This is the current rubber situation as it affects this country.
The U. S. consumes 75% of all the latex (sap) milked from rubber trees throughout the world. Great Britain, with Dutch assistance, controls the world's rubber supplies and, through its (Sir James) Stevenson Restriction Plan, the prices of crude rubber.
The Stevenson Plan went into effect in Malay States, Straits Settlement and Ceylon on Nov. 1, 1919. Rubber had sold as low as 11½c a pound in 1921, well below production costs. The Plan immediately restricted output to 60% of tree capacity. Every three...
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