Salt Lake Telegram | 1935-10-09 | Page 2 | Exporters Plan to Defy American Arms Embargo

Exporters Plan to Defy American Arms Embargo NEW YORK Oct 9 UP UP- UP American exporters will ignore the presidential decree of at neutrality in the Italian Ethiopian war leaders of ot the industry have agreed privately and will accept orders from either of the belligerent ent cut nations The only difference will be that the purchaser of the war materials will be required to arrange his own transportation of shipments President Roosevelt placed an anS S embargo on implements of war and cautioned that Hiat citizens who I entered tran transactions with with either cither Italy or Ethiopia did so at their own risk The exporters who flaunted the presidential order refused to be quoted to prevent embarrassment of their firms A special meeting of the Export Managers' Managers club of New York has been bren called for October Oc Oc- Oc- Oc tober tober 22 22 to discuss new conditions facing facing exporters exporters as a result of the we war r. r Bankers Banker here however are arc inkIng taking taking tak ink ing every every caution to follow the presidential order and protect themselves and their European a agents from loss