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International Tin Study Group
Published online by Cambridge University Press: 22 May 2009
Extract
The United Nations Tin Conference had not yet been reconvened during the period under review. The conference, which was held in Geneva from October 25 to November 21, 1950 was adjourned when the prolonged deliberations revealed that further governmental study was necessary if there was to be any agreement on the numerous proposals for international control of tin stocks and prices. The “Paris Draft”, previously drawn up by the International Tin Study Group, had not been able to satisfy the demands of the widely divergent producing and consuming interests. In a unanimous resolution which conceded the probability that “difficulties will arise concerning tin” which would require inter-governmental action, the conference was able to agree only that “when a surplus or shortage of tin is expected to occur, inter-governmental cooperation and action, in accordance with the principles of the Havana Charter, would be desirable to meet such difficulties”. The conference chairman was instructed to keep the work of the International Tin Study Group under review and to consult with the conference steering committee and the United Nations Secretary-General about holding a second conference at a later date.
- Type
- International Organizations: Summary of Activities: V. Other Functional Organizations
- Information
- Copyright
- Copyright © The IO Foundation 1951
References
1 For a summary of the previous activities of the International Tin Study Group and the Tin Conference, see International Organization, IV, p. 544; V, p. 416.
2 United Nations (Geneva), Press Release TIN/6, November 22, 1950.
3 With definitive action unlikely on the inter-national level, the United States Preparedness Subcommittee of the Senate Committee on Armed Services recommended (on March 4, 1951) that the United States stop its purchases of tin until prices returned to “a reasonable level”. Deprecating the “gouging” practices of tin producers, the report pointed out that tin prices had risen from a pre-Korean level of 75 cents a pound to a record maximum of about two dollars a pound and then commented that we are no longer in a position where we must we are no longer in a position where we must buy tin at any price”. Although representatives of the tin industries denied the committee's accusations and emphasized the deiffculties facting the primary producers' economies, the United states suspended (on March 6) all new purchasers of tin for the national stockpile and (on March 12) the National Porduction Authority designated the Reconstruction Finance Corporation as the sole importer of tin in the United States, with full control over all domestic distribution. (Current Developments in United States foreign Policy, March 1951, p.57; New York Times May 13, 1951)
4 New York Times, August 24, 1951.
5 The Times, London, 07 25, 1951.Google Scholar
6 New York Times, September 29, 1951.