Trade Co-operation Will Be Wrecked If U.S. Refuses To Join 1.T.0.
(10 a.m.) WASHINGTON, May 9. Mr. William Clayton, a former Under-Secretary of State, said yesterday that the world hopes for economic co-operation will be wrecked if the United States fails to join the International Trade Organisation. Mr. Clayton helped to create the 1.T.0. when he was Under-Secretary. He said: “If the United States rejects the 1.T.0. charter I am sure there will be no International Trade Organisation and I am afraid the other countries might interpret our action as saying to them, ‘we are through with economic co-operatidn. After this it is every country for himself and the devil take the hindmost.’ “In that case I believe the world would quickly revert to that kind of nationalism, so extreme as to make the 1930's look like free trade.”
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Gisborne Herald, Volume LXXVI, Issue 22942, 10 May 1949, Page 5
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139Trade Co-operation Will Be Wrecked If U.S. Refuses To Join I.T.O. Gisborne Herald, Volume LXXVI, Issue 22942, 10 May 1949, Page 5
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