NEW AIRPORT FOR LISBON

Wanganui Chronicle, Volume 88, Issue 6, 8 January 1944, Page 5

NEW AIRPORT FOR LISBON

Recd. 7 p.m. Rugby, Jan. 6. The work of enlarging the port of Lisbon, which has been going on since 1931, will now include a new maritime airport at Olivaes costing £500,000. The work will last four years.—B.O.W. ours Company. This policy stands on two legs; first, a patent processes agreement under which the two companies disclose to each other the fruits of their i-espective large research organisations m defined iields of chemical science and cross-license them to each other for use in defined territories; and secondly, joint investment under which the two companies are at present the major stockholders in chemical manufacturing companies in Canada, Argentina, ana Brazil. I believe this policy of co-operation has been to the public benefit in the United States and the British Empire, as well as the South American countries.” The Washington correspondent ol the New York 'limes recalls that Lord Strabolgi in July, 1943, demanded that the House of Lords investigate the operations of Imperial Chemical Industries, whose head, Lord McGowan, defended the cartel system of corporate foreign trade agreements is the backbone of the chemical industry. Informed circles beliexe that the present suit may be considered to be the United States’ answer to a question asked by many people in Britain: Will America insist on competition in the world markets after the war ? Recd. 11 p.m. Wasnington, Jan. 7. The Department of Justice has also alleged that the German 1. G. r’arben Industrie (the Dye Trust) has been a member of the alleged conspiracy since 1926, and the parties at all times since had continued to abide by the provisions of this agreement except to the extent that its operations were inter upted by th-e present war.