Mr. WENDEL. But it is 550 tons, is it not? Here we drop the thousands.

The CHAIRMAN. That is 550 tons?

Mr. WENDEL. Yes.

The CHAIRMAN. You have Austria down for just about the same amount as it had, and you seem to have a proposed increase of importation of tin into the United States in 1948.

Mr. WENDEL. I would like to make some general remarks, again, there.

The CHAIRMAN. What can you say on that?

Mr. WENDEL. The production of tin in the Far East was generally knocked out by the war, and it is slowly reviving. The world production in 1947 was 114,000 tons, and in 1948-49 it is estimated at something like 160,000 tons.

The CHAIRMAN. That means the Far East rather than anything else?
Mr. WENDEL. Well, it is the Far East, Bolivia, and Nigeria.
The CHAIRMAN. You mean the increase?

Mr. WENDEL. The increase was in the Far East; yes. Supplies of tin are allocated by the International Combined Tin Committee, so that these imports are closely integrated with the allocations of that committee, and I think in almost all cases, if not all cases, they are somewhat lower than the requests of the countries themselves. The United States is allocated a tin supply along with others through the working of this committee, and all of them are kept in close balance with the requirements and the stock position, and so forth, of each country. The United States will receive, I think, substantially more than they did last year.

The CHAIRMAN. I do not understand this table you have given us. This sheet shows 90,000 tons

Mr. WENDEL. The long sheet is for 15 months.

The CHAIRMAN. The long sheet is for 15 months, but where is the figure that corresponds to the imports? I do not just

Mr. WENDEL. The figure is 30,500 and 33,692.

The CHAIRMAN. The sum of those is the imports?

Mr. WENDEL. That is the imports; yes.

The CHAIRMAN. The 64,195 that is represented there?

Mr. WENDEL. Yes.

The CHAIRMAN. There is no 15 months' figure that would jibe with that?

Mr. WENDEL. That is right.

The CHAIRMAN. Are these allocations all made by someone other than our Government?

Mr. WENDEL. No. Our Government sits as a full member of the committee.

The CHAIRMAN. Who is that committee?

Mr. WENDEL. The Combined Tin Committee, which consits of the producing countries and the chief consuming countries.

The CHAIRMAN. You have Austria down here. Is it figured she would pay for that with her own exchange?

Mr. WENDEL. That is right.

The CHAIRMAN. And you have Belgium down for quite an item. Is that in the same category?

Mr. WENDEL. She imports tin from her own mines in the Belgian Congo and reexports to other countries in Europe something like 8,000 tons of it and consumes about 3,000 tons herself.

The CHAIRMAN. That is all paid for on her own hook rather than by us?

Mr. WENDEL. That is right.

The CHAIRMAN. And Denmark pays for hers, and France likewise pays for her own or else she gets it from her colonies?

Mr. WENDEL. She would probably pay with European exchange, I believe.

The CHAIRMAN. For Greece there is none.

Mr. WENDEL. There is no proposed ECA payment for any country on tin.

The CHAIRMAN. There is no ECA operation there in tin?

Mr. WENDEL. No, sir.

LEAD

The CHAIRMAN. We will go to lead. Is there any ECA operation in lead?

Mr. WENDEL. Yes.

U. S. STOCKS, NEW SUPPLY, AND APPARENT CONSUMPTION OF LEAD

The CHAIRMAN. We will put the sheet relating to lead in the record. (The matter above referred to is as follows:)

United States stocks, new supply, and apparent consumption of lead (primary and secondary) 1937, 1938, 1939, and 1947

1 Includes whatever sales or transfers were made to the permanent stock pile.

The CHAIRMAN. This is in short tons, is it?

Mr. WENDEL. Yes, sir; that is in short tons.

The CHAIRMAN. That hardly jibes with these other figures, does it? Mr. WENDEL. Those figures on supply include our secondary production.

The CHAIRMAN. I see. The total exports from the United States in 1947 you are figuring at about 1,513 tons?

Mr. WENDEL. Yes.

The CHAIRMAN. And of that, Belgium gets 31,100 on ECA?
Mr. WENDEL. On ECA but not from the United States.

The CHAIRMAN. Why is that financed by ECA?

Mr. WENDEL. Belgium is a smelter of lead ores and imports them from Mexico and some of the Western Hemisphere countries.

The CHAIRMAN. And we provide the funds for that operation?
Mr. WENDEL. We provide the funds.

The CHAIRMAN. Is it a credit proposition, or what is it?

Mr. NITZE. I think that ought to come in the testimony of the Treasury Department on the whole proposition.

The CHAIRMAN. I see. Lead also goes to Denmark out of ECA. I wonder why that is being financed in that way.

Mr. WENDEL. She produces no lead of her own, and the world supply situation is such that some European countries must get their supplies from the Western Hemisphere, Australia, and so forth.

The CHAIRMAN. Here is France, which is kind of a peculiar proposition. You have France down for 227,000 tons financed by ECA and total imports of 75,000.

Mr. WENDEL. Part of her imports come from her own colonies. The CHAIRMAN. And you have domestic production 10,000, making 85,000 available. That sounds kind of funny.

Mr. NITZE. There is a misplaced decimal point. That ought to be 22.7, and the same thing is true of zinc, which ought to be 38.3.

The CHAIRMAN. In Greece, there is a small importation, and a little more financed by ECA than imported.

Mr. WENDEL. That may only be a short-time requirement, because the Greek lead mines may resume in a year or so.

The CHAIRMAN. Ireland seems to have an ECA financed import. We should get from the Treasury why that is?

Mr. NITZE. Yes, sir.

The CHAIRMAN. And Italy the same way.

Do they need that

amount? They seem to be producing considerable but are not producing anywhere near as much as prewar.

Mr. WENDEL. That is right.

The CHAIRMAN. Why is that?

Mr. WENDEL. Their mines were damaged during the war. They are being rehabilitated, however, and in a couple of years should be back to normal production.

The CHAIRMAN. The Netherlands we are financing to the tune of 9,500 tons.

Mr. WENDEL. That is right.

The CHAIRMAN. There seems to be no financing for Norway, none for Portugal, none in Sweden.

For the United Kingdom, there seems to be a big item of financing43,000 tons against imports of more than they have been set up to be. Has there been an allocation there?

Mr. WENDEL. No; it is not allocated. It reflects their growing needs for housing, plumbing, and those things, and in industry generally. The 43,000 tons, I think, are largely from Canada and Mexico.

The CHAIRMAN. Western Germany you have set up to have more than they had prewar. Maybe that is all right. We will have to go into that with the German group.

ZINC

UNITED STATES STOCKS, NEW SUPPLY AND APPARENT CONSUMPTION

OF ZINC

The next is zinc, and you might put in the table on zinc.

(The matter above referred to is as follows:)

United States stocks, new supply, and apparent consumption of zinc (primary and secondary) 1937, 1938, 1939, and 1947

The CHAIRMAN. You have quite a large percentage of United States production and imports exported in 1947 and perhaps in 1948–49. Mr. WENDELL. The United States exports were minor They will be all from imported ores and concentrates smelted here with the purpose of exporting, and they will not interfere with our domestic requirements at all. The European countries import from the Western Hemisphere a large amount of their metal in the form of concentrates, which is the cheapest way to obtain it. They do also import considerable amounts of metal.

The CHAIRMAN. Belgium is still below prewar, but in considerable part financed by ECA.

Denmark is a small item.

France is quite a large item, practically the same as prewar availability.

Italy is not very big, as far as imports go. Those people used to export considerable zinc?

Mr. WENDELL. That is right. They export some of their concentrates to other countries, and they are required to import special kinds of metal.

The CHAIRMAN. Great Britain seems to have as much available as

prewar perhaps they need it-largely financed by us. Do not they have considerable production in their own colonies?

Mr. WENDEL. That is true. Australia supplies them with a considerable amount of their imports, and they get some from Canada. The CHAIRMAN. Germany used to have production enough to take care of herself, and now you have her down for a big item. I wonder why.

Mr. WENDEL. She used to import a lot of concentrates from other countries, too.

ALUMINUM

UNITED STATES STOCKS NEW SUPPLY AND APPARENT CONSUMPTION OF ALUMINUM

The CHAIRMAN. The next is aluminum, and we will put that sheet in the record.

(The matter above referred to is as follows:)

United States stocks, new supply, and apparent consumption of aluminum (primary and secondary) 1937-39 and 1947

The CHAIRMAN. What can you tell us about aluminum?

Mr. WENDEL. I think there is only one significant item in the tables, and that is the import of aluminum from Canada to the United Kingdom. The rest is largely internal trade in Europe.

The CHAIRMAN. The big item there is export into the United Kingdom?

Mr. WENDEL. That is right-from Canda.

The CHAIRMAN. None from Germany to speak of?

Mr. WENDEL. I think there is some from Germany. I also think the German plants will start to produce their own aluminum. The CHAIRMAN. They are starting but are not going?

Mr. WENDEL. That is right.

The CHAIRMAN. They did produce all they used before. Why do they need so much aluminum? They are not making so many airplanes.

Mr. WENDEL. Aluminum takes the place of copper in wire, for cooking utensils, and so forth.