Document a1eEYYz9X2Jn0qpnrd9w4wDrB

DownloadRandom document
Me?: ^yppTtfnjytr ,'vc`rrT','jrj April 17, 134" -eeting of the Executive Commit-.e-"5 of the Lead Indus tries Association ::a: held or. Tuesday, Arril 17, 1945, rt 12:70 OM Pi ^ J'..tpr<-. --^ *r r t .Mi*V-- D T? TT C r '7 m REPRESENTING C. H. Crr'r.-, ''hai rrr-n F. !. F.ro-nell ?. ?.r. Rockveil F. F. O'^V'C'T"' St. Joseph Lead Company American Smeltir.r B refining Co. National Lead Company TTnltfrC nc-finin7 -ninr Co. T>^o. C. Frc/ncll Gla a s H. Schaefer tr y P-iv-nr- '< t_"-priern Smelti'"'?: Anaconda Sales Company Fthyl Corporation Natlon. 1 Lear Cenr ny St. Joseph Le-r Comer nv (y one r* ' ' ** F. r. '."ornser, "ecretary-Trearur-'r ir.~ v t s cr.ll-d to order v/ith Mr. Clinton H. Cram .vere a o~ . non rr-vious meeting of January l.r , 19-5, nucpyTmr-'.ji rep o t j ' T1or,j^^ ACCCUNT mv, e tached resolution. Exhibit "A," establishing a Austria. ann Account at the Chase National Bank, for securities the Lead In: trios Association, was adopted. RENEWAL OF TP-AFE AGREEMENTS ACT The Chairman oreser.ted a draft of a statement prepared for submission tc th- Committee on "'r.vs and Yeans, opposing H.R. no the renev::-1 of the reciprocal Trace Agreements Act. The Secretary recorded receipt of the following tele cram, which was received from Yr. L. F. Hanley, member of the Executive Committee: nApprove statement reciprocal trade agreement and urce adoption. LI AC ?tAt With a fev corrections the draft was approved, ; ter copy which is attached as Exhibit "E," and the president au thorised tc submit to to the Ways and Means Committee either *-> (-i-o 3 tj. 3w V- w v* W _i_ * VbiUJl. -- < ihetino Minutes Aoril 17, 194F ro REVISION OF FFDFRAL TRADE COMMISSION ACT ____ ! 1*1 Secretory retorted that he had noted th~ introduc- ion of H. P.. 2?90 to amend the Federal Trade Commission Act, ppi S* 1 P. t 1 ^ P th-- curr*nt status of the "'irv i c r 1 m rby it act: comtlainant, prosecutor and --> ' ' i*rd t'-v t h? p p v p s F i rn t in r- q ^ ^ ^ r- ^ p sip-- il'icr o h ? Q rn & n c* -I - r o ^t mp LIFTCATl^il OF ?iA?njFACTURFr LEAD STATISTICS The S'" ere4- ` ry called - tt*rtion to a duolic" ticn in the tatistic? 1 service no?; sutalie^ ry the Association, on ^h mnir c Lp ''^ >y*i- ^n r ^ apd t p s ^ n 1m d. in Fov^s C-1 y i? me and Forms M-l to w-7 inclusive as follows: C-l - Mixed Met-Is ana Ar.timonial Lead Drocucts C-f - Lead -= arK} Fxtrucec Products, Lead Fittinss and Sheet Lead C-7 - Lead Sundries and ?a p Lead in Retail L-~ts '.'-1 - Solder M-0 - Ar.timor.ial Lead -rocucts ---- rn\~'r'. a 7 * c "t, X r, pp :v^r'Dp)C'i op TjPop 1'^.r _ " >0 T?]ppr< ^; _ ~ _ V ^ ") p r: t- o " n f o ^ v* n p 2.r' `7^ 'mi ? T o 2. ^ n'VZ ^ ' 1 C 13 IT " -^1, f-eovr-rr a n d CARRIED that the -f and C-7 he - iscontinv.ed and that Forms M-l to ive, be continued. T-iepr.'^T'p SC0pF OF ?HID Tn.P ucrftr w 24",- np "^sd o p p h c u p Pine dv cicnr?.!!1 rr.inirr o2;p~imps n s^ *t,F Lj^^d Tv>d.,'.'ic -- vie? 32p cint)i^n c v rrp^* i^nnmi 11 p *t prodncc:"r`"' r*. 2/ t *" tivr-lTf s v p II 2 v-v conld p o F minimum fe- ^f *100, '-rut -ho, nevertheless, t'ished t^ cay their share in suocortin? the work of the Association which thy felt vas directly beneficial to their ccerations. The Seer-- tary v- s authorised to make an investigation to see on what basis, satisfactory to these miners, th Association could reciv their suooort and retort at a later me-'-tinm. y.- t j ? C 4 Oil pr' ^ ^ : 00 ?, ct n w o Secretary CORPORATE CUSTODIAN ACCOUNT OF THE CHASE NATIONAL BANK OF THE CITY OF NEW YORK. NEW YORK, NEW YORK. Dear Sirs: I, as Secretary of, * c r* ' +* n '-/r' a corporatea- jjuly. prganizfd iryj existing under the laws of_ hereby on behalf of said Corporation, to open and maintain a custody account in the name of said "Corporaffarn subject to the terms and provisions of the resolutions hereinafter set forth, to all of which you agree by your acceptance hereof. r Yflpn 4 ' yp I jierel^c^m^y.that at a meeting of the. ~ '4 " * of this Corperetiofl duly and regularly convened on the____________________ day ofL 1 19_ at which a quorum for the transaction of business was present and voting throughout, the following resolutions were duly and regularly adopted, are still in full force and effect, and appear as follows in the minutes of said meeting: RESOLVED, that The Chase National Bank of the City of New Yorjc (hereinafter called the "Bank") be and it hereby is designated a depositary of this corpotauotf(hereinafter called the "CrpotzOM'1);that the Secretary of the Corporation be and hereby is authorized to sign and deliver the Bank's form of custody letter requesting the Bank, and the Bank by its acceptance noted thereon shall be deemed to have agreed, to open and maintain a custody account (hereinafter called the "Account") in the name of the Corporation, bnd to hold and receive in the Account all such moneys (not subject to check), stocks, bonds, other securities and other property as shall be deposited with and accepted by the Bank, subject to the following terms and provisions: (1) The Bank shall receive for deposit (subject to its right of acceptance ot rejection), hold, and deliver any or all such moneys, stocks, bonds, other securities and other property pursuant to the instructions of the Corporation-. As used in these resolutions, the "instructions of the Corporation" shall mean (a) instructions in writing signed on behalf of the Corporation by the following officers*, who are hereby authorized to give such instructions ^ P O'' F.cc* - i-- J r:cc Dre3ident O T*T^ C 0 r1 a r* r o t rv-Tre3surer (b) instructions transmitted to the Bank by telegraph^cable^or radio in dpher according to a cipher key previously agreed upon by the Bank and the 6orpdf*BoQ;The use of such dpher in any telegraph, cable or radio communication relating to the account to be accepted by the Bank as condusive evidence of the authenticity thereof. The Bank shall incur no liabihre yr accountability what soever by reason of its acting thereon without further inquiry and the-Corpriwfftjnxgrees to indemnify and save harmless the Bank from and against any and all loss, damage, liability and claims whatsoever arising by reason of any wrongful use of such dpher or dpher key as aforesaid. Ass An.. Instructions of the 'otpof*aeor induding (without limitation) instructions for the purchase or sale of securities and other property, shall, unless they shall otherwise provide, remain in force until revoked or cancelled by further instructions of the CospencioB- received by the Bank. Ass'n. (2) The Account and the Agreement evidenced by said custody letter shall terminate: (a) upflmdfljvery by the Bank of all property in the Account in accordance with the instructions of the Gefp&uKie&f ind the Bank shall make such delivery in accordance with such instructions, pro vided, however, that it is fully protected by the compliance of the Gerparaji^ry with all applicable provisions of law and of governmental regulations issued thereunder, . LI AC2f9 * Insert names and titles of authorized officers, indicating whether authority is single ot joint. .* S ? O ^ ^ i - y~ (b) upondays' notice given by the Bank to the Gerponcin by registered mail. * v " v-' If the Corporation shall foill fordays after the mailing of notice of termination of the Account, to accept delivery of and receive the property then in the Account the Bank is hereby authorized to deliver the same by registered mail insured for its then market value as determined by the Bank in its discretion to the Corporation at the address of record, and, when such property has been mailed as aforesaid, the Bank shall have no further accountability or responsibility therefor or in respect thereof. The cost of mailing and insurance and any taxes or reserves for taxes required in connection with such delivery may be withheld by the Bank and charged to the Account. (3) The Bank is hereby authorized and empowered to collect (a) all cash representing income becoming due and payable, and (b) all cash representing principal realizable through sales, redemptions, maturities or otherwise in respect of property in the Account, and to make disposition thereof as follows : - 53^ 'r ^n INCOME ) PRINCIPAL ( Credit the checking account of the-Corporation at______ " "P v* ^ INCOME 1 PRINCIPAL J Remit to the Corporation periodically on_ r rp" INCOME ) PRINCIPAL f Hold in its Trust Department subject to the instructions of the Corporation (not subject to withdrawal by draft or check) All sums collected or received by the Bank in respect of property in the Account, except payments in respect of sales or at maturity or upon redemption or liquidation of securities, shall be regarded by the Bank as income for the purposes hereof. (4) The Bank is hereby authorized and empowered to exchange stocks, bonds or other securities in temporary form for like securities in definitive form when and os such securities in definitive form are ready for delivery, and to surrender stocks and bonds or other securities ar marurity or when called for redemption upon receiving proper payment therefor; provided, in the case of redemption of securities, that notice of such redemp tion shall have been published in a recognized financial service, or given in accordance with the provisions of the securities redeemed relating to notice of redemption and received by the Bank. (5) The Bank is hereby authorized and empowered to execute in the name and on behalf of the Cuipu-~ -ration-all such ownership or other certificates required in connection with the collection of income under any applicable tax laws or regulations now or hereafter in effect. (6) The Bank is hereby authorized to hold stocks, bonds or other securities ordinarily registered; __JL__In the name ofthe -SSOCiatiCT In the name of the Bank's nominee or nominees provided, however, that bonds shall be registered,only if in registered form when received by the Bank, or in accordance with the instructions of the at any time, imy. securities in the Account shall be registered in the name of the nominee or nominees of the Bank, the GtaqS&faaatt hereby agrees to indemnify and save harmless the Bank and such nominee or nominees from any liability as a record holder thereof. The Bank may refuse to permit any partic ular stocks, bonds or other securities to be registered in the name of its nominee or nominees or may at any time in its discretion without notice to the Gbfp^tauod transfer or cause to be traas^trrqdySny securities in the Account from the name of its nominee or nominees to the name of the Corporation. The Bank is hereby authorized to charge to the Account taxes and other expenses incidental to any transfer to or from the name of its nominee or nominees. (7) The Gerperenon hereby agrees to pay to the Bank os compensation for its services in connection with the Account a fee computed in accordance with the schedule of fees submitted at this meeting, which schedule of fees is hereby approved and directed to be marked for identification and filed with the records of the Corporation; and the Bonk is hereby authorized and empowered to charge the Account with the amount * S-OC" "ir of its fee semi-annually onand LI AC?69 (8) The Bulk assumes and undertakes,frd^rw^nsibility in respect of the securities and other property held in the Account for any loss to the Corporation fesuldng from theft or embezzlement or the negligence of any of the Bank's employees, servants or agents, but the Bank shall not be in any way liable or accountable for or in respea of any loss resulting from the payment from the Account of any tax or impost asserted thereagainst by any state or sovereignty, ot from execution, distraint, attachment or other process, or from military or usurped powers, not or civil commotion, earthquake or convulsion of nature. (9) The Bank is hereby authorized and empowered, whenever it may deem it expedient to do so by reason of any circumstance affecting the Account, to consult with its counsel in respect of the Account and to retain counsel and appear in any action, suit or proceeding affecting the Account or any of the property held therein to which tfre _Baryk may be made a party, and all attorneys' and counsel fees so incurred shall be for the account of the Corporation-and the Bank shall charge the amount of such fees to the Account. The Bank shall not be under any obligation to defend or engage in any legal proceedings with respect to the Account ot with respect to any of the property held therein unless fully indemnified to its satisfaction. (10) Special provisions: (11) The Corporation hereby agrees that any notice or other communication from the Bank relating to the Account shall be sufficiently given and shall be binding upon the Corporation If delivered by messenger or mailed postage prepaid addressed to the Corpomrotrar the address of record. The first address of record shall be: ' p r -i - t TrrriCT'pTTTC ^ 7 C n c T rn T (NAME Or CORPORATION) -Tt rt'ir kvp-r".* (a d d r e s s ) 'lev Y vY. I", N.Y. (c it y a n o s t a t e ) . ., - , a ^ ,, pi The address of record shall be subject to change from time to time only upon the instructions of the Corporation. RSQ{,YEPt,thar the Secretary be and he hereby is direaed to certify to the Bank the names of the present officers of the Corpritaridfi "and their respective signatures; and in case of any change of any holder of any such office, the fan of such change and the name of any new officer and the office held by him, together with specimens of his signature; and the Bank is hereby authorized to honor any instructions signed by any new officer or officers in respect of whom it has received any such certificate or certificates with the same force and effect as if said officer or officers were named in the foregoing resolutions in the place of any person or persons with the same dtle or titles. RESOLVED, that the Secretary be and he hereby is authorized and directed to notify the Bank promptly in writing of any change in these resolutions as well as of any change of officers as aforesaid, and that until the Bank has actually received such notice of any such change, the Bank is hereby authorized and direaed to act in pursuance of these resolu tions and the latest certificates theretofore received by it; and the Bank shall be indemnified and saved harmless from any loss suffered or liability incurred by it in so acting, even though these resolutions or such officers may have been changed. RESOLVED, that the Secretary be and he hereby is authorized and direaed to certify these resolutions to the Bank. LI AC270C Ir 1 hereby further certify that the foregoing resolutions are not contrary to any provisions in the Charter or By-Laws of this Corporawear ` s.tt'-'n / ation I hereby further certify that the following are now duly elected and qualified officers of this Corporation holding the offices set opposite their respective names, and that the signatures set opposite their respective names are their respective signatures *: NAME OFFICE BIONATURE c 1 J ~ v TT "3 [) PBFRIOFNT IT # # .,-V, -j 1 1 v ic e pprsmFNT T ^..0 ' / ' ^ ^ 1 VICE PSKSinENT - ... t - 1 ' ^ c ^ TREASURER 'i SF.CHET ARY . ASSISTANT TREASURER ' c c- ^ c 'r ASSISTANT SECRETARY AsFr'cir'^"`'ci IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Corporate Seal of this Corpora- -tiotr thisday of, 19 ~. (CORPORATE SEAL) SECRETARY _________________________________________________________________________________________ OTHER OFFICER* ACCEPTED: THE CHASE NATIONAL BANK OF THE CITY OF NEW YORK SIGNATURE TITLE LIAC??01 * NOTE: Furnish names and signatures of officers authorized to sign instructions of the Corporation. If the Secretary is himself authorized to sign, the above custody letter must be signed by a second officer of the Corporation. LiaAL >-40 A Executive Ceonittaa Meeting Minutea Exhibit "B April 17,1945 STATEMENT OF THE LEAD INDUSTRIES ASSOCIATION TO THE COMMITTEE ON WAYS AND MEANS HOUSE OF REPRESENTATIVES WASHINGTON, D. C. ON EXTENSION OF RECIPROCAL TRADE AGREEMENTS ACT H. R. 2652 The Lead Industries Association, representing practically the entire lead mining industry in the United States; also representing manufacturers of metallic products such as sheet lead, pipe, type metal, babbitt, solder, cable lead, and other lead alloys; and the manufacture of tetraethyl lead and all the lead pigments in the United States, such as white lead, red lead and litharge, respectfully requests the Congress not to delegate to the President the power to make a further cut of 50 per cent in the rates of duty prevailing on January 1, 1945, as provided for in H.R. 2652, and to limit any extension of the Act to a period of one year. Our reasons are as follows: 1. The Trade Agreement with Mexioo has reduoed the duty for the duration on lead by 50 per cent, a reduction whioh was extended to all countries, notably, Canada, Peru, Australia and Argentina under our "most-favored nation" policy. This reduction was intended for the duration as noted in the following statement of the State Department of December 25, 1942, which refers to the Mexican Trade Agreement: "The existing duties on lead are 1 l/2 cents per pound on lead content for ores, matte, and flue dust, and 2 l/8 centa per pound for lead in bullion, pigs, dross, and other forms. These rates are reduced by 50 per oent in the agree ment with Mexioo, to 5/4 cents per pound and 1 l/l6 oents per pound, respectively, for the period ending 50 days after termination of the national emergency proclaimed May 27, 1941. Thereafter the rates viy be 1 1/5 oents per pound on ores, matte, and flue dust, and 1 7/l0 oents per pound on lead in other forms*" The language of Sec. 2 of HR 2652 as now drawn oould be interpreted to make permanent the 50 per oent reduotion which now exists and whioh was N 661.02 LIA0270? z established as a temporary rate by the Stato Department itsoIf* HR 2652 would go even further and delegato to the Erocutive Branch power to make a further cut of 50 per cent of this allegedly "temporary" rate* Unless provision is made to eliminate Sec. 2, or to olarity HI 2652, the lead industry will face, after the war, and without any hearing on the subject, an established reduction of W per cent, and a possible reduction of 75 per oent, as oompared to the expectation of a rate 20 per oent be low the 1930 irate* 2* It is apparent that our Industry receives little or no protection from the existing duty ~of 1 1/16 cents per "pound, as has been clearly established by events during the past two" or three years, as follows: In the year 1944, it required an approximate average price of 8 l/4 cents per pound to bring out a production of 400,000 tons of lead in the United States* Our Government had to adopt a system of subsidising American lead mines in order to obtain the lead necessary for prosecuting the war. We estimate that less than 200,000 tons oould have been produced at the ceiling price of 6 l/2 cents per pound* At the same time the Mexican, Canadian and Australian producers were supplying large tonnages of lead to the United States or Great Britain at approximately the following prices (which are expressed on a delivered New York basis of cents per pound for ready comparison): Mexican producers 6 cents per pound - early 1944 6 l/2 oent 8 per pound - late 1944 Canadian and Australian producers 5 cents per pound, or less United States producers 8 l/4 cents per pound 3* In each oase the Government authorities concerned, whether in the United States or in the above listed oountries, after eareful investigation, have established the price necessary to bring out the needed lead. It will be noted that the price received by American mines has exceeded the price paid Mexican producers by about 2 cents per pound, and has exoeeded the Canadian and Australian prioo by over 3 oents per poind. This furnishes a reliable gage for comparing posts cf production in the Unitod Stages and in foreign oounirics* 4* It is apparently the intention of the Ubited Bations to destroy Germany *s heavy industry as one of the methods for demilitarisa tion. Should Germany*s heavy industry be destroyed, it would mean that Germany, which used 226,000 to 275,000 tons of lead yearly before the war, would only be oounted on for a small fraction of its prewar requirements* 5* The United States dollar is in suoh demand today that all foreign producers of metals are most anxious to sell for dollars and not for pounds, franos, pesetas, rubles, eto. 6* . Although the trade treaty with Mexioo has reduoed the lead tariff to only 1 l/l6 cents per pound, the differenoe between what our mines have received with the add of premium prices wnd what the Mexican IIA03703 ?5t miner is receiving, is equivalent to the old duty of 2 l/B cents per pound# so that our miners have not yet felt the depressing effeot of the 1 1/16 C cents perpund duty, Even without any further out, it is doubtful whether more than half of the miners in the United States oan be employed in competition with lead ooming from Mexico, Canada, Peru, Argentina and Australia, espeoially if shipments to Europe will be curtailed owing to Gcnnany's demise* 7. Lead is a metal of the hl&ost strategic importance in war time. In aanun.ition, storage batteries, cablos, gasoline, bearings a!n3" dozens of other applications it 1b militarily indispensable. Prom the standpoint of military security nothing should be done to impair the ability of this oountry to remain the world's prinoipal lead producing country* If the United States lead mines are forced to elose down due to forei^i competition, there is no assurance of reviving an mhealthy or dead industry at a critical hour* 8* There are undoubtedly large reserves of lead whioh await discovery in the United States but can only 'be found Ij? a healthy lead mining industry continues to exist mder the proteotion of an adequate tariff. 9. The lead mining, smelting and refining, and manufacturing industry has no reconversion problems of serious oonsequenoe* It is ready and anxious to play an important part in resuming and providing peacetime employment for returning veterans and contributing to the necessary large pool of postwar jobs. 10. Lead in peacetime has moved freely in international trade and is, therefore, sensitive in it6 movements to variations in oost of production and fluctuations in the market price. World commerce in all products will be in a disturbed condition after the dose of the war. At this time it is impossible to foresoe postwar commercial relationships among countries, especially as affected by variations in foreign exchange rates. Relationships in foreign exchange Have ihe effect of1 tariffs* Under existing conditions, therefore, it is especially desirable not to make any changes in the tariff rate* during the immediate postwar period* CONCLUSION In view of the above the lead industry has no ohoica but bo oppose the renewal of the Trade Agreements Aot in its present form, HR 2662 and respectfully requests the Committee on Ways and Means to modify it as follows: 1, To limit the renewal of the Aot to a period of one year from its expiration date of Jine 12, 1945. 2. To eliminate entirely See, 2 of HR 2652 permitting changes in duties as of January 1 194S, as it is inappropriate for the lead sohsdules by reason of the Mexican Trade Agreement, and because the tariff outs authorised would be ruinous -to the lead industry. Respectfully submitted, CLINTON h. CHANS President. l ia C270^ Note: Supplementary statistical information on the lead mining industry in support of our position follows: ' LEAD STATISTICS Supplemental statistical information about the lead mining industry will be found guzsn&rlced as follows: OCCURRENCE: Lead is found in many States and in Alaska. In detail the following States have an important interest in the tariff policy of our Government on lead by possessing commercial mineral deposits furnishing a livelihood to thousands of people and adding constantly to the wealth of the country: Arizona Idaho New Mexico Washington Kentuoky Oklahoma Tennessee California Montana Texas Arkansas Kansas Wisconsin Virginia Colorado Nevada Utah Illinois Missouri New York North Carolina In the aggregate these states produced a total amount of lead as shown in the extreme right hand column of the table be low. IMPORTS COMPARED WITH PRODUCTION: Before the war lead consumption and supply were almost in 'balance and imports comparatively light but as tho following table indicates, huge imports of lead have taken place during the war* COMPARATIVE DOMESTIC MINE PRODUCT ION AND IMPORTS OF LEAD* (In Short tons) IMPORTS PRODUCTION Year Lead in Ore and Matte Lead in Base Bullion 1955 1956 1957 1938 1939 2Q.OOO 2Q,700 34,100 45,400 3Q,*>0 2,700 500 1,800 15,300 48,900 1940 1941 1942 1945 1944 111,500 107,000 123,000 70,000 90,000 19,600 - .m m Pigs, Bars, Sheets, and Scrap 1,500 2,600 4,900 3,200 7,100 m,6oo 274,000 569,000 245,000 220,000 Total Lead Content 24,000 25,600 40,800 63,900 86,800 282,000 581,000 92,000 313,000 310,000 Domestio Mines 331,000 373,000 465,000 370,000 410,000 457,000 461,000 496,000 446,000 417,000 *Dept. of Conneroe and War Production Board. Ll&0 ^ 6m Lead imports hare 'been most welcome in wartime, but we must remember that they have also enabled foreign countries to keep their lead mines operating* In fact, more lead has been imported in the last five years into the United States than entered the Itaited States in the preceding fifteen years# These purchases have been most generous to foreign producers# COMPARATIVE WAGE RATES; The tariff Issue narrows down principally To an equalisation of competitive wage rates# The wage soale for miners today in countries south of the border is only about onefifth of what it is in the United States. Although to be sure, productivity of Aster loan labor may be higher than elsewhere in the world, it is obviously not possible for one American miner to out produce five workers south of tiie border# Our labor saving machinery Is readily available to foreign producers* CHARACTER OF IEAD ORE DEPOSITS: Another factor is, of course, Jthe difference in the character of the lead deposits that nature has plaoed in various parts of the world. The very fact that Canady, for example, can produce lead today profitably at a price which is far below our crwn is predicated in large measure upon a richer ore deposit. WORLD CONSUMPTION OF LEAD: As estimated from available statistics covering the "three years immediately preceding the world war, as shown in the table below, the relative rank of the important lead consuming nations was as followsj 1# United States 2# Great Britain 5# Germany .4# Japan 5# France Russia The heavy German consumption of lead is noteworthy. LIA0270fc 1* 6 HtE-WAR WORLD lAD CONSUMPTION* l In Short /ons) 1932 1933 1934 1935 1936 1937 1938 United States Canada Other America TOTAL AidERICA 276,000 14,900 17,100 $08,000 313,000 15,600 14,300 342,900 333,000 17,900 18 700 $69,600 389,000 20,500 21,000 430,500 490,000 23,000 22,100 557^7j o 540,000 2S,300 23 ,400 "5es,65'o 400,000 23,000 24^800 44/,800 Austria Belgium Czechoslavakia Denmark Prance Germany Great Britain Hungary Italy Netherlands Poland Russia Spain Sweden Switzerland Yugoslavia O-'-her Europe TOTAL EUROPE 5,300 37,500 11,700 (a) 133,800 135,400 248,000 (a) 44,000 20,600 (a) 54,000 22,000 9,800 15,500 6,400 27 ,600 T7T,ii'6 3 ,600 38,600 12,300 8,200 153,500 152,500 302,000 3,600 36,700 24,200 8,800 33,100 17,100 11,000 14,800 2,200 14,300 18 6,5<56 3,500 49,600 10,800 8,800 127,800 176,000 368,000 6,800 52,900 26,400 8,300 50,600 19,300 15,000 16,300 2,200 18,100 35,900 5,100 44,200 16,500 10,600 100,300 190,000 366,500 6,700 73,100 20,900 9,500 74,300 25,800 17,900 13,800 1,300 17,600 94,100 4,500 49,500 16,300 7,700 104,000 228,000 387,000 5,200 49,900 23,500 10,700 88,200 16,500 18,200 8,300 2,200 18,200 1,&7,900 7,300 49,500 20,900 9,900 118,200 259,000 382'OOO 6,700 55,500 25,900 13,200 106,900 16,500 21,300 10,200 2,200 24,200 1,725,4$ 17,000 38,600 19*600 7,400 95,000 2 75,000 425,500 8,400 57,200 39,600 15,300 99,200 22,100 2 7,*800 10,900 2,200 27,600 T^5e;4M Japan India Other Asia TOTAL ASIA 68,200 (b) 20,900 81,000 7,900 11,000 i7557 112,000 8,800 11,000 I3T,<5 107,700 9,900 12.100 TTSJTBB 115,000 6,600 13,200 TSlfgOo' 132,000 8,800 13,20G TM.aoa 110,000 8,200 16^000 TST.iOS Africa 4,400 4,400 4,400 4,400 5,500 6,600 6,600 Australia AN. Zealand 14,300 15.700 18.600 23.900 25,200 26,900 28,000 'TOTAL EX. U.S.A. 911,400 996,400 1,150,300 1,193,600 1,24^500 1,366,600 1,405,200 GRAND TOTAL' 1,187,400 1,299,400 1,483,500 1,532,600 1,73^500 1,936,6 00 1,835,200 * A.B.M. S. (a) Included in "Other Europe (b) Included in "Other Asia." o LIA027C7