07/31/1962
https://www.presidency.ucsb.edu...
"What I am proposing is a joint step on both sides of the Atlantic, aimed at benefiting not only the exporters of the countries concerned but the economies of all of the countries of the Free World."
"It's not an exaggeration to say that this endeavor proceeds under conditions today more fraught with peril than any in our history."
"The United States still holds some 43% of the Free World's monetary gold stock, a proportion far larger than our share of its trade and clearly sufficient to tide us over a temporary deficit period--a..."
"I hope that some of your most alarming feelings of a year ago about the imminent collapse of the whole business system if I was elected have been somewhat lessened."