BUSINESS ABROAD: Bicycles from Britain

Outside a busy factory in Birmingham, England last week, "Help Wanted" signs went up for 200 workers. The Hercules Cycle & Motor Co., one of the Big Three of Britain's thriving bicycle industry, was adding a new assembly line to feed the hungry export demand for British bikes. The hungriest customer is the U.S. Before the war, Britain shipped only 4,000 bikes a year to the U.S. This year imports rose to 110,000 during the first four months (usually the slow season). This was too much success for U.S. bikemakers, who demanded a boost in the tariff (now 7½%...

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