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THE OSHAWA TIMES, Wednesday, RTIN Dt January 6, 1960 INTERPRETING THE NEWS Economic Blocks Can Be Dangerous By HAROLD MORRISON Canadian Press Staff Writer The United States, after months of delay as ally de use its persuasive influence in at-| tempts preven country turning tors ed Europe s Six- Market from 1ighly discrimina n cuts , prospects o s blocks agal s from the West Gaulle PPELHAMMER sias far 'FEUX FOLLETS' 40 French-Canadians Perform EF thnic Dances: : DAUM ss Staff Write S rival bloes | now. exist and intend|N.S "|fears tha t the settlement is infla- ith in ,. ECM WILL TAKE UP SLACK W 3 t i'would have necessarily followed a i {| STEEL { stee = E> 4 --- NMOMWAXTEPCK Ut Loy mecrmd mpm xi 30a Bop (@nwon (13 amyl a «Ro sium sits ~~ KHRUSHCHEV CARTOON IN PRAVDA Ru hat labeled | --AP Wirephoto ) {ef Europe." {has been ordered and a second U.S. tariffs by 20 per cent over a increase re' States, sa average mont the U.S the str Mumbles ied to use quit business Tuesday It had g ern Wales good service for 155| and Li uxembourg, aims at devel- lo become permanent nas raised d oping within the membership a new American alarm that US sort of tariff-free "United States exports might become hurt The U.S. has an ace to play authority to cut {mot ion vears One round of tariff cuts already | congressional ravel f into! {3ur-year period, providing she same gets reciprocal action from other isaq ion whethe Mai would con- one of 10 per cent is to go will effect next July, At the time the Outer Seven, including|countries. It jritain, Sweden, Norway and the Common Denmark, also will make tariff sider this & within its own membership, tractive two distinc. | concession Britain's I-iC ommo! t abo yt he West , inc reasi ng provide a big m I economic enmity ean cars as well as other Europ-® the possibility of ean goods. In a market mination by both|J Europe may need the U.S o Impe he U.S. may need Ei ern | and rivalry and stiffening diser he he more 'P rope vant to yuble v French Presider and perhaps becaus too much Ames ar Brit reasons diseriminatic North and South America h de Gaulle on rade arrang omens roposed b, t- try Common pecome ndustrial free ulle and his p s wouldn't Rugged Newfou ty tha less Britain|COMer pulled out of the Commonwealth|:%0% preferential tariff system, at least as agricultural products , icerneq Newfoundland floes? For 1360 ST. JOHN'S free in visitors ae major factor in ti were col ce's development as ridin Is a now SPLIT IN TWO Wi Britain refused id the two The highw e lack of Basques on interest tain's plight John's on the t be related to the fact there Pleted in 1959 large American sympathy Newfoundland tourist the Commonwealth preferen-|Q: L. Vardy says tial tariff system as such, for this orolonged peak of 'ca »m does in effect discrimin- mnosi Sours 1s of tariffs against) There were the U.S. and other onwealth countries However, U.S. Treasury y Anderson has he U.S markets yast to was the west eas al blocs result eom-| 44 directo 1959 brot Secre- over o emphasized tourist need of more export William The fact that the two season since the Carson began g operation between North Sydney, , and Port aux Basques 188 Higher Steel Rates Likely LONDON (AP Eu uropean steel pr Y akers feel that set nt will have le Ernest August Sie n the European poriionately of thelU.S ST Heutte zermany said nber of Oberhause werke, one of West ( major steel makers steel strike settlemen her outside the U. S. only after months. The order books of We German steel makers are fil to the brim." FEAR LONG- TERM EF FECT ind try But economic observers express ike provided only a slight n most European stee! exports to the United d industrial sources quoted the In 1958 its y steel export to was 22,000 tons. During ike period this went up to 7,000 tons The str As an example they se of Luxembourg 1atever are already y omy The Financial Times "The federal reserv 0 act vigo nflationarv tendencies Luxembou oducers feel present in e econ said rously t € 0 cE t t as inflationa Its implications ates on Ix th sides of the, have Last Voyage '0f Railroad In Wales MUMBLES, Wales sea to O ave to-go by bus, The: Muir mournful owed the tr CAT AP)-- Railway Company, the oading enterprise that] sails for loco-| The ven the people of east- v persons who want to] n the centre of Swan- 4 he coast made a as. ru say over mile. of 200 ¢ ld get into the the trip omot the lir n aut ain inte the Mumbies snore or usually that ong the west where it's . fea o : SAILS ON WAGON 50 emplovees Ay OVeriooking which start carriage pul Tobacco Sales }, 877 ,377 Pounds CP On tario Flue-Cured A de Grow- Board reported 1,877,377 pounds ice of 54.09 cents to date are 46. at an average Bus Superintendent Jr 3 St. Catharines RINES AP Catharines and a subsidiary of ways. who hecome hawa's bus vines w | produce anough esfortheaverage family. THE NEW Gaews (Pkt 25¢ postpaid FREE--Big new 168 Page Seed & Nursery Book £5 M22 DOMINION SEED HOUSE, GEORGETOWN, ONT, a good thing for | / we have no interest in see- the whole of American indus paralyzed by a steel strike Noting the U.S trade balance | added reduction mfavorable Europe, he 'We have no interest in a of U.S. imports which reduction of exports." INDUSTRY HEALTHY Generally speaking, European producers are in a healthy position. Much demand is coming | from booming Europe itself The Stee Company of Wales, a big I "under pres- there are tremend- es to increase the 1eets and tinplate ty produce n sufficient quantities.' French expert predicted that marginal steel price in- es in the vu S. are not likely 1 exports for s. 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