Business & Finance: Caoutchouc

Thomas A. Edison, Harvey S. Firestone and Henry Ford give, at inter- vals, a thought to the production of rubber in the U. S. Last week, Mr. Firestone gave an interview. His points:

1) A great part of the world's rubber is under British control. In 1922, the British Colonial office, headed by Winston Churchill, pursuaded Parliament to limit rubber production in the Empire and to reduce exportation to 60% of the normal production. The price of rubber promptly advanced from 15 to 37c. a pound.

2) Last year, "Winnie" Churchill became Chancellor of the Exchequer,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!