Crude Rubber, Coffee, Etc: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representatives, Sixty-ninth Congress, First Session, on H. Res. 59 ...U.S. Government Printing Office, 1926 - 373 páginas |
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Palavras e frases frequentes
100 per cent 36 cents acres American Association of America automobile BOWER British BURTNESS cents a pound CHAIRMAN colonies companies consumer consumption cooperative cotton crude rubber dealers DENISON Department of Commerce Dutch East Indies Eric Miller estimate export figures FIRESTONE foreign GARBER Government Master Specification HOCH HUDDLESTON increase interest investigation KLEIN labor Liberia long tons MAPES MCKEOWN MERRITT motor Muscle Shoals NEWTON nitrates PALMERTON Panama percentage Philippines plant plantation rubber plantations potash present price of rubber price of tires profit question RAYBURN reclaimed rubber Rubber Association Rubber Growers rubber industry rubber manufacturers rubber plantations rubber production RUTHERFORD Secretary HOOVER SEGER SEIBERLING selling SHALLENBERGER Sir Robert Horne sisal situation standard production statement Stevenson Act Stevenson committee Stevenson plan Stevenson scheme stocks tariff thing tion to-day tons United VILES WHITFORD wild rubber WYANT
Passagens conhecidas
Página 13 - A policy of restriction can only be a temporary palliative, but, in fixing the price which shall govern the alterations in the percentage of standard production exported at the minimum rate of duty, the committee arrived at what they believed to be a figure which would insure a satisfactory margin of profit, notwithstanding the somewhat higher cost of a restricted crop.
Página 3 - ... attempts upon other commodities. It is the belief of the department that this development will be retarded by the demonstration of practicable defense action in the case of rubber during the last fiscal year. The object of these controls is universally asserted to be to stabilize prices to both producers and consumers at fair rates; and we would probably not be considering the question to-day if all these combinations had been content with fair returns, no matter how much we might object to them...
Página 1 - The Committee on Rules, on rules, joint rules, and order of business; the Committee on Elections, on the right of a member to his seat; the Committee on Ways and Means, on bills...
Página 6 - ... and always will be, that the just complaint of consumers drags our Government into relations which should be left to the higgling of the market. This injection of the Government inevitably results in the arousing of national feeling. It may safely be said that if governments were not involved and the prices rose equally high, there would be no national feeling aroused, because under such conditions the consumer realizes that high prices are stimulating production and that relief is sure to come;...
Página 2 - There are at present governmentally controlled combinations in nine raw materials (Egyptian long-staple cotton, camphor, coffee, iodine, nitrates, potash, mercury, rubber, and sisal). At present prices, if we maintain our present rate of consumption, these commodities will cost us about $1,200,000,000 for 1926. There are some other virtual monopolies more indirectly influenced through benevolent policies of the interested governments rather than direct and constant trade control, such as quinine...
Página 30 - States lias become the largest consumer of Chile nitrates. The Chile Nitrate Producers' Association embraces all producers of nitrate with the exception of two American companies which are operating in Chile. The Chilean Government is directly a party to the association, 4 of the 18 directors being appointed by the President of Chile. Production is controlled through allocation of quotas and prices are fixed. The Associated activities on the part of nitrate interests have been more or less in effect...
Página 59 - That are at least alike in purpose although they may be a little different in substance. (The letter referred to is here made a part of the record, as follows:) HOUSTON, TEX., February 9, 1929.
Página 4 - Alternatively, it has been suggested that we might set up such combinations in our own country over materials which we control, either singly or jointly, with one or two other major producers, thus getting our share of the profits in this game.
Página 7 - It is this intrusion of governments into trading operations on a vast scale that raises a host of new dangers — the inevitable aftermath of any such efforts by political agencies to interfere with the normal processes of supply and demand. . . . "Our people will resist. Building up resistance is not a pleasant job, because it is necessarily subject to misrepresentation, but to say that our people must tamely submit is intolerable.
Página 11 - A certain percentage of the total standard production was allocated for exportation in each quarter-year, depending on the average price of rubber during the preceding quarter. For the first three months during which the restriction act was in force exportation was set at 60 per cent of the total standard production. An average price of Is. 3d. to Is. 6d. (roughly 30 to 36 cents) during a stated quarter would bring about the release of an additional 5 per cent of the standard production; an average...