FOREIGN TRADE: The Case of the 100 Jeeps

In the seven years since Washington put a ban on the sale of war-useful materials to Iron Curtain countries, there has been many an attempt to evade the embargo, chiefly by foreign firms. Last week Washington revealed the first case involving a major U.S. firm: the Commerce Department had caught Willys-Overland Export Corp. in a deal that landed 100 of its jeeps behind the Iron Curtain.

It began two years ago when the trading firm of Les Fils de Basile Obegi of Syria placed an order with a New York export house for 100...

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