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Selected Speeches
The Church of Haile Selassie I, Inc.
Chapter IX
Concerning The Currency Law
Nov. 22, 1946
Selected Speeches
Haile Selassie the First - November 22, 1946
For the first time in Ethiopia's long history the country has had a National
Development Plan.  His Imperial Majesty introduced in 1957 the first Five-Year
Plan, the beginning of a twenty-year socio-economic plan.  He has pressed
forward a broad-based programme of infrastructure with the expressed purpose of
laying the foundation for Ethiopia's all-round, rational economic development.  
The results are today evident in many areas of the nation's viable and expanding
economy, and the second Five-Year Plan is now being implemented.
... As you know, the military, civil, peasant, commercial and industrial
classes of the population are all part of the same body politic.  They are
similar to the parts of the body, such as the hands, the feet, the eyes and
the blood, and they are all dependent on each other and must work
together in helping each other for the proper health of the body.  Just as
the circulation of blood gives life to the human body, so the commercial
and industrial enterprises constitute the life-blood of the population.  It is
not Our intention to support one part of the activity of the Empire as
against another part, but to assist them all to grow and work together for
the benefit of the whole population.  We shall assist the commercial and
industrial as well as all other sectors to co-operate for the benefit of the
whole.

We are gratified to accept your words today stating openly that you have
decided to abide by the Ethiopian Constitution and particularly by the
Currency Law and Legal Tender proclamation issued over a year ago.  It
should be recognized that We accept no difference between foreign and
local traders.  The progress of business in general is in the interest of the
whole population; therefore, We shall do all in Our power to assist you to
maintain this progress in the future....
Economic Development
Ba Beta Kristiyan Haile Selassie I
Ba Beta Kristiyan Haile Selassie I