RUBBER: Reform

The International Rubber Regulation Committee, with almost nothing left to regulate, last week decided on a new course — cooperation. IRRC's life expired on Dec. 31. But the Committee, created in 1934 by Dutch, French, Siamese, British and Indian Governments controlling over 95% of the world's crude rubber production, refused to die. It extended its feeble life for four more months, during which time it proposed to reincarnate itself as a "more widely representative committee for consultation and collection of information." Rubber-consuming countries (such as the U.S.), which were kept...

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