TRADE RIVALRY

Grey River Argus, 26 September 1944, Page 5

TRADE RIVALRY

BRITAIN AND U.S. IN EUROPE. NEW YORK, Sept. 24. While portents of intense AngloAmerican foreign trade competition become increasingly evident, says the Washington correspondent of the New York Times, efforts are reported to be under- way in the Anglo-Ameri-ca'n war production control organisations to work out some methods whereby traders of each nation will set out with an equal start when commerce can be resumed. One proposal is that a Combined Production Resources Board continue after the conclusion of the war in Europe, as an agency to refer or make rules for trade resumption. The principal problem arises from the fact that the country which does the largest amount of reconversion at the end of the European phase will probably have the advantage. /The United States Chamber of ’Commerce is approaching the Government with a report from a special committee considering trade in the liberated areas, says the Washington correspondent. The report says: “To protect and promote United States foreign trade the committee urgently recommends that with a view to per,'mitting a prompt survey, and rehabilitation by American enterprises of investments, plants and organisations in Europe, Asia and Africa, the State Department and other appropriate Government agencies and military authorities encourage and aid interested United States companies and associations in sending accredited representatives to the liberated areas immediately those areas are out of the zone of military combat. The committee also recommends that communications and travel to such areas be restored as rapidly as possible and all such facilities granted as promptly as possible.” Word has reached Washington, adds, the correspondent, that the special United States mission sponsored by the State Department has arrived at Cairo to study post-war trade restoration. The .mission is understood to have resulted from the strenuous protests lodged with the Department a year ago by Mr James Landis, American economic representative in the Middle East, against the methods employed by the British to maintain the usual commercial channels in the Middle East during the war.