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Facts Forum News, Vol. 4, No. 6, June 1955
File 041
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Facts Forum. Facts Forum News, Vol. 4, No. 6, June 1955 - File 041. 1955-06. University of Houston Libraries. University of Houston Digital Library. Web. November 16, 2019. https://digital.lib.uh.edu/collection/1352973/item/1539/show/1510.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Facts Forum. (1955-06). Facts Forum News, Vol. 4, No. 6, June 1955 - File 041. Facts Forum News, 1955-1956. University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/1352973/item/1539/show/1510

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Facts Forum, Facts Forum News, Vol. 4, No. 6, June 1955 - File 041, 1955-06, Facts Forum News, 1955-1956, University of Houston Libraries, accessed November 16, 2019, https://digital.lib.uh.edu/collection/1352973/item/1539/show/1510.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Title Facts Forum News, Vol. 4, No. 6, June 1955
Alternate Title Facts Forum News, Vol. IV, No. 6, June 1955
Series Title Facts Forum News
Creator
  • Facts Forum
Contributor
  • Evans, Medford
Publisher Facts Forum
Date June 1955
Language eng
Subject
  • Anti-communist movements
  • Conservatism
  • Politics and government
  • Hunt, H. L.
Place
  • Dallas, Texas
Genre
  • journals (periodicals)
Type
  • Text
Identifier AP2.F146 v. 4 1955; OCLC: 1352973
Collection
  • University of Houston Libraries
  • Facts Forum News
Rights No Copyright - United States: This item is in the public domain in the United States and may be used freely in the United States. The item may not be in the public domain under the copyright laws of other countries.
Item Description
Title File 041
Transcript Expert's High Rating of Soviet Industry Mi. 'holm's testimony before the Semite Internal Security Subcommittee July ''I. 1954, during hearings on "Strategy unit Tactics of II orld Communism." Gentlemen of the Senate: This subcommittee is dealing with a subject very dear to my heart. I appreciate your invitation to appear before you and I would be very grateful were it possible for me to make even the smallest contribution to your considerations. I note vour chairman's remark during an earlier testimony on June III. thai "the Communist conspiracy in the I nited Slates is only one tentacle ol a world-wide octopus which has as ils principal target lhe United Stales of Vmerica." May 1 suggest lhal one of the other tentacles is the Soviel potential through East-Wesl trade from the Soviet poinl of view. We read aboul ei new treaty nearly 'very eleiv. made by England, France, Italy, Switzerland, Greece, Sweden, Norway countries lhat not long ago thought and feared lhal by now they flight he eet weir with lhe Soviel I nion. lop Real economic commissars in the Gosplan Bureau, which controls the nation's entire economy, back up lhe Soviet Foreign Office, in greeting visii- "ig treaty makers eunl European btlsi- '"s-ini'ii who follow dose behind; such •s the thirty-three British businessmen who recently arrived in special Soviel airline planes. Ibis, of itself, brought aboul lhe lug '-'est burst of Anglo-Soviel business ac- -Photo Cou of WFAA. Dallas Henry J. Taylor is a journalist, economist, author, and radio commentator. His "Your Land and Mine" has been broadcast since 1946. He has contributed to leading periodicals in America and abroad. tivily ever known in lhe Russian capital; directors and technicians of twelve liritish firms negotiating with five Soviel trading agencies. And what these buyers have' found in Moscow has made their eyes pop ve ith w onder. The Official Soviel memorandum they received from Gosplan's Central Sieiiis- tieeil Board listed things now in good supply in the Soviel I nion. Thc list makes amazing and thought-provoking —reading- Oil, iron, manganese ore. gasoline'. kerosene, aluminum, large boilers, diesel engines, roller and ball bearings, syn- —Wide World Photo A Russian blast furnace under construction at a steel plant in Siberia. PACTS FORUM NEWS, June, 1956 thetii rubber, chemicals, dyes—and mountains of wheat and tea. Take' oil, for example. Russia was supposed lei In- pinched for oil. Yet Russia is selling petroleum products freely 10 Finland and two of the British mer- I'heuils were able lo sign a si'rie-s of five contracts to buy three ami ei quarter million dollars" worth of high-grade Russian refined oil products lhe first day they arrived. The British negotiators said they were buying 100 thousand tons eif these products mainly (interestingly enough)' for resale, in European markets. In turn, lhe Gosplan chiefs bought fifty thousand tons of refined sugar from another Britisher, the biggest such sale in more than twenty years. Had she- wished. Russia could have bought this from her satellite stales. Several are exporting sugar. And after lhe contracts were signed lhe British merchant asked the Gosplan man the' equivalent of "How come?" "Trade, not aid," be answered in unsmiling parody of our free-world slogan. The delegation from Paris announced thai Riissiee's huying under a six-months- old French trade agreemenl would now he increased. Greek. Argentine. Swiss. Swedish, Norwegian and Italian dele. geilious have made similar announcements, or ni'w treaties, since Malenkov took over. In Zurich Swiss international bankers estimated lo tne that more, them twenty thousand freight cars of materials from Italy alone have found their way behind the Iron Curtain in recent monlhs. bike lhe hells on the pigeons of myth- ie al Shangri-La, the siren song of Sov iel trade, backed up hy Soviel gold, sounds sweel iii Europe's ears, especially with \merican subsidies emd aid declining. But lhe bells should be ringing nul ee warning. Rigbl now. Russia, buying al high price's, looks good. Beyond lhal. West- Easl trade looks so good (and profitable) thai ii obscures lhe fateful pros peel of what will happen when gianl Russia, already consolitlateil. turns into ,' -. Her of many products Europe makes today. Products, vmi seiv? We laugh at most Russian products we see illustrated; and certainly whal is being handed to Soviel civilians is of mighty low order. But i i ni ii wilh me for a moment lo Finland. 11 weis there I bad my firsl awakening In whal the Russians can produce when they want to. \\ ith three Finnish Army reconnaissance scouts I weis traveling along the 1'age 39 Ui. I
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