U.S. AND WORLD TRADE
NEW YORK, Jan. 13. America's swollen export trade, which in the last three years has been dominated by the Lend-Lease operations, is now gradually being restored to private enterprise with the result that American foreign trade when the war ends may be more than twice as great as before the war, says the New York Herald-Tribunes Washington correspondent. Ihrougli the policy of *. permitting a private trader to take over Lend-Lease business on a cash basis, American exporters are entering new markets, and increasing the volume of business on established trade routes. For example, machine tools aro being sold to South Africa., civilian goods ot all kinds are being sold to England,, while tho French Committee of Liberation is beginning to buy direct y from private American sources. A high economic otlicial predicted that the gains would continue after the war and foreign trade would become a much more important part of American economy as the United States expects to enjoy a larger share of world trade.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19440114.2.69
Bibliographic details
Manawatu Standard, Volume LXIV, Issue 39, 14 January 1944, Page 5
Word Count
170U.S. AND WORLD TRADE Manawatu Standard, Volume LXIV, Issue 39, 14 January 1944, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in