GENERAL CABLES

Grey River Argus, 29 August 1939, Page 8

GENERAL CABLES

U.S.A. AND ARGENTINE NEGOTIATING TRADE TREATY. . AUSTRALIA’S HOPES DASHED. WASHINGTON, August 23. Hopes of a trade pact between Australia and America have waned further, wth the announcement by Mr Sumner Welles (acting-Secretary of State) that the United States is negotiating a reciprocal treaty with the Argentine. Concessions which the United States is considering granting cover items similar to Australian exports, namely, wool, casein, poultry, grapes, pears, hides and skins. Mr Welles commented that certain European countries are developing the Argentine trade at the expense of the United States.