Free Frisco

San Francisco, which wants to widen its narrow lead over Los Angeles as the West's No. i seaport, last week pulled a small coup. It became the third U.S. port to establish a "free trade zone" (the others: New York and New Orleans). In the zone, next to picturesque Fisherman's Wharf, foreign shippers may unload, transship, sort, grade and indefinitely store their merchandise without putting up bonds or going through other costly red tape. Only such goods as are brought into the U.S. are dutiable. The zone will be surrounded by stout wire, and patrolled, to prevent smuggling. Los Angeles fears the zone will lure so many ships to Frisco that it is hustling to get a zone of its own.

This file is automatically generated by a robot program, so reader's discretion is required.