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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Dec. 7, 1961)
Kennedy's Move Accents Expansion Of World Trading-Bloc Movement By SAM DAWSON AP Business Newt Analyst NEW YORK (AP) - Fst expan sion of the trading bloc movement throughout the world is accented today by President Kennedy's call ing (or ways to fit the United States into a new way of inter national economic life. The blocs are already powerful in Western Europe and among the Communist countries. They are firming up in South America, Central America and Southeast Asia. Japan talks of making it all non-Communist Asia. A pact including many nations bordering the Pacific Ocean is a gleam in some economists' ees. The Mideast is talking up the idea of trading bloc. Canada discusses a possible North American bloc to deal with the others. In this country some advocate that the United Slate; and Canada join a North Atlantic trading bloc, along the lines of the North Atlantic military alliance. In his speech here Wednesday to the National Association of Manu facturers the President pointed out the growing economic power of the Communist bloc as a threat to the West. But he went on to note that "some 90 per cent of the free world's industrial production may oon be concentrated in two great markets the United States of America and an expanded Euro pean Common Market." lie proposed a "a joint step on both sides of the Atlantic" to see that the two sides of the Atlantic work together in economic peace, and thus benefit 'the economies of all the countries of the free world." Implying that trading blocs have outdated older systems, he said, "a trade policy adequate to deal with a large number of small states is no longer adequate." The European trading blocs are our immediate problem and the debate about what we should do is loud and increasing. But let's also look at some of the others taking shape. In Southeast Asia an economic association has been formed by Malaya, Thailand and the Philip pines. Japan and India have talked of the possibility of extending such a bloc in the future to gain trading advantages for all or most Asian non-Communists. An even larger Pacific Ocean trade community has been sug gested. It might include the Unit-jd States, Canada, Australia. New Zealand and other Pacific nations I if they feel frozen out of the Euro Ipean markets. A Latin-American trade are.i. along the lines of the European! Common Market, hopes to start j tuning uuwtrs iiiving uiriuut 1 states rext month. Signed up are Argentina, BrazU. Chile, Bolivia, j Paraguay. Peru, Mexico, Ecuador I and Colombia. I A similar trading bloc in Cen tral America aims at increasing j trade between these small nations and bettering their world trade position. I Some African diplomats are thinking along the same lines. So are the Arab states. Physician To Test Cancer Treatment NEWCASTLE. England (AP) An English surgeon is preparing to choose six no-hope cancer vic tims to test a new treatment of the killer disease massive trans fusions of blood taken from vic tims of multiple sclerosis. The experiment will be carried out shortly by Dr. Ian Mclver, 48, consultant neurosurgeon at New castle General Hospital. Hospital officials said it may take a year to evaluate the results. Multiple sclerosis is a brain dis ease which causes paralysis. Dr. Alfred Piper, a general practition er in the coal mining village of Lemington, Northumberland, re ported recently that in 11 years of study he had never come across a case of someone with multiple sclerosis contracting cancer. Dr. Piper's report so impressed Dr. Mclver that he decided to test it on human cancer victims. Behind the trading bloc idea: ihas impressed all nonmembers. and tariff concessions from non-lmany, is that the resulting free 1. Improving the economy of the 2. Forming a solid front against members. I trade 'among all nations would member states by opening up their other trading nations. This may be 3. And the far-out possibility of I help everyone in the long run internal markets. The striking in-1 used either to protect the internal eventual union of all trading blocs even if the short-run results would dustnal growth of the European industrial setup by handicapping 1 of the non Communist world. The be harmful to a lot of individual Common Market in few years ' outsiders, or to bargain fur trailing talking point, sharply disputed by 'companies and industries Thur,, Dec. 7, 1961 1 he Newt-Review, Rosebunj, Or. II If Your Paper Hoi Not Arrived By 6:13 P.M. Dial OR 2-3321 Between 6 & 7 P.M. Saturday Only 3 To 5 P.M. Father Heads For Meet With 3-Year-0ld Son JACKSONVILLE. Fla. (AP) -A Cincinnati father was en route here today for reunion with his 3-year-old son who was found wandering alone in downtown Jacksonville a week ago. 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