Trade With Russia
Sir, — The Government’s casual attitude towards a reported Russian offer to buy wool as part of a trade deal makes one wonder if the Government yet takes the economic situation seriously. The Government possibly has high moral principles about not encouraging trade with Communist countries, but may not the cost of excessive virtue, in present circumstances, be too high? Could not the Industries and Commerce Department impartially investigate what Russian
goods would give value for money equal to imports from other sources? And should not the Government then suggest to private importers that their licence allocations might be reduced if they do not willingly co-operate in changing the direction of some trade? Such Government regulation would be less unpleasant than the Government regulation that will be necessary if the situation is allowed to drift further downhill under a fog of empty talk about not Interfering with already strait-jacketed “private enterprise.”—Yours, MARK D. SADLER. March 29, 1967.
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Bibliographic details
Press, Volume CVI, Issue 31332, 31 March 1967, Page 10
Word Count
159Trade With Russia Press, Volume CVI, Issue 31332, 31 March 1967, Page 10
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