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University Daily Kansan Wednesday, Nov. 20, 1963
Volume of US-Soviet Trade Headed for a New Record
By Phil Newsom UPI Foreign News Analyst
The "oceans" of trade once offered to the West by Soviet Premier Nikita Khrushchev haven't yet quite reached those proportions.
But the volume of east-west trade which hit $4.5 billion last year, is headed for a new record this year and is enough to cause the United States concern.
U. S. concern which is being expounded in Europe this week by Under Secretary of State George W. Ball, is based on two counts. One is the growing temptation, notably
among Britain and some of the smaller NATO nations, to reduce the list of strategic materials now embargoed against sale to the Soviet Union and its satellites.
The other deals with the long term credits being granted in some cases to the Soviets. The United States holds that these credits not only underwrite the Communist economy, they also permit the Soviets to continue to build up a war machine which some day may be used against the West.
THE UNITED STATES believes credit should be limited to five years
Professor, Wife Recital Set
Prof. and Mrs. Joseph Wilkins,
tenor and soprano, will appear in
joint recital at 8 p.m. tonight in
Swarthout Recital Hall.
Prof. Wilkins, chairman of the voice department at KU since 1935, formerly sang with opera companies in Italy, the St. Louis Muny Opera, and touring production.
Mrs. Wilkins is a former member
of the Metropolitan Opera Company, making her debut as the principal in "Lakme."
Tonight's program will include opera arias and duets by Peri, Monteverdi, Lully, Pergolesi and Donizetti and numbers from Mozart's "Idomenece" and Verdi's "La Traviata," "Otello," and "Rigololetto."
MEANWHILE. Russian agents have been on a real buying spree.
with at least a 20 percent down payment.
The Russians are buying entire plants with which to produce fertilizer. They are buying ships from Italy, Sweden and Japan and pulp mills from Finland.
Weather Drip Dry Forecast — "FROSTY" Cotton
From Britain they have ordered polyethylene plants, two low temperature gas separation plants and machinery for a synthetic rubber plant.
WITH WEST GERMANY, the Soviets have closed deals for construction machinery, box cars and synthetic fiber plants.
Under an agreement with Italy, Russia will ship large amounts of oil in exchange for machinery, chemical equipment and other goods.
The Russians have said they could order more than a billion dollars worth of complex machinery from the United States,
OPEN HOUSE BUFFET
2222 IOWA
All you can eat ...
(fill two plates!)
$1.50
Standing Round Roast Beef Chopped Sirloin Steaks with Mushroom Sauce Chicken a la King in French Pastry Shell Numerous Salads
WEDNESDAY, NOVEMBER 20 5 p.m.-8 p.m.
FIREBIRD RESTAURANT
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T