TRADE WITH RUSSIA: Is It Time to Re-Examine U.S. Curbs?


ON one big commercial question—trade with Russia and her satellites—the U.S. and her allies are sharply split. Last week the split widened. Commerce Secretary Sinclair Weeks, with the backing of the Pentagon, refused to okay a deal between Texas' Dresser Industries, Inc. and the Soviet Ministry of Trade. Dresser wanted to import what it called a revolutionary turbine oil-well drill developed by Russian engineers. In return it would agree to ship the Russians some of its own rotary rock drill bits, instruct them in their use. But Commerce, State and Defense Department experts decided that Dresser would...

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