As U.S. investment dollars spur economic development in Italy and in other friendly foreign countries. industrial capacity will be expanded and more goods made available. not only in domestic trade. but also for export. Many of the products not now easily available in the United States will be purchased here. We welcome this prospect. Our only qualification is that a reasonable tariff and quota system be utilized to provide a mutually favorable balance. In the case of the residual oil that has inundated our markets. stockholders of the oil companies and the ruling regimes of producing and refining countries have been the prime beneficiaries. I think you will agree that West Virginians are extremely fair in their attitude toward international trade policies.
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quota system