U.S.A. TRADE

Grey River Argus, 24 August 1946, Page 3

U.S.A. TRADE

WASHINGTON, August 20. The Maritime Commission’s Postwar Planning Committee reported that if trade increases as expected the United States should be able almost to double its foreign-going fleet compared with the pre-war fleet. The committee said that the Government had hitherto, with one. exception, subsidised only one line in one trade route. To assure adequate service on each trade route, however, and maintain a merchant marine sufficient to meet the defence needs it might be necessary to modify that policy. WELLINGTON, August 21. Two leading members of the United States State Department, Mr. Winthrop Brown, chief of the division of commercial philosophy, and Mr. William Phillips, special assistant in the field of commercial relations, will arrive at Wellington by air to-moi-row, via England and the United States, to confer with the Government on the proposed establishment of a world trade organisation. They will discuss with Mr. Nash to-mdr’row, proposals to be presented next November to a meeting of 15 nuclear countries, including New Zealand, concerning world trade.