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Show WE GET THE SHORT END ' If it In true as reported In the press that the United States has en-toied en-toied into nn agreement by which Groat Britain, France and tho United Unit-ed States shall share equally ln the supplies ot tungsten exported from South American countries, tho Interests In-terests of Aniuilca have been noed-losuly noed-losuly and unjustly saciificed. Tungsten Tung-sten is nn Ingredient necessary ln the production of high grades or steol, uecoftsary in the manufacture-of manufacture-of toolB, munitions, guns, otc. Ordinarily Ordi-narily tho United States pioduces annually an-nually 4, COO .t(0ns of tungsten and imports 4,880 tons, most ot which comes fiom South Ametlcn. Great Britain produces 7,697 tons within her own empire and has control of 3,547 tons, or a total ot more than 11,000 tons outside of South America. Amer-ica. The total South American pro-' ductlon is 6,173 tons, of which under un-der the reportod arrangement tho United States would receive one-third one-third or about 1,700 tons. Under i the new arrangement our available supply of tungsten would be reduced reduc-ed 3,000 tons, while Great Dritaln I would still havo control of her more 'than 11,000 tons and would get at least her usual supply and probably proba-bly more than the usual amount from South Auiertaa. There seems to have been a great deal of socrecy regarding tho agree-men agree-men for the pooling ot metal supplies sup-plies and the exact terms ot tho agreement are not definitely known. If they are as reported by those who have been following the metal trade closely, It wuld appear that the administration ad-ministration at Washington haa 'yielded more than It ought to our commercial rivals. Considered alone this may seem to many people a small matter, but It has more than a direct monetary effect upon Am-" erlcan business. South Americans who havo been accustomed to sell nearly 5,000 tons of tungsten to tho United States annually can not fall . to bo less impressed with our commercial com-mercial Importance whon they see us yielding our trado to other countries. Thero Would seem to bo no reason why Great Britain should not bo satisfied sat-isfied with her normal supply of tungsten leaving us with our own supply undiminished. |