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“Passing On Troubles”

(Rec. 9 p.m.) LONDON. September 25. “The Times” today described the decision of the United States to reduce lead and zinc imports as a step calculated to pass her domestic troubles on to other countries more dependent on international trade. “The American announcement of cuts in lead and zinc imports was no surprise,” it said. “Washington’s position has been difficult They have resisted many pressures to increase protection during the present recession. The quotas now imposed, however, involve a severe burden on importers.

“The violence of the Australian reaction, wholly understandable, clearly owes much to the severity of the cut in the quota—by 20 per cent. “It is unfortunate that the

American Government has felt it necessary to act when the worst of the recession seems over. "The step now taken is calculated to pass on to other countries. more dependent on international trade, America’s domestic troubles —in particular the rising cost of some of her basic mineral production,” said “The Times.”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19580926.2.98

Bibliographic details

Press, Volume XCVII, Issue 28701, 26 September 1958, Page 9

Word Count
165

“Passing On Troubles” Press, Volume XCVII, Issue 28701, 26 September 1958, Page 9

“Passing On Troubles” Press, Volume XCVII, Issue 28701, 26 September 1958, Page 9