OCR Text |
Show Economic Council to Control the Trade of Europe m PARIS, June 11 The proposal to . continue ihe supreme conomic coun- j H cil or to regulate the distribution of 1 raw materials and provide a central . ized organization for ihe control of I ' international economic ami trade af- fairs during the post helium trans:- l-t tional period is now before the coua- I1U cil itself. Jul The British representatives contend "Ja ed some continuation of governmental ; S( control during the difficult period -" transition was necessary and that th- M present organization offered suitabio Wi facilities. Ef! The Americans strongly opposed proposal. They held that if such an agency were necessary it would be far ""Oil bi tier to start afresh with a new and t really international organization. A general survev , ir...p- - n 1 i!! s !in raw materials and materials re quired for the reconstruction of ut- ' restated areas, the building up ot ns States and credit requirements to fi-nani fi-nani S it through the transitional riod is one of the first and most press- J ing duties facing tbe economn epeit.-- As the United State., wii b$ call-J p upon to furnish the bulk of The sup- i plies and credits, tne American rep- .1 resentatives, naturally are taking t'je 1 lead in the movement for an authority tive survey. t |