Administration Considers Big Push
For The Reciprocal Trade Program
could be removed only by Con
gress. Before the President could
negotiate a trade agreement, the
Trade Board would determine
WASHINGTON, UP>—'The Eisen
hower administration is consider
ing a big push for the reciprocal
trade program whose future is in
doubt because of mounting con
gressional opposition.
The White House held a busi
nessmen’s stag dinner Monday
night to plug for the program and
Press Secretary James Hageity
said new moves are on tap. He
indicated a major conference of
business and civic leaders may be
called similar to recent bi-parti
san meeting in behalf of the for
eign aid program.
Meantime, an alternative for
the Reciprocal Trade Agreement
Acts that would give Congress a
greater voice in trade control was
advanced by Rep. Dorn (D-SC).
Dorn introduced what he called
“compromise legislation” that
would shelve the multilateral
trade principle of the reciprocal
program in favor of bilateral
pacts. Thus, instead of covering
several countries, the agreements
would be set up on a nation-by
nation basis.
The present six-member Tariff
Commission would be replaced j
by a seven - member Foreign
Trade Board whose members
what items would be subject to
reciprocal tariff concessions.
The board would be required
to determine at what point im
ports would imperil domestic in
dustry and require protective tar
iff boosts. Such determinations
are now made upon industry
complaint but may be overridden
by the President.
Labor Leaders and j
Ike To Discuss
Economic Situation
WASHINGTON, UP —AFL-CIO
president George Meany said to
day President Eisenhower will
receive him and other labor union
leaders Thursday for a discus
sion of the economic situation.
Meany said he, Walter Reuther
and other members of the eight
man AFL-CIO executive comniit
tee will visit the White House to
tell the President of labor recom
mendations for dealing with the
recession.
Meany made the disclosure in
a speech to more than 1,000 union
leaders at the AFL-CIO’s “emer
gency economic conference.”
The AFL-CIO is proposing an
immediate jump in individual in
come tax exemptions from $600
to $700 and boosts in defense and
public works spending.
POOR OLD DOBBIN
WASHINGTON, UP — The tow j
truck of a suburban Virginia i
garage got a bit of new business j
yesterday. It was summoned to i
pull out a horse which had mired ]
chest-deep in a mud hole.
r-:—?
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