As Secretary of Commerce, Mr. Stans was involved, among many other things, with world trade-specifically, at this time, with trying to persuade Japan, South Korea, Taiwan, and Hong Kong to stop flooding our country with cheap textiles, and trying to persuade Congress not to respond to domestic pressure by raising tariffs and imposing import quotas. The discussion becomes quite technical at times-in terms of balance of payments and what happens to a dollar that a foreigner earns by selling goods here-but host and guest never lose us as they explore the question, as Mr. Buckley phrases it, "Why wouldn't a policy of unilateral free trade [i.e., not imposing tariffs even if others do] ultimately work out economically?"