The Eastern Economist July 18 1952

In the House of the People for example out of 489 seats the Communists got only 26 the Socialists only 12 and the remainder of the non-Cogress seats were further to the Right than the Congress. [...] His conviction appears to have gained more converts and the reports last week indicated a three to one strength of the coalition of parties in favour of the first reading of the bill for ratification of the Bonn peace contract and the Paris Treaty of the E.D. [...] The law has liberalised the regulations concering repatriation of capital the switching of investments and the protection of foreign investors in new issue transactions which affect the equity rights of the ivestors. [...] Free licensing of cloth exports which was hitherto for shipment up to the end of August in the case of coarse and medium varieties and to the end of September in the case of fine and superfine varieties has already resulted in a distinct improvement in the *cloth export trade. [...] It is true that the effect of the restrictions imposed last March is not yet fully apparent; also the meeting of the committee which was set up last January under the presidenship of Sir Arthur Salter has been indefinitely posponed and the Common policy' of the area is not to be reviewed till September when the Finance Minis ters of the sterling area countries will be meeting in Mexico Cit