AMERICAN REPUBLICS

Evening Star, Issue 25169, 8 May 1944, Page 4

AMERICAN REPUBLICS

MAY FORM POST-WAR TRADE BLOCK

WASHINGTON, May 6. The representatives of 21 American Republics have issued l a statement, saying that it will be necessary after the war for Governments throughout the world to pursue much more liberal policies than hitherto if full production and employment are _to be obtained. The adoption or cOntinution elsewhere of policies that restrict trade and divert it from natural economic channels may render it difficult for the American Republics to give effect to liberal nondiscriminatory trade policies. The solution must' be sought on a world-wide basis.

The Washington correspondent of the ' New Yrfrk Times ' says that the statement implies a threat that 21 American republics, including the United States, may form a hemispheric trade block as a counter-measure to the British preferential system if the Empire Conference now meeting in London decides to extend the preferential trade policy to the post-war period.