Word: cartelism
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...Because the deposits are alluvial, they can be "dredged." Each cubic yard of dredged earth yields about half a pound of metal. Annual output of the company varies according to quotas set every three months by the International Tin Committee. Bases of the cartel allowances, which apply to about 90% of the world's production, are 1929 outputs. In 1935, working at 42% of rated capacity, Yukon Gold turned out 1,118 long tons of tin. Selling its metal for an average of more than 47? per Ib., the company made $454,100 for the year...
...price, thus keeping most of U. S. copper inside its own stockade. Last week, for the first time since 1931, foreign copper prices spurted past the U. S. quotation, rose to 9.95? per lb., compared to the current domestic price of 9.75?. As the price climbed, the foreign copper cartel announced that next month they would increase production from 75? to 80% of capacity. Purpose: to give a war-scared European market all it wants, keep U. S. copper men from cashing in on the higher price abroad...
Producers have formed an international cartel. New York reported it, London denied...
...Oppenheim theory of history in suggesting that Sir Basil Zaharoff was once regarded as the power behind the Service, that it "was not altogether ignorant" of the true reasons for the mysterious deaths of Alfred Loewenstein and Prince Radziwill. Their attempt to form rayon companies and a European steel cartel menaced the industries of the clay-headed colossus...
...prideful pointing. He never has. The most conspicuous thing about Mr. Weber and his company is secretiveness. He has never made a public speech, written a paper, submitted to an interview or posed for a photograph. His company has never joined either a trade association or a cartel or the NRA or a chamber of commerce. He had no bankers because he never needed them. The chemical industry is necessarily mysterious business but, with Allied's brilliant dictator, mystery was almost a fetish...