Clay Shaw on the Soviet Trade War 1958
From: jpshinley@my-dejanews.com
Date: 1/31/99 6:29 PM Eastern Standard Time
Message-id: <792kij$hg7$1@nnrp1.dejanews.com>
New Orleans Times-Picayune July 5, 1958 P30
Red Trade War Methods Noted
-
The trade war on the West begun by the Soviets indicates that
they have reached an economy with a tolerable level of consumer
goods, Clay Shaw, managing director of the International Trade
Mart, said Thursday [3rd] at a meeting of the Executives Club
at the Roosevelt Hotel.
The Russians control production like we control our Army, Shaw
said, adding that production can be used by the Russinas to either
reward or punish other nations by overproduction or sharing the
market.
Recently, he said, the Russians have "played hob" with the
world's aluminum market by cutting down sharply on their prices.
They see no need for making profit and will sell at a loss solely
to gain economic control of other nations.
The answer to this trade war is a closer integration of the
economies of the Free Western World to make our own productions
more stable, Shaw concluded.
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New Orleans Times Picayune August 3, 1958 P5
Architect Due to Study Mart
Noted Designer Arrives in City Monday
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[brief quotation:]
-
"Our project [new ITM building] will be a symbol in stone and
steel," said [William] Zetzmann [ITM president]. "It will mean
that New Orleans has enlisted for the duration in the economic war
Russia has declared upon the west."
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[end of articles]
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Jerry Shinley
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