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Show 'tAfrSd IFireeir . extremely hard to change. So is the parity of a currency. As a result, there is a buht-i- a tender cy for imbalance to he said. continue too long, . trade and international moneire negotiation cf a more tary fexihiiny are rnsepar-- - flexible international moneale and essenaaL tary arrangement is the first of our for the What business really needs priority Watson pohev said, The 1970s, from government is net hep. second could I prionty, act subsidy, but tie removal is the prompt pasof hindrance, tne removal cf suggest, sage of President Nixon's probamers mat thwart and pre- posed trade bill.' vent trade, Watson said in Watson said world business testimony prepared for the can live with more frequent Joint Economic Committee's subcommittee or. foreign eco- and, therefore, smaller exchange rate adjustments. nomic policy. These would be less disrupT urge you to consider tive, and we much prefer most earnestly ways of buildinem to the triumph cf an uning flexibility into the intercertainty of todays arrangenational trade and monetary ment systems. he said. A lot of Watson also said Corgres-- . I tie problems that confront us must resist the temptation to jsofr stem from rigidity. count overseas investment as are lost jobs. .WASHINGTON -'(LTD Arthur K. Watson, chairman of the IBM World Trade Cooraion, told Cb- - gre todaj free world Jvcwed free trader n f Sfore Opens f The book value of the--e investments, at the end of lust he year, was 555 billion. said. They generated sales of around Si 00 billion d returned nearly $3 fctU.on to these snores in repatna'ed dividends." The sales volume of tS. overseas subid.anes alreadv exceeds the volume cf LS exports, af d tt is grow mg at a much fa-rate. he sa.d Watson said the otersess investment was rot a loss cf yb but a trace Broadly, our experts are er a-- expanding m high technology pi f V? a industries, and these mduMr.trS are &lo our h.gb wage, hgh profit mdustnes. Corteree.v, tre great surge imports has tended to be in The oier, lower wage and lower teehrolegy industries I beLeve th s is a healthy exchange. he said. $' t if V K ft. , C The third in V 'X U. Wednesday, December 3, Watson said -- e tariffs to quotas which he 1 sad new chain of Lake City. L n a mens clothing stores, Macs Oothing Tree, has opened in C.earheid The firm has other branches m Bountiful and Salt 967 FI were eco''omiealy the most d.srupute and unfair Larry Tueller will manage the Clear he'd store. Mac Christensen is owner of the chain with Ad Ferguson and Tueller as partners. The firm employs 50 persons with an annuai payroll of o er 700.003. ;Todav, tarrifs Visitor Promotes Japanese Trade & . I m promoting trade with and Travel in Japan is the purpose pt ta visit to Salt Lake City by Hiroshi Matsuoka, executive director of the Japan Trade Center, Los Angeles. s r ,u ill M' Soon after his arrival here Tuesday afternoon, he visited Mayor J. Bracken Lee to wit-ness the signing of a proclamation declaring this Salt n Trade Week. In bus proclamation. Mayor Lee noted that approximately on 2,000 Utahns depend 'ni " 'Sy, .f I Lake-Japa- exports to Japan for their livelihood and that Utahs exports to Japan are worth li 517 million. The Trade Center and the Greater Salt Lake Area Hiroshi Matsuoka , . . heads LA, center Chamber of Commerce sponsored a reception Tuesday r.isrht at the University Cub to which business and civic leaders were invited SECTION He is scheduled to participate tonight at a discussion on free trade at Mark H. Greene Kali, University cf Utah, at 7.30 p.m. F i, 1, City, Regional Financial Theater 5, 8 2, 3 6, 7 NOW LEASE BUSINESS & PROFESSIONAL MEN low Cost lease Specials Take Advantage cf cur 24 Month Closed End Lease Rates. full Maintenance, Taxes and license Included CARS FULLY EQUIPPED Including Air Conditioning 1970 1970 LINCOLN r; r .. CONTINENTAL MARQUIS Before you lean tho cor check Johnson's low o"ith1y payments ftofoto MERCURY you lease this ear check Johnson's low monthly payment 1970 COUGAR 1970 MONTEGO COUPE Before you lease fha cor check Johnson's low monthly payments I I I Before yoo lease this cor check Johnson's low monthly poynwnti JOHNSON Lincoln Mercury Comet 95 1 East 21st So. 4S4-87- 31 i (Sresih 111 TWO FLAVORS REGULAR XW& H SAVE KOW OH ii ;a NEW MINT McKesson ROBBINS COSMETICS MAIL MARE-lI- P POLISH 99c iC NOW Self tti "ftot-in-us- item 4 3 for M e moo with a low cost classified ad. Go it, tfcroegh yew 100 isosaTcaBi bove-Bifts- attic oad go-ra- g. Pick out the you're no things longer ftsiag end sell them fast. Yo'B hove cash for Christmas buying. BUYS r tt i f i l IT'S EASY TO PLACE AN AD 1. Dial Z 521-353- 5 M ad faker wil betp pa 2d. 3. say Tbafje tt" and later. fjt trrrts a ssRs i t il to Mlel rfj & - fi $100 Stainless Steel 1.45 VALUE NOW NOV YOUR CHOICE GILLETTE SUPER Blades 10's Pint Reg. 59c Vetoes to t9c REG. I ALCOHOL UFSHCKS COMPACT h" M |