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retirement by the participating countries. We will be permanently and ARRAY NARA unnecessarily entangled in the domestic affairs of foreign countries. It should be obvious why these funds should not be used to purchase goods that would otherwise be bought for dollars. We would reduce the earning power of these countries when the object of the program is the precise reverse. Conditions vary from country to country. The effective use of local currency deposits in France would be entirely different from the effective use in England. The proper and the only proper standard to require is that agreements with these countries ensure that the local currency will be used to further the objectives of the program. Cooperation with the United Nations - We urge that the bill authorize full cooperation with the United Nations, its affiliated agencies, and other international agencies including the continuing organization set up by the participating countries. If the European Recovery Program succeeds, it will greatly strengthen the United Nations. The United Nations is based on a concept of free and independent nations. The European Recovery Program has the same goal. In our economic relations with Europe today we are using and taking part in UN agencies, - the Bank, the Fund, the Food and Agriculture Organiza- tion, the Economic Commission for Europe. We should continue to work in and with these agencies. We should also lend our assistance to the effective functioning of the continuing organization set up by the 16 nations. We and they must look at European problems, not merely at individual national problems. As I have said earlier, the primary function of our Special Representative abroad, if one is authorized by the legislation, should be to strengthen the international -11-

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    "ocrText": "retirement by the participating countries. We will be permanently and\nARRAY NARA\nunnecessarily entangled in the domestic affairs of foreign countries.\nIt should be obvious why these funds should not be used to purchase\ngoods that would otherwise be bought for dollars. We would reduce the\nearning power of these countries when the object of the program is the precise\nreverse.\nConditions vary from country to country. The effective use of local\ncurrency deposits in France would be entirely different from the effective use\nin England. The proper and the only proper standard to require is that\nagreements with these countries ensure that the local currency will be used\nto further the objectives of the program.\nCooperation with the United Nations - We urge that the bill\nauthorize full cooperation with the United Nations, its affiliated agencies,\nand other international agencies including the continuing organization set up\nby the participating countries.\nIf the European Recovery Program succeeds, it will greatly strengthen\nthe United Nations. The United Nations is based on a concept of free and\nindependent nations. The European Recovery Program has the same goal.\nIn our economic relations with Europe today we are using and taking\npart in UN agencies, - the Bank, the Fund, the Food and Agriculture Organiza-\ntion, the Economic Commission for Europe. We should continue to work in and\nwith these agencies.\nWe should also lend our assistance to the effective functioning of\nthe continuing organization set up by the 16 nations. We and they must look\nat European problems, not merely at individual national problems. As I have\nsaid earlier, the primary function of our Special Representative abroad, if\none is authorized by the legislation, should be to strengthen the international\n-11-"
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