National Affairs: Rubber

The Secretary of Commerce, short and rotund and intent on business, appeared last week again before the House Committee on Commerce, which he recently provoked into an investigation of foreign price-control of rubber, coffee and other products. He declared that since the committee began investigation prices had fallen from $1.10 a pound to 85¢ (and even lower) on rubber; that users had already planned two corporations to seek relief — one with a capital of $10,000,000, the other with a capital of $50,000,000. He repeated that he did not favor reprisals, but declared...

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