Many millions of dollars worth of U.S.-made strategic items slip behind the Iron Curtain each year. For some the Reds will pay three times the current U.S. price.
Early last year the West German firm of Peter Meyns bought sodium bichromate and potassium bichromate (used in tanning leather) and paraffin wax from the U.S., had the chemicals shipped to West Germany. The Glasgow firm of Arbuckle, Smith & Co., a topnotch forwarding outfit which ships most of the Scotch whisky to the U.S., then stepped in and bought the consignment. Shortly afterward, the...
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