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U.S. Farmers Get a Lesson In Global Trade
Cotton Ruling Demonstrates WTO's Power Over Markets
By Paul Blustein
Washington Post Staff Writer
Wednesday, April 28, 2004; Page A01
It took Texas cotton farmer George Hoelscher a few minutes yesterday
to get his mind around the news that a panel of judges sitting in
Geneva, Switzerland -- one from Poland, one from Chile and one from
Australia -- had issued a ruling that threatened his livelihood.
But upon learning that the judges were with the World Trade Organization,
and that they had ruled U.S. cotton subsidies to be in violation
of international trade rules, Hoelscher began to perceive some dark
truths.
"We're losing our sovereignty in a lot of ways," said
Hoelscher, who farms 1,200 acres of cotton near Corpus Christi and
collects up to $15,000 a year in federal subsidies, depending on
prices. "This is one more way, having these people dictate
to us, along with the United Nations and so forth."
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