2.
or limited transactions, especially those partaking of a
bartering nature. It is the policy of the State Department
to maintain the broad general policy and practice, as nearly
as possible, of the doctrine of equality of commercial and
industrial treatment, and hence, of opposition to its
violation by the numerous sorts of discriminations and
preferences well known to the public. This doctrine is
the corner stone of our present foreign policy and of our
reciprocal trade agreement program; it is the basis of our
repeated protests to Germany, in particular, against her
discriminations against us and the preferences recently
granted to other countries and their nationals, with
respect both to the payment of debt service and to trade.
If exceptions are made to the most-favored-nation policy
of equality, it should be made only in case of emergency
and temporary conditions and upon thoroughly considered
decisions. This rule should not, of course, minimize
the important needs of export markets for our various
burdensome agricultural and other surpluses, but instead
these needs should at all times be duly considered.
The sole purpose of the present program of
reciprocity trade agreements is to provide as rapidly as
possible in