a number of countries a joint agreement
designed to strengthen the security of the North Atlantic area. Such an
agreement would take the form of a collective defense arrangement within
the terms of the United Nations Charter.

We have already established such a defense pact for the Western
Hemisphere by the treaty of Rio de Janeiro.

The primary purpose of these agreements is to provide unmistakable proof
of the joint determination of the free countries to resist armed attack
from any quarter. Each country participating in these arrangements must
contribute all it can to the common defense.

If we can make it sufficiently clear, in advance, that any armed attack
affecting our national security would be met with overwhelming force,
the armed attack might never occur.

I hope soon to send to the Senate a treaty respecting the North Atlantic
security plan.

In addition, we will provide military advice and equipment to free
nations which will cooperate with us in the maintenance of peace and
security.

Fourth, we must embark on a bold new program for making the benefits of
our scientific advances and industrial progress available for the
improvement and growth of underdeveloped areas.

More than half the people of the world are living in conditions
approaching misery. Their food is inadequate. They are victims of
disease. Their economic life is primitive and stagnant. Their poverty is
a handicap and a threat both to them and to more prosperous areas.

For the first time in history, humanity possesses the knowledge and the
skill to relieve the suffering of these people.

The United States is pre-eminent among nations in the development of
industrial and scientific techniques. The material resources which we
can afford to use for the assistance of other peoples are limited. But
our imponderable resources in technical knowledge are constantly growing
and are inexhaustible.

I believe that we should make available to peace-loving peoples the
benefits of our store of technical knowledge in order to help them
realize their aspirations for a better life. And, in cooperation with
other nations, we should foster capital investment in areas needing
development.

Our aim should be to help the free peoples of the world, through their
own efforts, to produce more food, more clothing, more materials for
housing, and more mechanical power to lighten their burdens.

We invite other countries to pool their technological resou