INTERNATIONAL: Trade War

Going great guns last week was a full-sized trade war between France and Britain. Repeal in the U. S. was largely to blame. Fighting for a larger share of the newly-established liquor trade, France agreed to accept greatly increased quotas of U. S. apples and pears in return for more wine shipped to the U. S. (TIME, Jan. 1). Anxious as France is to help her vintners, she is still more firmly bound to the quota system and economic self-sufficiency. Hence some other import quotas had to be decreased, and it was...

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