The men and women of this hemisphere know that the alliance cannot succeed if it is only another name for United States handouts--that it can succeed only as the Latin American nations themselves devote their best effort to fulfilling its goals.
Kennedy stresses that the success of the Alliance for Progress relies on the commitment of Latin American nations to their own development.
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Industries--and I believe this is most vital--industries will move their plants and jobs and capital inside the walls of the Common Market, and jobs, therefore, will be lost here in the United States if they cannot otherwise compete for…
If, on the other hand, we hang back in deference to local economic pressures, we will find ourselves cut off from our major allies.
These various elements in our foreign policy lead, as I have said, to a single goal--the goal of a peaceful world of free and independent states.
Neither money nor technical assistance, however, can be our only weapon against poverty.