Positive action now on this bipartisan initiative will bring new opportunity to our hemisphere, reinforce stability among the democracies of the New World, and demonstrate for all that prosperity, peace, freedom, and democracy go hand in hand.
Statement on House of Representatives Approval of the Caribbean Basin Initiative
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More from Ronald Reagan
The strength of our nation has never been with the Washington colony but with the American people.
We understood the key to prosperity was low-inflationary growth, and we achieved it.
If we ever closed the door to new Americans, our leadership in the world would soon be lost.
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