GOVERNMENT: Free-Trade Victory

Free-traders won a victory last week that brought happy news to Japanese makers of stainless-steel flatware (TIME, March 3). Though the Japanese captured a big chunk of the U.S. market last year, President Eisenhower rejected a Tariff Commission recommendation for sharp duty boosts that would have raised prices of the Japanese ware in the U.S. by an average 35%, might have kept it out entirely. Instead, the President accepted Japan's promise to hold exports to the U.S. this year to the 1956 level of 5.9 million dozen pieces (v. 7.5 million dozen in 1957). But he warned that he...

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