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Let me close today with some modest pieces of advice. First, understand that you often will confront moral ambiguity. There will come times when you will have difficulty distinguishing between good guys and bad guys. When these situations arise, identify your principles and stick by them. Stick by them even when people jeer, when people urge you to find a quick and easy out. (Applause.) And you know, if you remain patient and true to yourself, you can't go wrong.
And second, remember that the corner of the world that matters most is the one right here at home, the one you share with friends and family.
And finally, your destiny and the currents of history will most likely intersect more than once. You will have ample opportunity to make your mark. And take care to make it count.
To all the graduates of the Class of '91 who now join me as proud alumnae of this great university, congratulations. Good luck to you. And may God bless the United States of America.
WHITE HOUSE ARGUES FOR RENEWING CHINA'S TRADE STATUS (Text: White House release on reasons)
Washington The White House released May 27 a list of arguments in favor of renewing China's most-favored-nation trade status.
President Bush argued for that case in the commencement address at Yale University later May 27, even though he was not expected to announce his formal decision in the matter until later in the week leading up to the June 3 deadline for that announcement.
The arguments, or reasons why MFN should be supported by the Congress, were entitled "Basis for Renewing China's Most-Favored Nation Trade Status" and included these main points:
1. China qualifies under the emigration standard of Jackson-Vanik.
2. The commercial relationship promotes reform.
3. Eliminating MFN status would seriously erode, it not destroy, the U.S. ability to engage the Chinese on key issues of concern including human rights, nonproliferation, prison labor exports and trade issues (or barriers).
4. A trade war would hurt U.S. business and consumers.
5. A constructive relationship with China serves the cause of world peace.
Following is the text of the White House release of list of reasons:
BASIS FOR RENEWING CHINA'S MOST-FAVORED-NATION TRADE STATUS
China Qualifies Under Emigration Standard of Jackson-Vanik.
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China continues to maintain a relatively open foreign travel policy. Approximately 17,000 mainland Chinese received U.S. immigration visas in 1990. U.S. limits and not Chinese restrictions prevent emigration in larger numbers. U.S. visas issued to Chinese students and tourists rose 19 percent to 33,800
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