TEMPORARY NATIONAL ECONOMIC COMMITTEE (Created pursuant to Public Res. 113, 75th Cong.) JOSEPH C. O'MAHONEY, Senator from Wyoming, Chairman WALLACE H. WHITE, Jr., Senator from Maine JEROME N. FRANK, Chairman Representing the Securities and Exchange Commission Representing the Federal Trade Commission ISADOR LUBIN, Commissioner of Labor Statistics JOSEPH J. O'CONNELL, Jr., Special Assistant to the General Counsel Alternates. Representing the Department of Commerce MONOGRAPH No. 6 EXPORT PRICES AND EXPORT CARTELS (WEBB-POMERENE ASSOCIATIONS) MILTON GILBERT AND PAUL D. DICKENS DEPARTMENT OF COMMERCE AND MEMBERS OF THE STAFF OF THE FEDERAL TRADE COMMISSION II ACKNOWLEDGMENT The various parts of this monograph were written by MILTON GILBERT Bureau of Foreign and Domestic Commerce PAUL D. DICKENS Bureau of Foreign and Domestic Commerce members of the staff of the FEDERAL TRADE COMMISSION The Temporary National Economic Committee is greatly indebted to these authors for this contribution to the literature of the subject under review. The status of the materials in this volume is precisely the same as that of other carefully prepared testimony when given by individual witnesses; it is information submitted for Committee deliberation. No matter what the official capacity of the witness or author may be, the publication of his testimony, report, or monograph by the Committee in no way signifies nor implies assent to, or approval of, any of the facts, opinions, or recommendations, nor acceptance thereof in whole or in part by the members of the Temporary National Economic Committee, individually or collectively. Sole and undivided responsibility for every statement in such testimony, reports, or monographs rests entirely upon the respective authors. (Signed) JOSEPH C. O'MAHONEY, Chairman, Temporary National Economic Committee. III Comparison of Export and Domestic Price Policies--- Group I. Cases of higher export than domestic prices- - - Page Serving as export sales agent for the members. Purchasing the members' products for resale in foreign markets_-_ Employing agents and directing agents of the members-promoting conferences and agreements in export trade.. Exploitation of members' products abroad... Agreement upon terms and sales policies in export trade_ Allocation of the export business_- Standardization of products exported-inspection and claims service. Arranging for insurance, freight rates, cargo space, shipping dates, Collecting and disseminating trade information as to market condi- tions abroad, credits, exchange, shipping regulations, foreign laws. Advantages Derived by Cooperative Effort__ Obstacles Met by Export Associations-Reasons for Dissolution of Some 139 139 140 141 141 3. List of associations formed under the act, 1918-39, with names of members and the years in which they held membership-also notes on operation of each association, and if dissolved, reasons 8. Excerpts from annual report of the Commission, 1937. 9. Excerpts from annual report of the Commission, 1938. 301 |