The Washington times., 1938-11-18
Pact Concessions.
ByLOndOn Total
S3OO,OOO,OOO

The newly-signed trade agree
ment between the United States
and the United Kingdom involves
concessions on $675 100000 worth
of commodities.
Great Britain makes conceS-
sions on U. S. imports valued at
$30O000,000 on the basis of 1886
trade of which $200,000,000 ap-
plies to American farm products.
GRAIN AND MEAT
The concessions on American
commodities in detail:
GRAINS - Present duty of 8
cents a bushel is removed. Previ-
ously the existence of this duty
has tended 10 divert British wheat
purchases to Canada and Aus
tralia. Corn, now duty-free, is
guaranteed against imposition OF
duties. The duty on rice is re-
duced from about 2 cents to about
l-3 cents per pound, a provision
which is expected to regain Ameri.
can markets lost when rice was
made free of entry to empire coun-
tries in 1882.
MEATS AND RELATED PROD
UCTS-The 10 per cent duty on
lard is removed. Continued free
entry is guaranteed for chilled or
frozen pork. The American quota
of hams, already on the free list,
was guaranteed not to fall below
a minimum of 56.000,000 pounds,
against quota ranging from Al
to 100000 pounds in 1935-37.
Provision was made for a possible
increase above the $4,000, ,000-
pound minimum after the first
year of the treaty operation.
AUTOS AND TOBACCO
AUTOMOBILES - The agree
nient binds the United Kingdom
against any increase in the present
Guty of 33 l-3 per cent on auto
mobiles of 25 horsepower or up
ward. Pressure was exerted in
Great Britain for an increase in
the existing duty, because of a
flood of imports of low-priced au-
tomobileS from countries other
than the United States.
TOBACCO-The British govern
ment guaranteed that the present
empire preference on unmanufac-
tured tobacco of approximately so
cents per pound will not be in
creased during the life of the
agreement. The British govern
ment undertook to reexamine the
question of import duties on en-
pire and nonempire tobaccos after
August 10, 1912, when the act
OF Parliament establishing the
present preference expires, with a
view to the possibility of reducing
the amount of empire preference,
In favor of American tobaccoS.
COTTON AND FRUIT
COTTON-Long on the free list,
cotton will remain duty-free. Duty
on apples one-third. The United
Kingdom long has been the most
important foreign outlet for Amer
lean fresh apples, absorbing 40
per cent of our total exports.
PEARS-Duty is reduced one
third during the period from Au-
gust through January of the mar
keting year when the bulk of
American shipments are made.
The United Kingdom presently
takes IS per cent of American ex-
ports of pears. On canned pears,
the United Kingdom promises not
to increase duties.
CANNED PEACHES-Bo ound
against duty increases. More than
80 per cent of total United States
canned peaches are consumed in
the United Kingdom.
CANNED APRICOTS - Bound
against increase.
CANNED GRAPEFRUIT-The
United Kingdom abolisheS the
present Is per cent duty. The
United Kingdom absorbs 81 per
cent Of U. S. exports of canned
grapefruit.
CANNED PINEAPPLES-Duty
is reduced 2 per cent.
CANNED ASPARAGUS AND
CORN-Duty is slashed so per
cent.
OYSTERS-Duty is reduced so
per cent.