAL THAT COULD BE MADE AVAILABLE IN
 
A BROADER WAY FOR EUROPE AND THE COUNTRIES THAT PARTICULARLY
 
WANT COPPER. HE WOULD DO SOMETHING ABOUT THIS ENTIRE PROBLEM. THE
 
PRESIDENT WAS IN FAVOR OF FREEING TRADE RATHER THAN IN FREE
 
TRADE AS A WOLRD POLICY. WITH REGARD TO REDUCING THE OBSTRUCT-
 
IONS TO WORLD COMMERCE HE SAID I DO NOT BELIEVE THAT SOME OF 
 
THE SCHEMES THAT ARE BEING DISCUSSED FOR DOING AWAY WITH TARIFF-
 
S ENTIRELY IN EUROPE ARE PRACTICABLE. GOVERNMENTS WILL CONTINUE
 
TO NEED TARIFFS FOR REVENUE PURPOSES. IN THE MATTER OF OPENING