Speaking at a special United Nations session on world economic problems in New York on Monday (April 15), United States Secretary of State Dr.
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SV Secretary - General Waldheim
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KISSINGER: The great issues of development can no longer be realisticall perceived in terms of confrontation between the haves and have notes or as a struggle over the distribution of static wealth. Whatever our ideological belief or social structure, we are part of a single international economic system on which all of our national economic objectives depend. No nation or bloc of nations can unilaterally determine the shape of the future.
If the strong attempt to impose their views, they will do so atthe cost of justice and thus provoke upheaval.
If the weak resort to pressure, they will do so at the risk of world prosperity and thus provoke despair.
The organization of one group of countries as a bloc will sooner or later produce the organization of the potential victims into a counterbloc.
MALIK: The appeal made by industrialized countries to lower the price of oil appears, therefore, as unwarranted as it is unjust. In point of fact, the increase in the price of oil was long overdue. Neither can it be expected from the developing oil producing countries to continue to subsidize the industrialization of the advanced countries. It may be further pointed out that if adjustment of oil prices had been allowed to proceed gradually over the past twenty years, as was in any event the case with most industrial goods, price levels may well turn out higher than they actually are today - and perhaps they may have been accepted with much less recrimination.
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Dr. Kissinger warned of conflict between rich and poor nations. The following is a transcription of the sound on film.
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Background: Speaking at a special United Nations session on world economic problems in New York on Monday (April 15), United States Secretary of State Dr. Henry Kissinger warned the member-nations that 'we are part of a single international economic system' and that 'no bloc of nations can unilaterally determine the shape of the future'.
He said that commodity producers would find that they were not protected from the consequences of their restrictions on supply of materials or the escalation of prices.
Dr. Kissinger suggested that the industrialized countries -- in return for a good supply of oil -- should develop new fertilizer industries in oil-producing countries using the raw materials and capital they unicuely possess'.
The Indonesian Foreign Minister, Mr. Adam Malik, said that the present energy crisis was the fault of the industrialized nations, who should have gradually paid more for oil over the last 20 years instead of suddenly being caught by a gigantic increase.