Word: east-west
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Actively following Churchill's policy of co-existence would result in a positive, realistic approach to the present East-West power struggle. Rather than accept Knowland's plea to snap diplomatic lines with Moscow, the free world should seek reasonable accommodations. The West should make every attempt to neutralize future struggles by political and economic adjustment. Despite Knowland's fears, total war is not inevitable. Through the habit of searching for agreement, the possibility of ultimate settlement becomes increasingly feasible. By avoiding world conflict, the Western allies need not succumb to "nibbling aggression." For co-existence, clearly seen...
Three top U.S. businessmen last week called for a new foreign economic policy for the U.S. All three agreed that the U.S. should accept and promote the expansion of East-West trade...
...part of that policy, the U.S. should relax East-West trade restrictions. For example, said Randall: "Emotion and political controversy seem to block our disposal of agricultural surpluses by direct sale to Russia or other Communist-controlled countries in exchange for gold. Yet here are markets which we might be able to enter without serious damage to our friends ... It is sometimes said that by taking Russian gold we somehow strengthen their economy. But the effort put into production of gold in Russia would by hypothesis be effort withdrawn from the field of heavy industry or munition making...
Trade & Peace. East-West trade is coming anyway, says Randall, "and there is little we can do about it unless we risk the whole temper of our international relationships by strict attempts to interfere . . . The experience of mankind leads one to think that trade makes for peace. The more points at which the Iron Curtain can be penetrated and the more individuals there are who cross it to deal with individuals on the other side, the more chances there would seem to be of ultimate mutual understanding...
Less than nine months ago, President Eisenhower stood before the U.N. General Assembly and made his historic proposal to pool atomic energy for peacetime uses. When the Soviet Union quietly sabotaged East-West negotiations on the plan, the U.S. turned to more limited discussions with a select group of nations. This week the President revealed for the first time the result of those discussions. In a brief television speech, he announced that the U.S. had negotiated agreement on an international agency to pool both atomic knowledge and materials and to turn them to peaceful...