CONFIDENTIAL
GUARD
978
112
TO THE FOREIGN AND COMMON-
WEALTH OFFICE
TELEGRAM NUMBER 1133
DATED 10 APRIL 1969.
ONFIDENTIAL
AND GUARD
NEUTRAL
ADDRESSED TO THE F.C.0. TELEGRAM NUMBER 1130 OF 10 APRIL REPEATED FOR INFORMATION TO UKDEL BRUSSELS BRUSSELS THE HAGUE BONN
UKMIS GENEVA BERNE ROME PARIS HONG KONG AND TOKYO.
MY IMMEDIATELY PRECEDING TELEGRAM: MR. STANS AND TEXTILES. AS ALREADY DISCUSSED, THE THRUST OF HIS ARGUMENT IS LIKELY TO BE MR. NIXON'S POLITICAL COMMITMENT. THE FOLLOWING ARGUMENTS ARE
ALSO BEING ADVANCED:
(A) NON-COTTON TEXTILE IMPORTS ARE RISING AT A GEOMETRICAL RATE AND THE IMPORT/EXPORT BALANCE IN TEXTILES IS MOVING INCREASINGLY AGAINST THE UNITED STATES. (BUT TEXTILE IMPORTS ROSE NO FASTER THAN TOTAL IMPORTS EVEN IN 1968. THE LION'S SHARE OF THE INCREASE IN THE TOTAL TEXTILE MARKET IS STILL BEING TAKEN BY RISING DOMESTIC PROD- OCTION SEMICOLON IMPORTS LAST YEAR INCREASED THEIR SHARE BY UNDER ONE PERCENT AND ARE STILL UNDER EIGHT AND A HALF PERCENT OF THE TOTAL BY ALL OBJECTIVE STANDARDS THE U.S. INDUSTRY IS GETTING MORE, NOT LESS PROSPEROUS.)
(B) IMPORTS ARE MUCH HIGHER THAN THE AVERAGE IN SOME SECTORS. (MAYBE, BUT WHAT EVIDENCE IS THERE OF HARM TO THE U.S. INDUSTRY G4 CF. HONG KONG TELEGRAM NO 296.)
64
(C) SECTORS OF INDUSTRY, SMALL FIRMS, ETC., DO NOT SHARE THE GENERAL PROSPERITY. (THE TARIFF COMMISSION REPORT OF JANUARY, 1968, SHOWED THAT THE PRINCIPAL COMPETITION FOR TRADITIONAL PRODUCERS CAME FROM THE DEVELOPMENT OF NEW FIBRES AND OTHER TECHNICAL IN- NOVATIONS WITHIN THE UNITED STATES AND FROM THE CONENTRATION OF U.S. INDUSTRY MUCH MORE THAN FROM IMPORTS. THERE ARE OTHER WAYS OF HELPING UNCOMPETITIVE SECTORS TO MODERNISE OR DIVERSIFY.
/IMPORT
RECEIVED IN
R.GISTRY No.51
30 APR 1969
1116/904|1
CONFIDENTIAL GUARD
f.
RECEIVED IN REGISTRY Nɔ. 45 16 ARR 1969
Mec 13/3