Historical Newspapers of South Carolina

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I i \t SThis letter represents "sense." Us " something. Each of us has a mind ca| from wrong. A This letter represents "attitude." If yo " much more easily performed. With th job and fellow employees, you will stri FThis letter represents "first-aid." B< " someone who needs help could mean We must be prepared to come to anyoi This letter represents "effort." Put f< " the rules of safety. TThis letter represents "training." Pay ~ Train vourself to follow the rules of sa YThis letter "Y" can only represent the word safety. You know when yo rules of safety. Without you, the othe You must know how to do your job pr You must ascertain whether each acl but for others, as their lives could de utmost importance that you ? not th way possible. American Texti It is hoped that our government and China d will be able to restore understanding be- b tween our countries on the troublesome C trade issues that to this point have kept us n from reaching agreement in the difficult tex- a tile negotiations. 1 The problem has come to a head with ^ textiles because this industry is crucial to both countries. But the underlying issue is .. broader. That is how we can establish fair ' f trade, on commodities basic to both countries, between a market economy such as outs and a centrally controlled economy in a ? totalitarian country such as China. r The Chinese government determines what ? will be produced, how much and at what a prices. With this kind of control, China can set prices to increase the penetration of its r exports. Prices need bear no relation to the ? cost of the product. This economic control I exercised by a totalitarian government makes a truly free trade impossible and fair < trade very difficult to attain. \ As of November last year, China's textile and apparel deficit with the United States ( J was $611 million, but in calculating this I i ?{ * * e good common sense when doing pable of doing right and knowing right u have the right attitude, your job is so e right attitude toward your company, ve to do your work more safely. sing duie iu res>ponu quicKiy dnu diu the difference between life and death, le's aid. jrth an effort to work safely and follow "1 i attention to the work, listen and learn. 1 ifety. 1 you." You, and only you, are the key to u are working safely and following the ?r traits of safety would not be effective, operly and to do it as safely as possible, tion you perform is not only safe for you, pend on your actions. Therefore, it is of a Afhnr 4 r\ 11 avk ri r\ uai i r i r\ K in fh A cofoct c: uuici icnun uuyuui juu 111 uic oaicoi ile Industry Need; eficit no recognition is given to the one < illion square yards of fabric shipped from < hina to Hong Kong, where the fabric is i lanufactured into garments or transhipped i nd sold largely to the United States. For the i l montns ending NovemDer, iyo^, ine \ ).S. ran a textile and apparel deficit of $1.7 < lillion with Hong Kong. i China has grown to become the fourth 1 srgest suppliers of textiles and apparel to he United States. Growth in just the last hree years has been 41 percent in 1980, 73 >ercent in 1981 and 20 percent in 1982, a ecession years in which the U.S. apparel narket shrank 11 percent. The Chinese overnment clearly intends to pursue its lavaniage ana Turmer increase me growm or ts exports to the United States. Without easonable ceilings on imports, this can iasily happen. China only has to set the >rice needed to achieve its goal. What is in the best interests of the Amercan people? Some assume that imported jroducts represent savings to the consumer, rhe facts clearly show that it is usually imxirters and retailers who benefit from larger xofit margins as they mark up prices to the IfTN rr Ti 1 Safety... " - . * ' ' - \ ' ' ' . ': ' An Important word-i ot work, but In all lln > Relief From Chin< :onsumer. The real cost to the consumer is we iconomic dislocation at home, which all m< Americans pay for in widespread unemploy- re; nent and higher tax burdens, and the dismantling of an efficient American industry. I m; submit that this cost is too high for this fre :ountry to pay and I question whether Amer- ta icans, understanding the issue, would want ce to. Ul The textile industry is one of the first to * feel the effects of China's drive to industrialize, but the issue is by no means confined to textiles. As China expands its industrializtion, other U.S. industries will confront the P| same problem, attempting to compete against a government-controlled system in which prices can be arbitrarily fixed and cur- g' rency values could be regulated tor trading . purposes. Some would suggest that the United gr States should reorder its priorities and per- fr mu ine service inousiries 10 oe ine aommanx w industrial group in this country in the years fc to come, permitting all our "smokestack" it industries to disappear. Have they consi- h dered the effect on the service industries if ai Page 5 IL ' ^.*46- < r-?: i* ' ' ' . v A ' ' lot only In our line ee of endeavor. m Bse Imports s permt their principal customer ? the anufacturing sector ? to be drained of the sources to retain their services? Free trade is a compelling idea. But to any nations, free trade means demanding >e access to U.S. markets while simulneously erecting barriers to limit our acss to their markets. In such a world, the uted States must move cautiously. The issue is what kind of economy we want have in the United States. As a nation, we ust decide whether we are to recede into a irvice-oriented economy, leaving industrial oduction to others. The immediate probm is a threat to 2.3 million American jobs the textile/fiber/apparel industry and $42 llion in GNP generated by this complex, eyond that, the China problem is a national sue, involving all industries and all Amerans. As a nationa which was founded and ew to world leadership on the principle of ee enterprize. we must not be driven to the rong decision by the machinations of a ireign government which closely controls s economy. Our government negotiators ave a difficult and vital task, and the stakes re high