As the junior Senator from Nevada will show later in his remarks. this recession is a carryover from the AchesonTruman administration. with its misguided foreign policies and proforeign trade program. which had its origin in the Trade Agreements Act of 1934. which expires on June 12 of this year. This act was named "reciprocal trade." a catch phrase to sell free trade to the American people. It is the economic approach to destroy this Nation. Through this prograni. foreign competition. subsidized by billions of dollars in American aid. has been and is flooding American markets with the products of coolie. peon. and sweatshop foreign labor ever since the act became effective and particularly since World War II. . The result is that we have industries that are hurt. industries partially destroyed. industries half destroyed. and industries that are almost completely destroyed.