Political Quotes

“I do not have any great words of wisdom on this that have not already been expressed. I just can talk from my own experience. On the negative side, there is always the worry that this will put some of our textile people out of business. There is always the worry of transshipment. There is always the worry that people who already have been hit very hard and have a minority of the share of our business in this country are going to be further hurt; and they can say, If you do this to textiles, why do you not do it to the plastics industry? Why do you not do it to some other industry? I understand that. But it just seems to me in terms of the magnitude of the economic impact and also the fact that, in effect, this will be so dispersed that there will not be this transshipment issue to quite the degree that people think. So that is a negative side, but I think there is an answer such as I have just tried to explain. The other side, which I think is even more important, is this: Many times Africans, ambassadors, delegations from countries, come into our offices and say, please invest in our country. What they are really doing is thinking of foreign aid, and we do not have very much foreign aid. I have been around for a long time. It has slowly decreased bit by bit by bit. But even if it were at the old-time levels, it would not do what those nations need to have done in order to jump-start their economies. This does a very, very important, subtle thing.…”