A2B—Lancaster Famine, Saturday, June 6,1981
WASHINGTON, D.C. - The
Republic of Korea, which has
received more than $2 billion in
Public Law 480 Title I and Title II
agricultural assistance over the
past 26 years, has ended its last
assistance agreement with the
United States and subsequently
will buy only on commercial
terms.
Alan T. Tracy, general sales
manager for the U.S. Department
of Agriculture’s Foreign
Agricultural Services, says Korea
is a prime example of the market
development benefits to the United
States and the recipient country as
a result of the P.L. 480 program.
“A title I recipient since 1955,
Korea has developed internally
and has grown into the seventh
largest market in the world for
U.S. agricultural products,” Tracy
says. “U.S. agricultural exports to
Korea have grown from $42.8
million at the outset of the
program in 1955 to $1.6 billion in
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Ag aid to Korea ends
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fiscal 1980.
Korea was the United States’
largest export market for nee in
fiscal 1980 with purchases of nearly
$220 million. Its cotton purchases
of $474 million and hides and skins
purchases of $93 million put it in
third and fourth place, respec
tively, for these commodities.
Other major U.S. agricultural
exports to Korea in fiscal 1980
were: wheat and wheat products,
$287 million; feed grams, $271
million; soybeans and soybean
products, $l2l million; tallow, $55
million; and tobacco, $45 million.
During 1955-81, the United States
provided Korea with $1.66 billion in
concessional credits under the P L.
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480 Title I program and $405
million worth of food grants under
Title 11.
The final P.L. 480 loan for the
purchase of $27 million worth of
U.S. wheat was signed in Seoul on
May 18 by Korea’s Deputy Prime
Minister Byong Hyun Shin.
Minister Shin said the signing of
the loan agreement marked both
the beginning as well as the end of
an era. While the P.L. 480 program
in Korea was being phased out.
Stun saw the occasion as “the
beginning of a new approach to
cooperation m the agricultural
sector” between the United States
and Korea.
JOHN R. EBERSOLE
Contractor & Builder
RD 5, Box 190, Manheim, Pa. 17545
Phone 717-665-6861
See your nearest
HOLLAIND
Dealer for Dependable
Equipment and Dependable
Service:
Alexai
Clapper Farm
Equipment
Star Route
814 669-4465
AnnviHe. PA
BHM Farm
Equipment, Inc
RD 1
717-867-2211
leavertown. Pi
B&R Farm
Equipment, Inc
RD 1, 80x217A
717 658-7024
lernviUe. PA
Stanley A Klopp, Inc
Bernville, PA
215-488-1510
Carlisle. PA
Paul Shovers, Inc
35 East Willow Street
717-243-2686
Catawissa. PA
Abraczmskas Farm
Equipment, Inc
RD 1
717-356-2323
Chambersburg, PA
Clugston
Implement, Inc
RD 1
717-263-4103
Davidsburg. PA
George N Gross, Inc
R D 2, Dover, PA
717-292-1673
Elizabethtown. PA
MessicK Farm
Equipment, Inc
Rt. 283 - Rheem’s Exit
717-367-1319
Gettysburg, PA
Ymglmg Implements
RD.9
717-3594848
Greencastle. PA
Meyers
Implement's Inc
400 N Antrim Way
PO Box 97
717-597-2176
Halifax. PA
Sweigard Bros
R D 3, Box 13
717 896-3414
Honey Brook. PA
Dependable Motor Co
East Mam Street
215 273-3131
215 273-3737
Hi
lonev Grove. PA
Norman D Clark
&Son, Inc
Honey Grove, PA
717 734-3682
Hughesvilte. PA
Farnsworth Farm
Supplies, Inc
103 Cemetery Street
717 584-2106
Lancaster. PA
L H Brubaker, Inc
350 Strasburg Pike
717-397-5179
ibanon. PA
Evergreen
Tractor Co, Inc
30 Evergreen Road
717-272-4641
Litite, PA
Roy A Brubaker
700 Woodcrest Av
717-626-7766
Lovsville. PA
PaulShovers, Inc
Loysville, PA
717-789-3117
Lynnoort. PA
Kermit K Kistler, Inc
Lynnport, PA _
215 298-2011
Martmsbure. Pi
Forshey s, Inc
HOForsheySt
814 793-3791
Mill Hall. PA
Paul A Dotterer
RD 1
717-726 3471
Nazareth. PA
Edwards Farm
Equipment
291 West
Moorestowri Rd
215-759 0240
ABC Groff, Inc
110 South Railroad
717-354-4191
New Park. PA
M&R Equipment Inc
PO Box 16
/17 993 2511
Olev. PA
C.J Wonsidler Bros
R D 2
215-987 6257
Palm. PA
Wentz Farm
Supplies, Inc
Rt 29
215-679 7164
Pitman. PA
Marlin W Schreftler
Pitman, PA
717-648 1120
Pleasant Gap, PA
Brooks Ford Tractor
W College Ave
814-359-2751
Ouarrwille. PA
C E Wiley & Son, Inc
101 South Lime Street
717-786-2895
Big Valley Sales
& Service,
Inc
PO 80x548
717-667-3944
Rmgtown. PA
Rmgtown Farm
Equipment
Rmgtown, PA
717-889-3184
Shippensburg, PA
R B Miller, Inc
N Seneca St
717 532-4178
Silverdale. PA
I G Sales
Box 149
215 257-5135
Tamaoua. PA
Charles S Snyder, Inc
RD 3
717-386 5945
Ihester. PA
M S Yearsley & Son
114-116 East
Market Street
215 696-2990
West Gn
SG Lewis & Son, Inc
R D 2, Box 66
215-869-2214
Churchville. md
Walter G Coale. Inc
2849-53
Churchville Rd.
301-734-7722
Rising Sun, MP
Ag Ind
Equipment Co, Inc
1207 Telegraph Rd
301-398 6132
301-658-5568
215-869-3542
Bridgeton. NJ
Leslie G. Fogg, Inc
Canton &
Stow Creek
Landing Rds
R D 3
609 451 2727
Frank Rymon & Sons
814-793-3791
Woodstown. NJ
Owen Supply Co
Broad Street &
East Avenue