Editorial Note

On June 26, President Truman vetoed the wool bill and stated: “The enactment of a law providing for additional barriers to the importation of wool at the very moment when this Government is taking the leading part in a United Nations Conference at Geneva called for the purpose of reducing trade barriers and of drafting a Charter for an International Trade Organization, in an effort to restore the world to economic peace, would be a tragic mistake. It would be a blow to our leadership in world affairs. It would be interpreted around the [Page 958] world as a first step on that same road to economic isolationism down which we and other countries traveled after the first World War with such disastrous consequences.” For the complete text of this message, see Public Papers of the Presidents: Harry S. Truman: 1947 (Washington, Government Printing Office, 1963), pages 309–310.