TITLE

Now the Jamaicans

AUTHOR(S)
Welles, Benjamin
PUB. DATE
June 1974
SOURCE
New Republic;6/29/74, Vol. 170 Issue 26, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the dispute of American aluminum companies' dispute with Jamaica, prime source of their bauxite. Appointment of former U.S. Supreme Court justice, Arthur Goldberg as chief negotiator for the dispute; Acquaintance of Goldberg with Jamaican Prime Minister Michael Manley; Intentions of Jamaica to increase its annual "take" from the U.S. and Canadian mining interests; Profits obtained by Jamaica on the account of bauxite reserves bought by the American aluminum companies in Jamaica; Rise in the cost of living of people in Jamaica; Increase in oil imports of Jamaica, used for processing bauxite into alumina; Comment of Manley that he has decided to raise the yield from the foreign aluminum companies to offset price rises in imports; Legislative approval for Manley to increase aluminum royalties and taxes.
ACCESSION #
10199545

 

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