894.602/12–1947
The Acting Political Adviser in Japan (Sebald) to the Secretary of State
The Acting Political Adviser has the honor to enclose five copies of a press release dated December 12, 19478 in which it is announced that the General Contractors’ Association, formerly utilized by the Japanese Government as a control association, will be designated as a closed institution by March 1, 1948. The press release contains a statement by Mr. Edward C. Welsh, Chief of the Anti-Trust and Cartels Division of the Economic and Scientific Section of this Headquarters, in which he states that closure and dissolution of the Association will permit the rise of democratic trade organizations which will be encouraged to raise the ethical standards of the construction industry, perform useful research and investigation and represent the industry before the public.
- Not printed.↩