Aid for Foreign Investors - C&EN Global Enterprise (ACS Publications)

Nov 5, 2010 - The powerful Senate Antitrust and Monopoly Committee begins hearings on the proposal this week. A new government agency has been ...
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GOVERNMENT

DISPEL THE DANK, CLAMMY ODOR OF DAMPNESS... 3ÎEUTBOLEUM * wiil not remove the -water from flooded cellars, or the dampness from un waterproofed basements, or the clamminess of cm unhealed, unoccupied building — but it will dispel the muggy, dank* unpleasant odors that accompany such conditions. By spraying a small amount of NETJTROLEUM into poorly ventilated careers, the unpleasant odors given off by confined, humid air can at least be temporarily alleviated . . . This is but one of the many* morn y situations involving objectionable odors that our Industrial Odorant Division com help you to overcome. To obtain our suggestions· describe your problem on company letterbead or use coupon below. -»·».«. S. N O M

PLEASE FILL IN AND MAIL FMTZSCHE BROTHERS, Inc. 76 NINTH AVE., NEW YORK 11, M. Y. We are interested in Π PERFUMES D ODOR NEUTRAUZERS for us· in the manufacture of products checked be­ low. What do you recommend? Ο ADHESIVES Π FINISHES Ο Ι Ν * Π LEATHER Q PAINT • PLASTICS Π PETROLEUM PRODUCTS • POUSHES ρ RUBBER • SOLVENTS Π SPRAYS D TEXTILE CHEMICALS OTHERS: (Notes P I M S · send accompanying tottw giving details of your particular problem.) COMPANYt ADDRESSt-

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rions. But instead both, parties may support some types of reduction for individual taxpayers. Last year's tax cuts favored business and higher-bracket individuals, some Congressmen argue, so future tax re­ ductions should benefit those with lower incomes. Eepublicans have fa­ vored percentage "across-the-board" re­ ductions, while Democrats prefer in­ creasing the "basic $600 exemption or giving further deductions a t a fixed rate. Chemicals in food legislation will get a hearing next year. Several bills are pending which would regulate the use of new chemical additives. Major point in dispute is the role which the Food and D r u g Administration will play in deterariiriing the safety of new additives. Spokesmen for the chemical industry believe the FDA should not become a licensing agency for all new additives. Under this plan, the burden of proof that an additive is potentially harmful is o n F D A , rather than the manufacturer. Other proposals, how­ ever, shift t h e burden t o the additive maker, who m u s t prove that his prod­ uct is safe for its recommended use be­ fore getting F D A approval. Disposal of alien property, may come up on Congress* agenda early next ses­ sion. Hearings are scheduled this fall on proposals to return seized German and Japanese assets t o their former owners. The biggest prize is General Aniline and Film, worth more than $100 million. Other bills would sell the seized ' sets to American firms or individuals. Some action will be taken next year, although final settlement of the complex question may take several more years. An intense fight over water resources is expected to develop next session. The issue of public v s . private power is regarded as political dynamite at the polls in some states. The Kisenhower Administration must defend its "part­ nership" policy in the face of growing opposition. Congress undoubtedly will continue to look into such power proj­ ects as the Hell's Canyon dams. Democratic victories in the Dixon-Yates dispute may strengthen their hand in other power controversies. A whole series of bills will be intro­ duced t o carry out the recommenda­ tions of the Hoover Commission. Some of the recommendations, including those dealing with water resources, are sure to run into trouble in Congress. In the field of foreign trade, the Ad­ ministration may request that the U. S. b e allowed t o join the new Organiza­ tion for Trade Cooperation. OTC is the proposed permanent administrative agency for the controversial General

Agreement on Tariffs and Trade. GATT h a s never been officially recog­ nized by Congress, so heated opposition to the plan can b e expected from some quarters. Some definitive legislation on air and water pollution may come from tibe next session. This year, the only major bill passed in these fields provided for air pollution studies. The Department of Health, Education, and Welfare is showing increased interest in these sub­ jects and may have several legislative proposals of their own. Tightening up merger laws may b e another project next year. The Federal Trade Commission's study o f mergers plus several Congressional investiga­ tions may result in some new restric­ tions being set up t o prevent certain mergers.

Aid for Foreign Investors Congress to study plan to give antitrust exemptions (CHEMICAL

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pansion in foreign lands may get a n unexpected government assist. Sonne of the red tape and uncertainty may be removed by a proposal t o grant in­ vestors operating abroad limited exemp­ tions from U . S. antitrust laws. The powerful Senate Antitrust and Monopoly Committee begins hearings on the proposal this week. A new gov­ ernment agency has been suggested by the Commerce Department to handle the program. If approved b y Congress, the agency would be empowered to grant certain exemptions from antitrust laws which would stimulate foreign in­ vestment. Foreign investors would not b e given blanket exemptions by the new agency, however. Each case would be studied carefully before antitrust exemptions tailored to trie specific operations would be granted. The agency also would counsel potential investors o n the legal­ ity of proposed foreign expansions. Uncertainty over antitrust laws Has hampered foreign investment in the past. I n some instances companies with foreign subsidiaries would b e liable for prosecution under antitrust laws. If the company had operated the overseas plants a s divisions of the parent firm, rather than separate corporations, how­ ever, they might not violate the law. Sen. Harley M. Kilgore, West Vir­ ginia democrat, who beads t h e anti­ trust committee, says that his group will hear witnesses for and against the proposal. I n addition, Kilgore will tour Europe later this month and will confer

After initial adjustments are made, as in photograph, "Mr. Meticulous" automatically performs critical operations in making junction tetrode transistors—tiny experimental devices which may find important uses in the telephone system.

The machine we call "Mr. Meticulous" Bell Laboratories scientists, who invented the junction transistor, have now created an automatic device which performs the intricate operations required for the laboratory production of experimental model transistors. It takes a bar of germanium little thicker than a hair and tests its electrical characteristics. Then, in steps of 1/20,000 of an inch, it automatically moves a une wire along the bar in search of an invisible layer of positive germanium to which the wire must be connected. This layer may be as thin as 1/10,000 of an inch! When the machine finds the layer, it orders a surge of current which bonds the wire to the bar. Then it welds the wire's other end to a binding post. Afterward, it flips the bar over and does the same job with another wire on the opposite side ! Once only the most skilled technicians could do this

work, and even their practiced hands became fatigued. This development demonstrates again how Bell Telephone Laboratories scientists work in every area of telephony to make service better.

Transistor made by new machine is shown in sketch at left above, magnified 6 times. At right is sketch of area where wires are bonded. The wires are 2/WOO inch in diameter, with ends crimped to reduce thickness.

BELL T E L E P H O N E LABORATORIES IMPROVING

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that knocks out shock Aerosol packaging brought shockproofing to the consumer • • • c a n propel your product into n e w markets Anti-static solutions solving static electricity problems in industry are now being brought to the consumer—thanks to the easy aerosol way. More and more people are shockproofing rugs; plastic auto seat covers; nylon slips, pants, shirts and other articles woven of manmade fibers so susceptible to static electric shock. As a result, an important new market is opening up. D u Pont's "Kinetic" Laboratory helped make this new market possible by blending the right "Freon"* propellent with the antistatic solution—turning the aerosol idea into a reality . . . And a success. Maybe you have a product adaptable to an aerosol package. Or possibly you're already thinking of going into aerosols. Either way, both D u Pont and aerosol loaders can

AEROSOL OF THE FUTURE? Copper Cleaner There are millions of copperbottomed cooking utensils in -American homes. Their popularity is well established. But cleaning them is quite a chore. A push-button copper cleaner would b e a mighty time and trouble saver for housewives across the country.

give you valuable help and advice. Our chemists have much aerosol experience. Our technical facilities are excellent for aerosol research and development. We'll work with your contract loader in putting the product into the can—finding the right package, the right type and size of valve. We'll provide market research to help you set and achieve your sales objectives. And naturally we'll help you select the "Fréon" propellent just right for your aerosol. "Freon" propellents satisfy every requirement of pressure, compatibility and particle size. All are pure and uniform. All are safe: nonflammable, nonexplosive, virtually nontoxic. Let us know your problems by writing t o "Kinetic" Chemicals Division 199, E . I. d u Pont de Nemours & Co. (Inc.), 11500 Nemours Bldg., Wilmington 98, Del.

WRITE TODAY F O R FREE BOOKLET filled with background information o n aerosols, and specific advice for approaching the aerosol field. We'll also b e glad to answer particular technical problems y o u face in respect t o aerosols, a n d to send any literature w e have covering; phases of aerosol development, production and marketing that interest you. Write t o D u Pont a t the address given above.

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*xtFreon" is Du Pont's registered trade-mark for its fluorinated hydrocarbon propellents

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can you tell your present cusHowtomers you are doing everything possible to continue to give them the finest product that can be made? H o w can you sell your potential customer in the crowded, competitive market places of today? One way t o both tell and sell is by adding that extra touch that immediately marks your product outstanding... a pleasant fagrance ! Industrial Odorants are compelling sales aids, important tools for the modern businessman with a merchandising point of view. If you manufacture PAINTS, POLISHES, INKS, LEATHER ITEMS, CLEANSERS, DETERGENTS, RUBBER PRODUCTS, WAXES, LIQUID SOAPS, BLEACHES, STARCH, INSECTICIDE SPRAYS, WAVE SOLUTIONS, GLUE, PETROLEUM PRODUCTS, NAPTHALENE, PARA CRYSTALS, AIR DEODORANTS . . . the O&O Industrial Odorants Labs can give you a powerful ally for increased s a l e s . Consult D&O. 0*44 /56tU

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