McDonnell Douglas Sale Inquiry Wins Support
The Los Angeles City Council, faced with a slate of resolutions supporting domestic industry, voted Wednesday to support a congressional inquiry into the proposed sale of part of McDonnell Douglas to foreign buyers.
The council voted its support for Rep. Mel Levine’s resolution asking President Bush to conduct a 60-day inquiry into the proposed sale of 40% of McDonnell Douglas Corp.’s commercial aircraft division to the Taiwan Aerospace Corp. But the council backed away from a resolution that would have had the city ask the president and Congress to intervene in the sale.
The council unanimously approved a resolution that “the president and the Congress be urged to make their highest priority assistance to the American workers and reinvestment in America.” But a fourth motion that would allow the city to give purchasing preference to products made, supplied or leased from U.S. companies was sent to the Administrative Services Committee.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.