FOREIGN TRADE Chemical Change
In cartel-minded Britain, stolid, well-nosed Lord McGowan, 75-year-old chairman of the billion-dollar, globe-girdling Imperial Chemicals Industries, Ltd., has long been the staunchest champion of gentlemanly agreements which divide the world's markets. But this week. Lord McGowan reversed his field. Imperial Chemicals announced that it would invade the U.S. markets of its great & good friends, Wilmington's E. I. du Pont de Nemours & Co.
One thing that may have caused Lord McGowan to change his mind was the U.S. Department of Justice's suit which is coming up for trial next month. The suit charged that I.C.I, and...
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