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SURCHARGE
Q:
Sir: How long do you intend to keep the surcharge in effect
and aren't you risking a disasterous trade war with our
crucial allies?
A:
The surcharge is a temporary expedient, designed to bring a
permanent charge in the rules of economic change - - a change
dictated by the change in conditions and situation since the end
of World War II. If we were to be satisfied with a return to the
old and patched up system, we could probably do away with it
almost at once -- but we are not. We want a new deck, and a
new deal for the United States. We want a permanent solution
not simply dealing with exchange rates, but with burden sharing
in Western defense, quotas, tarriffs, and other barriers to a
freer exchange of goods, at a fairer ration to the workers and
businessmen of the United States. When that surcharge will be
lifted thus depends on when other agreements are forthcoming.
As for a trade war, we neither want one, nor do we expect one
with our allies and trading partners. We think it merely time
that we and our partners drew up a new contract dividing up the
work, a little more justly, a little more equitably than is the case
right now. Japan and Europe are not in ashes today, they are in the
midst of affluence. We ask only for recognition of that fact in
the structure of the New Prosperity of the Western World
(PJB-rewrite)
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"ocrText": "SURCHARGE\nQ:\nSir: How long do you intend to keep the surcharge in effect\nand aren't you risking a disasterous trade war with our\ncrucial allies?\nA:\nThe surcharge is a temporary expedient, designed to bring a\npermanent charge in the rules of economic change - - a change\ndictated by the change in conditions and situation since the end\nof World War II. If we were to be satisfied with a return to the\nold and patched up system, we could probably do away with it\nalmost at once -- but we are not. We want a new deck, and a\nnew deal for the United States. We want a permanent solution\nnot simply dealing with exchange rates, but with burden sharing\nin Western defense, quotas, tarriffs, and other barriers to a\nfreer exchange of goods, at a fairer ration to the workers and\nbusinessmen of the United States. When that surcharge will be\nlifted thus depends on when other agreements are forthcoming.\nAs for a trade war, we neither want one, nor do we expect one\nwith our allies and trading partners. We think it merely time\nthat we and our partners drew up a new contract dividing up the\nwork, a little more justly, a little more equitably than is the case\nright now. Japan and Europe are not in ashes today, they are in the\nmidst of affluence. We ask only for recognition of that fact in\nthe structure of the New Prosperity of the Western World\n(PJB-rewrite)"
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