Word: monsanto
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Even before President Nixon lifted the embargo on direct trade with China (see THE WORLD), some of America's largest companies were breaking into Mao's market. Among them: General Motors, Monsanto, Hercules, Cummins Engine and American Optical. U.S. business with the Chinese has risen from nothing in 1969, when the Administration first began easing trade restrictions, to $3,500,000 last year...
American Optical, through its Austrian subsidiary, has sold medical research microscopes to China. Overseas branches of Monsanto have shipped a variety of chemicals, including materials for aspirin and rubber. The subsidiaries are forbidden by the U.S. Government to sell any of 600 "strategic items," but the embargo list leaves plenty of room for trade. General Motors, for example, sold $682,000 worth of diesel engines and spare parts in 1970 to Roberto Perlini Co., an Italian truck manufacturer, who sent them to China along with 80 Perlini trucks...
...still sells only $450 million worth of goods annually to the Communist nations of Eastern Europe. Still, some American businessmen are greatly encouraged by the opportunities presented by China's 740 million potential customers. "You just can't look at a market of that size," says a Monsanto spokesman, "and not believe that eventually a lot of goods are going to be sold there. Just one aspirin tablet a day to each of those guys-and that's a lot of aspirin...
Scott treats blue-chip polluters as firmly as other prosecutors do the Mafia. His list of defendants facing court action reads like a Who's Who of big business: U.S. Steel, Republic Steel, Mobil Oil, American Zinc and Monsanto, to name a few. Under his guidance, Illinois recently joined a number of other states and cities in a Federal Government suit against General Motors, Ford, Chrysler and other vehicle makers. Scott wants the Government to force the auto industry to install antismog devices on all cars and trucks dating back to 1953. In late November, charging that "the exhaust...
...MONSANTO NIGHT PRESENTS LENA HORNE (NBC, 10-11 p.m.). Lena makes musicwith David (The Fugitive) Janssen, Singer O. C. Smith and Hungarian Folk Guitarist Gabor Szabo...