Word: exporting
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According to the U. S. interpretation, the combine (including the U. S. and Bethlehem Steel Corps.) was to be organized under the provisions of the Export Trade Act to prevent competitive price-cutting between U. S. steelmen in European markets. Through consolidation of foreign offices, elimination of duplicate staffs, considerable economies might be effected. Thus the U. S. would be in a better position to compete with the rejuvenated German steel industry. (TIME, July...
...everyone knows, U. S. steel makers may not combine to control the domestic market. They may combine, however, under the provisions of the Export Trade act (Webb-Pomerene law), to undersell foreign mills in foreign markets. Last week, the two principal producers, U. S. Steel Corp. and Bethlehem Steel Corp., controlling over 75% of the American export trade, proposed through their export subsidiaries* the formation of an association to market all U. S. iron and steel products abroad...
...Steel Products Co., Bethlehem Steel Export Corp...
Reasons for Alarm. Production of grain in the Soviet Union is now almost up to the pre-Revolutionary level, yet there is an acute shortage of grain in the cities, and so little is left for export that that figure now stands at less than one twentieth of the 10,000,000 tons exported in average Romanov years...
Remedies. "Must we turn back?" cried President Kalinin. "Some people are drawing that inference. . . . We must remedy the situation! After ten years of our present policy we have reached a point where we must realize that the shortage of grain for urban or export consumption is not the result of accident or poor crops...