FOREIGN TRADE: Strait Jacket

All U.S. imports were put in a strait jacket last week. Starting July 2, practically nothing can be imported from anywhere without express authorization of the War Production Board. Primary and only ostensible purpose of the new order was to make sure that no precious shipping space is wasted on imports the U.S. can do without. Secondary but studiously unmentioned result is to give the Government an important new weapon of economic warfare.

In Washington there was not even a whisper about what the new order could do to recalcitrant Argentina. But everyone who wanted to look could see two interesting...

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