LATIN BRANCHES HIT BY BLACKLIST; U.S. Companies Face Penalties in Argentina and Brazil If They Refuse Orders BLACKLIST UPSETS U.S. LATIN BRANCHES
American manufacturers operating subsidiary plants in Argentina and Brazil last week sought a way out of the predicament into which they have been thrown by publication of the official American blacklist. Delicate problems of policy with severe penalties for mistakes confront American producers in attempting to reconcile business operations of their subsidiaries with blacklist demands and at the same time remain within the laws of the two countries in which they operate.