Growing Interest in East-West Trade
Big Sales of Western Wheat to Communists
Consent of the administration to sale of possibly $250 million worth of surplus wheat to the Soviet Union, expected shortly though not yet officially announced, may well foreshadow early review of the whole system of controls now governing American trade with Communist countries. The possibility of modifying the restrictions, which have held commercial interchanges with the Soviet Union and its satellites to minimal amounts, has received growing attention since signature of the limited test-ban treaty began to ease cold war tensions. Modification became a matter of immediate interest in mid-September when Canada announced that it had agreed to sell $500 million worth of wheat to the Russians.1
The Canadian-Russian transaction, largest ever negotiated for shipments ...