2- uranium, coal, and copper, and even iron ore was touched on by implication in our discussion of the steel industry. This leaves little for me to speak about in our specific company's activities that would add to what has been said before. However, if there is an area that perhaps has not been given all the consideration that it deserves in our three days of deliberation here, it seems to me to lie in the international field. While we have naturally emphasized here domestic problems, I suggest to you that in today's troubled world our domestic problems exist against a backdrop of international affairs that cannot be ignored and indeed may overshadow and profoundly affect the whole nature and shape of things to come. We live in a world in which we are experiencing a ceaseless struggle between two ways of life, a struggle being perennially waged by the two great powers and those closely associated with each of them, a struggle being witnessed and closely followed by the great balance of the uncommitted and undeveloped nations of the world who have yet to decide which course of development they shall follow. Time will not permit an exploration of the subject in depth, so let's risk oversimplification and stipulate the following; First, that we are agreed that it is important for the preservation of our way of life to win to our side a substantial share of the uncommitted nations on the grounds that private enterprise cannot long survive as an isolated island surrounded by a vast sea of socialism and communism. Second, that the development of the underdeveloped countries under private enterprise will require massive exports of capital from the highly industrialized nations as well as the export of managerial and technical talent. Third, that as a nation we are willing to pay the price of diverting this