YANCEY COilTPAilY

Aluminum Products Division

SACRAMENTO, CALIFORNIA

Monufocturers of lhe west's most complete line of screen ond convertible storm doors, "The BelAir,, ond,,The Aristocrot" Yoncey )'Cushion Seol" door weotherslrip ond Yoncey oll-oluminum sign fromes.

For: lmported Plywood Industry

(Continued from Page 24)

The "escape clause" should be retained in the Trade Act, Barnhard conceded, but it should be used for its proper purpo.sg. That, he said, is not to protect a company from competition, but to give it time to adjust to the'neri, competitive, circumstances of the marketplac.. The law should not be used a_" a permanent subsidy for uneconomic operations, he stated, but should provide- temporary relief to a, company as it moves into a more economic line that would increase both its profits and its wages.

Aside from the selfish economic gains from a liberal trade program, he concluded, increised imports *outJ also provide strength to our free world allies ^and t ooe io the,underdeveloped and uncommitted nations of the world, Doth ot vltal lmportance to our national security.

For: Domestic Plywood Indusfty

(Continued from Page 24) othe_r than Japan from participating in the United States market."

..WJreeler urged Congressional approval of a bill (H. R. 71250), introduced by Congressm-an Dor.t of South Car- olit", .!g_ modjtf the present Trade Agreements Act. He said: "The bill would, we believe, piovide a means for the hardwood plywood industry and other affected American lndustries to obtain relief from the unfair competition of imports."

Washington, D.-C.-If the United States seriously ad- vocates free world trade, it should take immediate steps to establish a North American ,,common market', wiih Canada,. a prominent economist told a meeting of hardygod_ plywood manufacturers February 13. Dr] Lewis E. Lloyd, economist for Dow Chemical Company and widely known author and lecturer on world .orri*"'r.., declareh in a dinner address high-lighting the three-day .""""i neeting of the Hardwood plywood Institute at the Shore_ ham hotel:

^"If -we really want free trade, we should start with Lanada, where wage standards and other conditions most nearly approxlmate our own.

'I,et us plan right now for a common market with our nerghbor and biggest trading partner. Over the next l0 years, the United States and eanada could progressivelv and mutually remove tariffs. This is the kind'of ?ree trad1 w[ich is justified by fact as well as theory.,,

But free trade on a world-wide scale, the appa.errt goal of present United States tarifi policy undei'th; Tr'ade Agreements Act, is no more practical under current condi_ tions of international tension than total disarmame.r;; D;. Lloyd warned.

. Spokesmen for the.!-lf-w9od makers said their organiza- tion is planning a stifi -fight against the Administ[tion,s proposal to renew the Trade Agreements Act for five more years._ The President has asled-Congress for new authority to reduce tarifl levels another 25%:

Dr. Lloyd attacked claims that continued cutbacks in American tariffs will improve. the free world's livir-rg stand_ ards and check the Communist economic offensive] Trade, as.simply_!.he means of distributing production, will noi help_ our allies build factories or pay higher wag.es to their workers, he said.

"If 1ve really want to assist our friends toward a better r.yay of life, we must encourage them to find'ways to entice American capital-free enterprise capital_to build plants in their countries to service their markets and to pay ir"g.. which give"their people.purchasing power to buy d".[?h; products ot thelr own industry.',

"If we are to develop. a souhd foreign trade policy, the control must be brought back to C6ngress, *tr..e' tt. Constitution places it, lnd where it will"be in the h";A; of men who understand the sound fundamental principles ofour free enterprise economy."

Tariff abolitionists, Dr. Lloyd said, try to justify foreign trade restrictions on grounds- that these countries already buy more from the United States than they sell to us. This has created the so-called "dollar gap."

. Dr.. Lloyd said other .countries ire not lacking dollars, but simply prefer to spend their dollars for other "prtpo.... The speaker noted:

_ "Jn _the past 10 years foreign nations have increased their dollar holdings until they-now have claims on more than two-thirds of our total gold reserve. As a result we are now in a very vulnerable position with respect to our poney credit sys,tem. If at any time, for whativer reason, foreign nations began to preier gold to our dollars, we could end up with a linancial crisii the likes of which this country has not seen in half a centurv."

Dr. Lloyd said repeated tariff reduciions under the Trade

Speciolrsts

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REDWOOD POSTS ond

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P. O. Box 987

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TWX: Fort Brogg 49

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FENCING

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PHONES: ([os Angelesl ZEni]h 4925 (Colron) TRinitY 7'O33O

Agreeme-nts Act have brought serious injury to many seg- ments of American industry. In 1957, he revealed, imporis of foreign-made industrial goods exceeded imports of raw materials and commodities for the first time in this centurv.

To restore control of foreign commerce to Congress, Dr. Lloy.d called Jor increased authority for the Taiiff Commission to administer the "escape -clause', and other intended safeguards for domestic industries.

Wood Preservers to fileet in Los Angeles April 14-16

The American Wood-Preservers' Association will hold its 54th annual meeting in Los Angeles at the Hotel Statler, starting_Xfonlfay morning, April 14, and continuing t^hlg.-"gh. April 16. President W. W. Barger invites all A.W.P.A. members, and others interested in the wood preserving. industry_, to attend this meeting. This is the hrst --meeting in California since the association chose San t rancisco as the 1921 convention site.

The increasing value of timber products and the need to conserve our timber supplies emphasizes the economic importance of increa_sing ftre service life of each piece of cut timber. To make this possible all branches'of the treating industry meet once a year to discuss new and better materials and processes for treating timber products.

Among the interesting panel discussi6ns and iechnical papers by .out-standin-g__specialists in the wood treating industry will be the following:

Wood Preservation on the -southern pacific Lines. H. M. Alpen, Sorrthsln Pacific Co.; Evaluating Wood preservatives by Soil-Block Tests: 10. Effect of Species of Wood on Preservative Threshold Values, Catherine G. D_uncan, Forest Products Laboratory; Round West Coast I,lemlock, Ktl" Drying and _Pressuie Creosoting, Robert D. Graham, O_reg91 Forest Products Laboratori; Recent Research on the tsiology of Marine Wood Boreri, D. L. Ray, -Departmqnt of. Zoology, Univ_ersity of Washington; Standardized Framing of Power Company poles. i. T'. Jacobi, The Detroit Edison Co.; The Reiationship BetweJn Subterranean Termite Attack and Varying Retentions of Water-Borne Preservatives, Anders E. L"und, School of Forestry, Duke University, and pressure Treated Wood and the U.!, H_ighlvay_ Program, H. A. Radzikowski, Bureau of Public Roads, Department of Commerce.

^.'I'it. Arrang_ements committee, headed by Committee Chairman A. Dale Chapman, have arranged-many activi- Lnalrman IJale arranged many activi_ ties for the enjoyment of members and guests altendine this meeting. Trios to T)isnevland fnllni,..t 1", +^,,.. .lr xuesrs attenGlng Trips to Disneyland, follo,i,ed by tours o"f

The Arra the city for the wives and members, are some of the highlights of the convention. A large attendance is expected and a goodly number of those attending and their w_ives..are expected to make a post-conventi6n trip to Hawaii.