One of the striking developments of business this Spring has been the practical break-down of the British plan to stabilize rubber prices.
The collapse of rubber prices was serious to Britain, who has large investments in rubber plantations. Thus, when the "Stevenson Scheme" to raise and maintain rubber prices by curtailed production was announced, the British entered into it with enthusiasm, although different interests failed to agree to the price at which crude rubber should be held.
Unfortunately for the rubber manipulators, 70% of rubber production is sold in the U. S. American...
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