4/3/59 I am concerned that United States business as a whole is too much concerned about the role of the private enterprise system in the United States and too little concerned about the performance of the private enterprise system outside the United States. We are very much aware of the threat of communism and its tendency to infiltrate into the free but underdeveloped nations of the world. Somehow we seem all too willing to rely on the fact that the spread of communism will be thwarted by deft political management and programs that extend either financial aid to under-developed countries or are designed to sell the private enterprise system by the usual public relations techniques. I am afraid that this is going to fall far short of the mark. In the first place, programs of financial aid have their place but they also have a tendency to stimulate strong central governments because these programs necessarily involve the foreign government as a planner, a policeman, and a protector of the credit. In the second place, our efforts to sell the private enterprise system by talking about it, writing