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מא
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These two points
one, that we could not absorb
all the production of the world and two, that we were not
asking anybody to roll back production but merely moderate
the rate of growth in the future constituted the major part of the discussions and all the rest was really detail.
I would not be honest if I didn't say that in most
7 countries there was strong opposition to any consideration
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of this subject before we arrived, but I think that in almost
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all countries our discussions had a significant impact with
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some of the European countries that are willing to sit down
and discuss this matter with us further in negotiations and
we think the same is true or likely to be true among some of
the countries of the Far East.
In our trip, however, we did not intend to negotiate
and did not negotiate. We went merely to state the case. We
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did not make any demand or give any ultimatums. Our purpose
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was to exchange information on the subject and as a basis
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for determining a course of action.
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I reported yesterday to the President on my trip
to the Far East.
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I had reported to him two weeks ago on
my trip to Europe.
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We are now in the process of developing a plan
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and program to be presented to the President within two weeks
and therefore, a course of action to deal with the textile
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subject.
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