FOREIGN TRADE: Time for Teamwork

The French railroads are in the market for 700 locomotives and 74,300 freight cars. The Indian State Railways plan to spend a billion dollars for postwar repairs and replacements. The Russians have ordered nine gigantic hydroelectric turbines, worth $12,000,000, for reconstruction of the Dnieprostroy power plant. To rehabilitate China (see FOREIGN NEWS) and later industrialize her will cost many billions. These are only a few samples of the post war overseas trade awaiting the reconversion of U.S. industry.

The world demand for U.S. products during the next decade may be greater...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!