No More Learning

For comparison with the credit time terms previ-
ously granted in America to Amtorg, it is interesting
to note the length of time Italy grants the Soviet Un-
ion on twelve categories of products           subject to Soviet
orders which were distributed by the Italian Govern-
ment in this manner in order to spread trade evenly
throughout her industry: On ships, payments must
be made in a maximum of fifty-four months, aver-
age forty-two; on ball and roller bearings, maximum
thirty-six, average twenty-four; machinery for ma-
chine shops, maximum thirty-six, average twenty-
nine; electrical machinery, maximum, thirty-six;
average twenty-nine; machinery for chemical in-
dustry, maximum thirty-six, average twenty-four;
other machinery, maximum thirty, average twenty-
one; automobiles and tractors, maximum thirty-six,
average twenty-four; auto parts, average twelve;
airplanes and airplane motors, maximum thirty-six,
average twenty-eight; precision, measuring and op-
tical instruments, maximum twenty-eight, average
twenty; metals, average twelve; chemicals and dyes,
twelve, and fertilizers, twelve months.