87. Editorial Note
On January 14, 1959, Secretary Dulles described for the Senate Foreign Relations Committee the three basic purposes underlying U.S. foreign policy. Regarding economic progress, he mentioned other industrialized states’ contribution to international economic development, then concluded:
“In the years ahead we must, through our trade and financial policies, continue to promote recognition and positive use of the benefits of interdependence. These benefits and the inevitability of economic interdependence become more clear each year. What is being done in the European Community of Six provides an example and an inspiration for greater economic cooperation elsewhere in the world.” (American Foreign Policy: Current Documents, 1959, pages 7–16)
Under Secretary Dillon appeared before the Committee on January 21. In his outline of the main objectives of U.S. foreign policy, he described trade as “the basic instrument” for countering the Soviet economic offensive. The text of his statement is ibid., pages 1424–1432. The following day, the Committee on World Economic Practices, chaired by Harold Boeschenstein, submitted its report on combating the Soviet economic offensive to President Eisenhower. The “Boeschenstein Report,” released to the public on March 2, reiterated the themes of expanding world trade and encouraging economic interdependence among free world nations; text is ibid., pages 1432–1449. For further documentation on the Committee and its report, see Documents 11 ff.