The Chance for Peace speech was an address given by U.S. President Dwight D. Eisenhower on April 16, 1953, shortly after the death of Soviet dictator Joseph Stalin.
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The death of Joseph Stalin on March 5, 1953, briefly left a power vacuum in the Soviet Union and offered a chance for rapprochement with the new regime, as well as an opportunity to decrease military spending.
On the heels of his 'Cross of Iron' speech in April 1953, President Eisenhower was increasingly concerned about the trajectory of US foreign policy, in as much as it leaned heavily toward militancy vis-a-vis the Soviet Union.
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