International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

Malaysia Accuses United Statis of Economic Aggression

· The Week Vol. 7, No. 20, c. 16 May 1967 · p. 14 of the scan · 253 words

The scan: The Week v7 no20.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the OCR of the heading.

correspondent No one would accuse the present Government of Malaysia of being left wing. However, even this Government has been moved to denounce the American administration because of its neo-colonialist policies. Speaking on May ll, the Malaysian Minister of Commerce, Dr. Lim Swee Aun, virtually accused the U.S. of economic aggression. He was commenting on a statement by a U.S. Government official that Malaysia should control her rubber production to improve the weak price of rubber, and denying the charge by the Finance Minister Mr. Tan Siew Sin, that the U.S. rubber stockpile releases were the primary cause of the depression in the rubber market, Dr. Lim said: "To say there is over production of natural rubber in Malaysia is complete nonsense, If anything, there is excess in production of synthetic rubber by the very rich and highly developed’ countries, For the United States to suggest that Malaysia should restrict production is tantamount to saying that we should not have economic growth," ©

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The U.S., being the biggest producer of synthetic rubber, should take the lead to stop expanding the capacity of synthetic plants not only in America but also in other countries where she has set up factories, The U.S. Government should also restrict the production of synthetic rubber instead of asking Malaysia to cut down her production. The chairman of the Rubber Producers' Council, Mr. G, H, Lang, disagreed there was over-production of natural rubber, Past performances had shown that every pound of Malaysian rubber produced had been sold.

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