CARTELS: The Other Half

The stated policy of the U.S. on cartels is "down with 'em." In the opinion of many a U.S. businessman, this uncompromising attitude is only half a solution. It leaves unsolved the problem of developing a booming postwar trade with cartel-minded nations. Last week, the potent National Foreign Trade Council, Inc., whose 700 members expect to do the bulk of this trading, put out its own solution.

The National Foreign Trade Council, recognizing what many cartels have done to fix prices and control production to the detriment of consumers, would have the U.S. stand firm against cartels in home in dustry....

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