POLICIES & PRINCIPLES: A Balance for Peace


Ferdinand Eberstadt is a wise and hard-headed financier, a wartime vice chairman of the War Production Board. In a recent speech in Seattle, Eberstadt made some wise and hardheaded points about U.S. foreign policy and the state of the world. Said he:

It is easy to blame the whole tragic business on Russia. Without doubt the men in the Kremlin are largely responsible for our predicament. But Russia's intransigence is only part of the story. We ourselves, I believe, bear a very real share of the responsibility for the present...

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