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October 20
Daily
Mies Record
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Let's Settle Our Quotas At GATT, Japan to Tell Us
Cable Fairchild News Service®
TOKYO. The Japanese Gov- ernment reply to the United States proposal for bilateral tex- tile talks will take the form of comments stating that the Uni- ted States textile problems should be solved through a multi-nation conference within framework of the General agreement on tariffs and trade and that Japan will accept voluntary controls only if and when 'injury to United States industry is proved by a multi-nation conference, accord- ing to Government sources here.
These sources said this Japanese position was being completed by Minister of International Trade. and Industry Masayoshi Ohira, following a series of inter-agency meeting held last week.
However, the Japanese Govern- ment is undecided on the timing of the transmission of a formal reply to the United States, wait- ing for firmer indications or re- actions from Washington regard- ing United States thinking on the GATT approach, according to
Japanese soures.
These sources said there had been some indications from Uni- ted States officials that the GATT approach was acceptable. Philip Trezise, Assistant Secre- tary of State, took the message from Ohira to Washington, but no firm response has come from United States officials, these sources said.
Sources here said that the Jap- anese reply would not take the form of a 'rejection' to the US proposal.
Sources here said that Hong Kong and Taiwan indicated a Willingness to go along with Jap-
multi-nation conference.
But South Korea is still strongly opposed to both bilateral and multi-nation talks. This was one reason for the delay in the Jap- ancse reply, sources here claimed.
The Japan Chamber of Com- raerce and Industry has passed a resolution calling for the tex- tile issue to be solved through GATT.
Stans for Japan Talks Now, i
By RICHARD C. SIZEMORE
HOT SPRINGS, Va. — Commerce Secretary Maurice Stans wants talks with Japanese officials working toward a bilateral agreement to limit imports of wool and synthetic textiles to get under way before Japanese Prime Minister Sato comes to Washington next month. "I would like to get down to cases before that time," Stans told newsmen here during a meeting of the Business Council.
But if negotiations can't get under way before Sato confers with President Nixon on Okinawa and other matters, Stans said he hopes an understanding meeting the requirements of both countries can be negotiated during Sato's visit.
Under Secretary of State Philip Trazise said a week ago today he thought about 10 days would be a reasonable time for a re- ply from the Japanese on the United States proposal to nego- tiate a bilateral pact.
Stans said the Nixon Adminis- tration has no present plans to recommend any quota legislation to Congress. Whether the Pros- ident would veto any quota leg- islation or not "would depend on the nature of the bill," Stans said.
On other subjects, Stans said that contrary to recent reports, the President is about ready to send his trade bill to Congress, probably some time this month. He said it would be a "fair guess" that the President would ask repeal of the American sell- ing price system.
Stans also said he personally favors a value added tax and
that he has discussed it în “gen- eral terms" with the President, but that this is not now the view of the Administration. The value added tax is under intensive study in the Administration, Stans noted.
Top corporate and Government executives during discussions at this mountain resort over the weekend sighted several harbin- gers for the national economy in the year ahead.
They included an unmistak- able economic downturn begin- ning and seems likely to last at least until mid-1970. No one would predict a recession. But when that ugly word is men- tioned, entanglement in 1970s in- variably follows,
Top Administration officials left little doubt that President Nixon plans a get-tough policy against inflation if Congress falls
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