Word: cartelism
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...Malaya and Dutch East Indies are the gainers. When cocoa rises 1½¢ per lb. from its year's low of 4¼¢, as it did last week, native growers all along Africa's west coast rejoice. The fact that tin is being held tight by a tight-fisted cartel at 52¢ per lb. means steady employment in Bolivia, Siam, Nigeria, Dutch East Indies and the Malaya States. When silk rises from its Depression low to its price last week of $1.20 per lb., Japan can and does buy more scrap steel from the U. S. Sugar...
...other piece of news need to be "interpreted"? He cannot do better than consult that powerful journalist, Francois de Wendel, who owns a majority interest in Le Journal des Debats, is the head of the group that in October, 1931 (jointly with the Comite des Houilleres, the coal cartel), purchased the semiofficial newspaper of the French government, Le Temps, controls the Journee Industrielle, and is a power in the management of Le Matin and L'Echo de Paris. Yet for all the illustriousness of this multi-sided man, the newspapers of France almost never mention his name. He does...
...Comite des Forges is not as it has frequently been called, the "French Steel Trust." It is not a cartel. Individual French iron and steel companies are bound together by rigid agreements covering quotas and prices in to great groups like the Comptoir Siderurgique de France or into lesser ones like the Comptoir des Rails or the Comptoir des Demi-Products. The Comite cannot be said to "combine" these organizations; in actually, however, it remains the most powerful iron and steel organization in France. It does not sell; it does not produce. Its activities are more subtle, more delicate than...
...representative of ruthless capitalistic monopoly and his struggle with the frigidity of his best friend's wife. Wazemmes and Haverkamp are still on the scene, wrapping their tentacles around Parisian real estate; and the sensitive liberal, Gurau, and his rationalized surrender to the corruption of the oil cartel. The two most interesting figures, however, are the young students, Jallez and Jerphanion, the one attempting to recapture the purity of his love for Helene Sigeau, and the other just emerging from the crises of adolescence and still struggling in the tolls of youthful lust. Both of them are seeking, amid...
...lawyer, came down from the North with a plan to get the whole world to cut sugar production, President Machado gave him practically plenipotentiary powers as representative of Cuba. With those powers Chadbourne argued the big sugar growers of the world to agree to world restriction. He got his cartel working just as Depression hit the world at large. When Cuba could stand no more Depression Machado was ousted. Last week was Chadbourne's turn. President Grau San Martin issued an edict ousting him from the presidency of National Sugar Exporting Corp., keystone of the Chadbourne sugar cartel...