"WHEN THE ECONOMY IS EXPANDING, PROFITS ARE EXPANDING, & NOT AT THE COST OF THE CONSUMER"

JFK SPEAKS ON 50TH ANNIVERSARY OF U.S. CHAMBER OF COMMERCE

Washington, D.C. (JFK+50) On April 30, 1962, President John F. Kennedy addressed the United States Chamber of Commerce at Constitution Hall here in Washington, D.C.

The President said...

"I am delighted to...welcome you, on the occasion of your fiftieth anniversary, to the Nation's Capital.  Almost all of the great nations...have their financial and political capitals located in the same city.  Our founding fathers chose differently, in an effort to isolate political leaders from the immediate pressures of political life and national life."

The President noted that he was the "second choice" of most businessmen for the Presidency and added that..."my specific interest...is in maintaining a competitive world position that will not further stir the gold at Fort Knox."

Mr. Kennedy saluted the Chamber for its endorsement of his Trade Expansion Bill and reminded his audience of his administration's efforts aimed at creating high employment along with high capacity utilization.  He said...

"When the economy is expanding, profits are...expanding, and not at the cost of the consumer."

SOURCE

"Address Before the United States Chamber of Commerce on Its 50th Anniversary, April 30, 1962," Public Papers of the Presidents of the United States, January 1 to December 31, 1962, United States Government Printing Office, Washington, 1963. 

United States Chamber of Commerce Building

1615 H Street NW

Washington, D.C. (2008)

 Photo by APK like a lollipop

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