FDR: “We are glad to be back in the Philippines but we do not intend to stop there.”

By virtue of the authority vested in me by the Constitution and the statutes of the United States, it is hereby ordered as follows:

Trade is fundamental to the prosperity of Nations, as it is of individuals.

Improved standards of nutrition, increased levels of farm incomes, avoidance of agricultural surpluses—these are among the important objectives that the Food and Agriculture Organization will assist the Nations of the world in achieving.

We all know that the reduction of Government-created barriers to trade will not solve all our trade problems.