Monday, Jul. 02, 1934

Free Ports

Last week President Roosevelt signed a bill authorizing the Secretaries of War, Commerce and the Treasury to set up in U. S. ports "free trade zones," composed of docks and warehouses carefully fenced off from the rest of the tariff-bound U. S. There vessels will unload their goods and store them for reshipment without any customs formalities. Four such free zones may be established, one at New York, another elsewhere on the Atlantic coast, one at a Gulf port, one at a Pacific port.

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