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how different from the cotton problem.
If this was
so then clearly there was a basic difference of opinion.
The U.S. Government believed that the man made fibre
and wool problems were at least as serious as that of
cotton at the time the L.T.A. was negotiated.
As with
cotton, it was possible for suppliers of man made
fibres and wool to get into the trade easily and
quickly change from line to line.
The U.S. Government
was attempting to avoid the kind of situations which
had arisen in the early days of cotton restraints, by
seeking comprehensive bilateral agreements on man made
fibres and wool.
14.
Sir Eugene Melville pointed out that although
the U.S. Government may consider the problems to be the
same, the fact of the matter was that at present cotton
problems could be dealt with in a unique way, that is
by recourse to the Cotton Textiles Arrangement.
of the C.T.A. made it clear that whatever textile
Article 1
problems right arise, only cotton textile problems
could be resolved by use of the internationally agreed
and accepted C.T.A. Unless a similar instrument existed
for wool and man made fibre textiles, then cotton
textiles remained unique and consequently wool and
man-made fibre textiles were different.
/15.
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