John F. Kennedy: “We need a new law--a wholly new approach--a bold new instrument of American trade policy.”

All of us together--this Administration, this Congress, this nation--must forge those answers.

Our Constitution wisely assigns both joint and separate roles to each branch of the government; and a President and a Congress who hold each other in mutual respect will neither permit nor attempt any trespass.

And we will have forged across the Atlantic a trading partnership with vast resources for freedom.

For together we face a common challenge: to enlarge the prosperity of free men everywhere--to build in partnership a new trading community in which all free nations may gain from the productive energy of free competitive effort.