ARGENTINE STAYS OUT OF WHEAT AGREEMENT

Chronicle (Levin), 2 April 1947, Page 5

ARGENTINE STAYS OUT OF WHEAT AGREEMENT

(SiHM-ial 'orrcspoiulfiU. )

LOXDO.N. .Miiri'li 3 1 . Tlio Xcvvs ( 'hrouich', cimiiiUMiting (••liloi inlly upon Argent hui V ret'usal I" join in ihe i ntenmt ioual wlieat agree niciit at pre.sent uiider diseussion ui London, says the reasons for this m dependeiice ara not. far to seck. By reiiiaining outsidc the agreeiuent Ar iientina can do extremely well for itsei. I'or two or tliree years but when eon dilions are stabilis'Ml she may well lin . Iierself witli the ltulk of her wlieat harvest left on her hands. If such a situa tion shouhl arise there would he little -yiapatliy for a eountrv wliieli has so ••yuietilly refnsed eooperation. Tlie wlieat |>a-.-t can and will operate witii ont Argeiitina. A Buenos Aires message says General l'eron has demed that his governnieul is exploitiug the Argentum fariners. 1 1 e said the A r»ent ine (Jovernnient lntyiji" monopnly was foreed upon it hv Ihe inethods of conntries Imying frosn Aigentina. It was not true that the gov emiiient had niade a lot of mone* uiit of recent wheat saies for it used ihe prolits to suhsidise domestic eon smnption. General l'eron said that -i, order to assist shortages in Britain, the Argentine (Jovernnient had authorised ihe Argenline .Meat Producers' ('or poration to send 4300 tons of frozen inntton and I'OOd tons of eoal to Britain whieh previously w:is Argentina's ehief supplier. A British Agrieultural Mission, head ed hv sir William (Javin. has arrived in Bnenos Aires to disenss increased ex poits of British pedigree livestoek and I'ariii nnichinery to the Argenline.