Correspondence Between President Harry S. Truman and Nelson Rockefeller with Related Material
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OCR Page 1 of 1020-U
FILED BY
MR. HOPKINS
NOV 27 1950
November 24, 1950
Dear Mr. Rockefeller:
At the time I requested you to serve ag Chairman of the
Advisory Board on International Development, I expressed the
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conviction that any adequate and sound program of international
economic development must be both broadly conceived in relation
to our national interests and so formulated as to lend itself
to realistic and continuing cooperation between private enter-
prise and government, here and abroad. I regard such a program
as vital to the attainment of our goal of an expanding world
economy and to the building of the security of the free world.
On March 31, 1950, I requested Mr. Gordon Gray to undertake
a comprehensive study of the foreign economic policies and pro-
x2668
cedures of this Government in the light of present developments
x426-n
and conditions. Mr. Gray has now submitted his report. A reading
of it reinforces my conviction that an effective program for
international economic development must be integrated both as to
policy and operations with all other governmental and private
activities relating to the international trade and economic life
of the nation.
Our policy in relation to the underdeveloped areas is one
of the central points toward which the Gray Report is addressed.
When that Report was made public, I stated that I was asking you
to have the Advisory Board "as its first task, consider Mr. Gray's
proposals concerning our policy toward the underdeveloped areas
in the context of the full report, in order that this Board will
be able to give us its views early in the coming year on the
types and size of programs which it considers desirable for the
United States to undertake in this field."
In accordance with this request, I should like to have the
Advisory Board address itself specifically to the consideration of
desirable plans to accomplish with maximum dispatch and effec-
tiveness the broad objectives and policies of the Point Four
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program. In carrying out this task you should take into account
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