George P. Shultz

Reflections on Wage and Price Controls

Analyzes wage and price control programs from 1971 through 1974. Life cycle of wage and price control programs; Problems faced by control programs; Interaction of controls with other public control programs. (Abstract copyright EBSCO.)

The Massachusetts choice-of-procedures approach to emergency disputes

Among the various state laws dealing with labor disputes affecting the public interest, the Massachusetts statute of 1947 has been the focus of much interest, because of its origin in a distinguished committee headed by Professor Sumner H. Slichter and its unique provision for a choice of procedures in treating disputes. Experience under the law is evaluated in this article, which is based on examination of the cases which have been dealt with under the act. (Authors abstract courtesy EBSCO.)

The Ecology of International Change

Americans have, once again, just carried out one of history’s most remarkable developments: the nation’s electoral rite of self-renewal. It happens every four years, rain or shine. Every Presidential campaign season leads each of us, whatever our politics, to reflect on our society and our nation’s role in the world. As we look ahead following this Presidential election, more so than any in recent recollection, we need to consider deeply our course ahead. Why? Because we have come to a turning-point in world affairs. Enormous changes are underway. As Shakespeare wrote, “There is a tide in the affairs of men, which, taken at the flood, leads on to fortune … on such a full sea are we now afloat, and we must take the current when it serves, or lose our ventures.”

From the Secretary of State

My dear Mr. Minister: Thank you very much for your letter of January thirtieth, In which you so ably described the recent political developments in central Europe. I am indeed grateful for these periodic reports, which I find of considerable assistance to me in the appraisal of the current situation prevailing in Europe. I look forward to the pleasure of a visit with you during your home leave. Hoping that you have a very pleasant voyage and with all good wishes, Sincerely yours,

The United States and Israel: Partners for Peace and Freedom

Following is an address by Secretary Shultz before the Annual Policy Conference of the American Israel Public Affairs Committee, Crystal City, Virginia, 21 April 1985. We Americans are united by values and ideals that have guided us since the founding of this nation. We seek to preserve and promote freedom-freedom to vote, freedom to speak, write, think, and worship as one chooses. We believe in toleranceand religious tolerance, in particular. We believe in justice and equality under the law. We are committed to democratic governments as the best, if not the only way to protect the rights, well-being, and dignity of all men and women. We have also understood that to pursue these noble goals, we have to be strong enough to defend our country and our way of life against aggression. And we must have an equally strong commitment to international peace and security. A world of peace offers the best hope for the spread of freedom; and a world of freedom offers the best hope for lasting peace. In the latter half of this century, both the defense of freedom and the achievement of peace have come to depend on American strength. There can only be peace when potential aggressors know that they cannot hope to achieve their aims through war. In the modem world, that means that America, as the strongest democracy on earth, has a responsibility to stand with those who share our hopes and dreams. These principles inform every action we take in our foreign policy. Today, I would like to talk about how our ideals, our morality, and our responsibilities in the world apply to our relationship with Israel and to our hopes for peace in the Middle East. The United States supported the creation of the state of Israel almost four decades ago because of moral convictions deeply rooted in the American character. We knew of the centuries of persecution suffered by the Jews, and we had witnessed the horror of the Nazi Holocaust. No decent American could fail to see the justice and necessity of a Jewish state where Jews could live without fear.