Word: askwith
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Dates: during 1928-1928
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...Lord Askwith of St. Ives (1st Baron), tin magnate in the Straits Settlements mines, blew a double-stopped yet harmless blast of exaggeration at the Royal Colonial Institute held in London last week...
...Lord Askwith's object was, of course, to boost the price of tin by suggesting that it might soon be as rare as gold. But London tin dealers were deaf to Lord Askwith. They put down the price of tin by nearly $11 per ton and in New York tin lost ⅛? per pound. Guggenheim interests and the National Lead Co., largest U. S. tin producers, have frequently warned the U. S. of a world shortage of tin by 1940. U. S. prices, however, over the last four months have gone down to 50? a pound from 65?. British...