New York Times, February 4, 1939
3?
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President's Statement
i
Special to Tar Niw York Timis.
WASHINGTON, Feb. 3 —The text of President Roose-
velt's risume at hie press conference today of his conception
of American foreign policy teas as follows:
-EXCERPT FROM PRESS CONFERENCE No. 623
Feb. 3, 1939.
The President: The [foreign] policy has not changed
• and it is not going to change.  If you want a compara-
tively simple statement of the policy, X will give it to you
and Kannee [Henry Kannee, - the' official stenographer]
can copy it out afterward:
No. 1: We are against any entangling alliances,
obviously.
No. 2: We are in favor of the maintenance of world
trade for everybody—all nations—including ourselves.
No. 3: We are in complete sympathy,with any and
every effort made to reduce or limit armaments.
"No. 4: As a nation—as American people—we are
sympathetic with the peaceful maintenance of political,
economic and social independence of all nations in the
world-_^___; _ • ¦