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The St. Lawrence project stirs the imaginations of men
long accustomed to majestic distances and epic undertakings. The
proposal for taking electric power from the river and bringing ocean
shipping 2,400 miles inland, to tap the fertile heart of our continent,
is economically sound and strategically important.
When this program is carried out, the waterway that is
part of our boundary will more than ever unite our two countries.
It will stimulate our economies to new growth and will speed the
flow of trade.
There have been times when shortsighted tariff policies
on both sides threatened to raise almost insurmountable barriers.
But the need to exchange goods was so imperative that trade flourished
despite artificial obstacles. The Reciprocal Trade Agreements of
1936 and 1939 made possible a sensible reduction of tariff rates,
and paved the way for our present phenomenal trade.
Something more than commercial agreements, however, is
required to explain why Canada and the United States exchange more
than two billion dollars worth of goods a year. Ambassador Atherton
has aptly given the reason as not "free trade," but "the trade
of free men." That record flow of goods and the high standard
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"ocrText": "- 8 -\nThe St. Lawrence project stirs the imaginations of men\nlong accustomed to majestic distances and epic undertakings. The\nproposal for taking electric power from the river and bringing ocean\nshipping 2,400 miles inland, to tap the fertile heart of our continent,\nis economically sound and strategically important.\nWhen this program is carried out, the waterway that is\npart of our boundary will more than ever unite our two countries.\nIt will stimulate our economies to new growth and will speed the\nflow of trade.\nThere have been times when shortsighted tariff policies\non both sides threatened to raise almost insurmountable barriers.\nBut the need to exchange goods was so imperative that trade flourished\ndespite artificial obstacles. The Reciprocal Trade Agreements of\n1936 and 1939 made possible a sensible reduction of tariff rates,\nand paved the way for our present phenomenal trade.\nSomething more than commercial agreements, however, is\nrequired to explain why Canada and the United States exchange more\nthan two billion dollars worth of goods a year. Ambassador Atherton\nhas aptly given the reason as not \"free trade,\" but \"the trade\nof free men.\" That record flow of goods and the high standard"
}