SINATOR
SAM ERVIN
SAYS
☆
Foreign trade policy brought
on much controversy in the
closing days of the last
Congress, but, unfortunately, no
agreement was reached on a
bill that would have curbed
textile imports.
Since then the North Carolina
textile industry has struggled to
live with our unrealistic trade
policies, but first quarter
earnings this year were down
and in many instances profits
became losses. Several leading
companies have laid off sub
stantial numbers of employees
and prospects are dim that the
situation will improve soon. The
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REAL ESTA1E TRANSFERS
chief cause, as has been the
case since about 1958, is the
importation of Japanese and
Hong Kong made goods and
their takeover of the domestic
market.
Even the world’s largest
textile firm, Burlington In
dustries, has been seriously
affected by the chaotic con
dition of the textile market.
Burlington’s President, Ely R.
Callaway, Jr., recently testified
before thfe Senate Sub
committee on International
TVade and painted this bleak
picture: ". .thegreat disparity
between wage rates and
working conditions throughout
the world tends to make the U.
S. the ‘dumping ground’ for
goods which are produced
abroad under conditions that
are illegal in the U. S.’’
He pointed to a competitive
factor often ignored by many
‘‘free traders,’’ and that is that
‘‘Japan is the most highly
protected market in the world.
As a consequence, Japan often
sells products to its own people
at considerably higher prices
than they sell the same or
similar products to
Americans.’’ I would add that
these goods are no bargain
because they are being bought
at the price of thousands of
American jobs at a time when
our economy is already
straining to meet its
obligations.
A new trade bUl has been
introduced by House Ways and
Means Committee Chairman
Wilbur Mills, but it is now
dormant in the Committee to
allow time for Ambassador
David Kennedy’s trade mission
to gain some concessions from
the textile-producing nations of
the Far East. Reports coming in
on the Kennedy talks, however,
indicate that nothing much has
happened yet. The truth of the
matter is that our trade policies
have all too often been geared to
the granting of extra con
cessions to other nations to keep
them friendly and very rarely
have our negotiators laid down
sensible terms for trade with
these countries.
In the last 13 years, U. S.
textile imports have increased
at a fatastic rate while our
textilq exports have remained
virtually at the same level. By
the end of the 1970, the full tide
began to run against us and we
were running a $1.6 billion trade
deficit.
Etta R. Ebom to James L.
Ebom and wife, Ann I. Eborn.
Property in No. 6 Township.
R. L. Williams and wife,
Margarets. Williams, to Martin
J. Slebodnick and wife, Susanne
Y. Slebodnick. Property in No. 6
Township.
Charles R. Hand and wife,
Mary C. Hand, to Charles
William Edwards and wife,
Sandra T. Edwards. Property in
No. 6 Township.
0. E. Dorsett to William Earl
Folcher. Property on Purifoy
Board.
Etta R. Ebom to Hugh C.
Eborn, Jr., and wife, Elizabeth
I. Eborn. Property in No. 6
Township.
Doris Ricks Rasberry to Leo
Charles Ricks, Sr. Property in
Dover.
Johnie .Dewey to Bettie Ruth
Burden. Property on Cedar
street.
James Herbert Broughton
and wife, Ingrid C. Broughton,
to Lonnie E. Pridgen, Jr., and
T. A. Karam. Property in
Southgate.
Lonnie E. Pridgen, Jr., and
wife, Shirley T. FTidgen; T. A.
Karam and wife, Marion E.
Karam, to Paul W. Crayton and
wife, Flossie D. Crayton.
Property in Fox Hollow.
YTilliam R. Clark and wife,
Joan L. Clark, to Paul W.
Crayton and wife, Flossie D.
Crayton. Property in No. 6
Township.
Havelock Development
Corporation to Paul W. Crayton
and wife, Flossie D. Crayton.
Property in Westbrooke.
Daniel M. Roberts, III, and
wife, Octavia Ashford Roberts,
to Melvin E. Lawson and wife,
Betty R. Lawson. Property in
Country Qub Hills.
All of these matters are of
immense concern to American
textUes, and its employees, as it
attempts to deal with policies
which severely hamper the
ability to sell it’s products on
our own domestic market.
President Nixon, when he was a
candidate for office in 1968,
promised to ‘‘seek international
trade agreements to contain
rising imports of textiles.’’ It
would be well if the Ad
ministration would now take
realistic steps to allow our
textile industry to survive.
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Wallace J. Conner and wife,
Gaynelle S. Conner, to Jack M.
Dizney and wife Ethel M.
Dizney. Property in No. 6
Township.
Selby L. Hawley and wife, Jo
Ann B. Hawley, to Branch
Banking and Trust Company.
Property on Forest Drive.
Arthur Hamilton, Jr., and
wife, Genevia Hamilton, to
William Henry Franklin, Jr.,
and wife, Bessie H. Franklin.
Property in Pembroke.
S. Clyde Baker and wife,
Mary N. Baker, to Richard J.
Morley and wife, Ann F.
Morley. Property in No. 6
Township.
Donald E. Johnson, as Ad
ministrator of Veterans Affairs,
to Harrison Lewis and wife,
Mary E. Lewis. Property on
First avenue.
Lillian Harris Bryant to
Albert Hill to Lillian Harris
Bryant. Property on Biddle
Street.
Henry Ipock to Henry Ipock
and wife, Judy C. Ipock.
Property in No. 1 Township.
Raymond V. Henderson and
wife, Retha S. Henderson;
Horace G. Morris and wife.
Hazel S. Morris, to David
Steven Campbell and wife,
Theda Delisle Campbell.
Property in No. 7 Township.
Arthur K. Deal and wife,
Pamela M. Deal, to Gerald M.
Armstrong and wife, Betty S.
Armstrong. Property in No. 7
Township.
Wiliiam Keith Pearson and
wife, Geraldine H. Pearson, to
J. Frank Efird and wife,
Margaret M. Efird. Property in
North Hiils.
Aiton Gene Newby and vvife,
Naomi Gamer Newby, to Cecil
W. Harrell and wife, Shelby C.
Harrell. Property in No. 5
Township.
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