-3-
                                                            
 
                                                            
 
                     America's Program.                     
 
 
"Now what can the American Government do to contribute its share toward
the rebuilding of healthier and happier world?", Welles then asked.
"America has submitted a broad program, on which she is fully prepared
to collaborate:
 
 
l.    Faithful observance of treaties, with respect to international
obligations assumed voluntarily; 2. the abolition or reduction of the
innumerable artificial barriers to international trade; 3. limitation
and eventual reduction of armaments; 4. frequent conferences between
representatives of governments, and free exchange of views.
 
 
"If", Welles concluded, "the European nations on their part correct the
political inequities of the Treaty of Versailles, American public
opinion will certainly favor by an overwhelming majority the
collaboration of America with the other nations in the pacification of
the world".
 
 
Translator's Note: The German version diverges considerably from the
original.