Letter to the Editor: Free trade essential

Posted 10/11/25

I am certain that you folks can no doubt find more recent opinions by current well-known economists. However, here is a 1945 quotation from the President who oversaw the end of World War II …

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Letter to the Editor: Free trade essential

Posted

I am certain that you folks can no doubt find more recent opinions by current well-known economists. However, here is a 1945 quotation from the President who oversaw the end of World War II hostilities. Perhaps some of your readers would like get acquainted with an older opinion.
“My view was that, in the long run, our economic prosperity and the prosperity of the whole world were best served by the elimination of artificial barriers to international trade, whether in the form of unreasonable tariffs or tariff preferences or commercial quotas or embargoes on the restrictive practices of cartels.”
This is on page 529 in this memoir:
Truman, Harry S. 1955. 1945: Year of Decisions – Volume One. – (1965 Signet Books printing by The New American Library of World Literature, Inc., 501 Madison Avenue, New York, New York 10022)

Darrell Dewar
Cottage Grove