From Library Journal
Career diplomat Butler argues that Cordell Hull's vision of a liberal international economic order shaped American diplomacy in Franklin Roosevelt's first administration. Hull's Wilsonian convictions grew out of horror at World War I, which he blamed on great-power economic rivalry. During the Paris Peace Conference, he stoutly defended Wilson's Point Three, insisting that a liberal trade regime would dampen the impulse to competition and avert a new conflagration. Secretary of State Hull's liberalizing efforts culminated with the passage of the Reciprocal Trade Agreements Act, authorizing the State Department to negotiate bilateral agreements reflecting his philosophy. In a remarkable feat of diplomacy, Hull engineered 20 such agreements by 1939. The act marked a decisive victory for champions of low tariffs and foreshadowed the postwar Bretton Woods system. An insightful look at a capable statesman whose concept of the link between security and economics remains influential; recommended for academic libraries.?James Holmes, Student, Fletcher Sch. of Law & Diplomacy, Tufts Univ., Medford, MA
Copyright 1998 Reed Business Information, Inc.
About the Author
Michael A. Butler
is Counselor for Political and Economic Affairs at the Embassy of the United States in Oslo, Norway. He holds a Ph.D. in American History from the University of Virginia.