Businessmen Shape Op For Battle On Foreign Competition
NEW YORr (API Some 2.000
businessmen today ttart a three
day preliminary bout in what
should be one of the toughest
(ought battles o the weeks and
months just ahead.
At home the combatants are
the advocates of lowering our
trade barriers further and those
who demand more protection
against growing foreign competi
tion. It's shaping up as the big
gest tariff battle in years. The
knockdown is expected when Con'
cress reconvenes.
In the world ring, the battle that
threatens to grow ever sharper
pits Uncle Sam against the Com
mon Market in Western Europe,
the British Commonwealth and
Japan.
President Kennedy has just'
moved to put American exporters
on a more competitive credit
basis with those of other lands
ho have been taking some of
our markets. The Export-Import
Bank and private insurance com
panies will cooperate in financing
and insuring export ventures.
The 2.000 businessmen and bank
ers are being joined here by 400
observers U.S. government offi
cials, educators, students, and
foreign diplomats at the Nation
al Foreign Trade Convention. High
on the agenda is American trade
survival against growing econom
ic intergation in Europe and Latin
America.
This week five U.S. Cabinet
members the secretaries of state.
commerce, labor, interior and ag
riculturego to Japan for talks
Nov. 3 on what to do about Ameri
can and Japanese trade competi
tion. Also, they will consider how
the two nations are going to make
out as Western European competi
tion increases, especially if Brit
ain joins the Common Market-
France, West Germany, Italy, the
Netherlands, Belgium, and Lux
embourg.
American businessmen meeting
here hope to work out their own
survival plans. They also expect
to hear from Undersecretary of
State George W. Ball details of
No Place
For Saturn
In Defense
WASHINGTON (UPI) - There
Is no military use in sight for the
mighty Saturn rocket.
Defense sources said today that
by the time "any military use for
the eight-engined Saturn's great
thrust Is needed the North Ameri
can Aviation Co. Fl rocket en
gine should be available.
The Air Force is interested in
putting heavy payloads into
space. However, experts said, by
the time any device such as an
orbiting bomb platform could be
developed, a better vehicle such
as the Fl could be developed
to launch it.
National Aeronautics and Space
Administration officials were elat
ed by Friday's successful launch
ing of a Saturn.
"We're on our way to the
moon," said one official. Later
versions of the Saturn are de
signed to carry three astronauts
around the moon and back to
earth.
Space agency head James E.
Webb said the launching was "an
important milestone in the build
up of our national capacity to
launch heavy payloads" into
space.
If the Saturn with upper states
were used for military pur
poses, it could deliver a bigger
bomb than the B52 bomber can
carry, and the B52 capacity is
more than 20,000 pounds.
But the United States has no
rocket that big and isn't building
one.
The sources explained that the
Saturn was conceived for peace
time purposes as the quickest:
way lo catch up with Russia s
ability to put heavy loads into
space.
any upcoming changes in the offi-
cial U.S. policy on world trade.
The administration is expected
by most observers to come out
strongly for lower trade barriers
here as the best way to get more
American goods into Western Eu-j
rope, where internal barriers are
falling to the likely disadvantage
of outsiders, such as the United
Stales.
Many at the convention here are
known to favor freer trade all
around as helping everyone in
the long run. They would put the
accent on lowering our production
costs and raising the quality of
our goods as the best competitive
gambit.
But others are just as firm in
their protests that some Ameri
can industries are suffering badly
from the inflow of cheaper for
eign goods. They are demanding
that if the administration won't
raise barriers against such goods.
the Congress should. Tempers are
rising, and the new session wil!
fall in an election year.
The United States is exporting
more goods this year than it is
importing. Latest figures show ex
ports running at $19.8 billion a
year and imports at $15.2 billion.
But this summer exports were
slackening while imports were
rising. So manufacturers who ex
port are edgy, and those whose
goods must compete with the
growing imports are aroused.
The U.S. Treasury also is un
happy because the excess of ex-
ports over imports isn t enough to
offset all the other dollars the U.S.
sends abroad. This balance-of-pay-
ments deticit is also on the con
vention agenda.
U.S. manufacturers have lost
much of their old edge in world
markets. In the early postwar
years they had the advantage of
great strides in mechanization of
plants. But Western Europe and
Japan caught up some years ago.
And today production costs m
West Germany, France and Japan
are 6 per cent lower than in 1953,
while U.S. costs are up 10 per
cent.
West European production is in
creasing, and so are its exports
as well as domestic consumption
Trading blocs there and in Latin
America threaten American ex
porters wilh being shut out of
these growing markets.
Many U.S. companies have
opened branch plants within the
trading-bloc areas to get the bene-
Con Your Church,
Organization, Club
or Lodge Use
$50
For Information
?all or See
MR. WATKINS
Tli 4-)MI IKN Ivorr
fits of lower tariffs and less costly
operating costs.
But that's only a partial solu
tion. In the world in general
there's a big fight brewing.
Monday, October 30, 1961
HERALD AND NEWS. Klamath Falls. Ore.
PAGE I
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OPEN 'TIL
MIDNIGHT
Monday Thru Saturday
Open 10:00 a.m. to 7 p.m.
SUNDAYS AND HOLIDAYS
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Buy plenty!
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(CP 'Vi Ct0 J
40 YEARS SERVING THE NORTHWEST
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Fiery Pre-Dawn
Crash Kills 4
MEMPHIS ( UPI ) Four persons
were killed and two injured when
three cars collided in a fiery pre
dawn smash south of here, the
hinhway patrol said.
Officers withheld the names of
the victims pending positive iden
tification. - At least two of those killed were
tapped in their burning car and
died in the flames'. Officers said
the crash apparently happened
when a northbound car rammed
into the rear of another automo
bile, knocking it into the path of
southbound vehicle.
The car in the middle caught
(ire, pinning its two occupants in
side, police said. The wreck hap
pened about five miles south of
here.
Wrapped Treats
Jelly Beans Co,OM4,piMdia.sEr,29c
Tops" Suckers Asst flpkgorsof 60 59c
Milk Duds Hallowoy choc!lafes 625c
ICE
CREAM
Vanilla or Neapolitan. Rich,
smooth textured Snow Star.
Reg. $1.49.
Money Saving
Gallon Ctn.
1
Extra Large A A Eggs
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Ripe Olives
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Reg. 3 for $1.00
53
$395
19'
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cant I
3 89
50
Quart
20 az.
pkg.
It's Safeway for the finest fruits and vegetables!
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dled and cared for
at Safeway.
Pound
MJB
COFFEE
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with Purchase of
Two 49c Pkgs. of
MOTHER'S
COOKIES
This Week at
MARKET.
BASKET
Klamath Potatoes . 1 10 "... 29c
Red Delicious Apples B 9" 19c
Ruby Red Grapefruit 5S'5 -49c
Florida Avocados N 19c
- . t3 J
v
Safeway Meats Are Guaranteed To Please!
mum
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eating pleasure; carefully trimmed before weighing.
STEAK
0
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WICCiC 4
voneties
.Ton Cereal
3
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I 89c Mustard French,prepored 19c
3 95c Hershey's Chocolo,e ,yrup 2 "JZ 49c
43c Easy On w ,,0,ch 69c
1 5 3.V. 89c Nine Lives p" food 2 N:. 29c
5 ".sr Kat Nip " Food. 6 49c
Clam Chowder
Snow's Homemade 00
flavor IS ox. can 7L
Deviled Ham
Underwood O
2Vt oz. tins L for ijt
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32 ox. pkg. iC
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f I Boneless rolled ft A
oirlOlfl Tip 07C STEAKS
Ground Round " 69c
D C Sweeth
i ui i jumauc u v i ib
The Golden Treasure of Knowledge Vol. 10 Ml 99c
" WW MU n
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i - I ib.
Intmiimi
ee O