INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. stated that postwar collaboration along equally bold and imaginative lines was essential in the interest of expanded world trade. At Washington on March 13, 1945, a similar statement was made by Prime Minister King and by the late President Roosevelt in regard to the problems of international economic and trading policy. In view of the high degree of economic interdependence of the Canadian and American economies, the Government of the United States desires to assure the Government of Canada that it will consider and deal with the problems of the transition from war to peace in the spirit of the Hyde Park Declaration which gave rise to such successful cooperation for war purposes. My Government would greatly appre- ciate a similar assurance on the part of the Canadian Government, together with an expression of its views on the principles which the United States Government would be willing to apply in the initial problem of the reconversion of industry. Accept, Sir, the renewed assurances of my highest consideration. RAY ATHERTON The Right Honorable The Acting Secretary of State for External Affairs, Ottawa. The Acting Secretary of State for External Affairs to the American Ambassador DEPARTMENT OF EXTERNAL AFFAIRS CANADA No. 48 OTTAWA, May 15, 1945. EXCELLENCY: The Government of Canada welcomes the assurance of the Govern- ment of the United States, contained in your note No. 320 of May 7th, that it will consider and deal with the problems of the transition from war to peace in the spirit of the Hyde Park Declaration which gave rise to such successful co-operation for war purposes. The Canadian Government agrees that post-war collaboration along bold and imaginative lines is essential in the interests of expanded world trade. The Government of Canada on its part desires to assure the Gov- ernment of the United States that the same spirit of co-operation, which was manifested in the Hyde Park Declaration, will characterize the Canadian Government's consideration and treatment of the problems of the period of transition which are of mutual concern. The principles which the Government of the United States would be willing to apply on condition of reciprocity in the initial problem of the reconversion of industry are acceptable to the Canadian Govern- ment. The Canadian Government believes indeed that the principles proposed will minimize for both Governments the difficulties of reconversion.
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