Business & Finance: Potash and Klein

Secretary of Commerce Hoover grew downright irritated last week at the jugglery of the German-French potash monopoly. His Prospero* calm had left him. He ordered that $100,000 be given to national geological survey and bureau of mines explorers to hunt for potash deposits in Texas.

Dr. Julius Klein, his director of the bureau of foreign and domestic commerce, had much to do with this anger of the Secretary. Dr. Klein really is Ariel to Prospero Hoover. With his soft, eager voice he had been telling his chief that the German and French...

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