Word: coppers
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Dates: during 1930-1939
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...welcomed by British officials and most of the populace. Trinidad understood what brought him. A courier had just arrived from Cayenne, French Guiana, with word of a drastic administrative reform inaugurated by Governor Bouge. Most of French Guiana is unexplored. Preliminary surveys show traces of gold, silver, lead, copper. There are phosphate deposits and valuable rosewood forests. But French Guiana, as all the world knows, is also France's penal colony. Young Frenchmen wall not go there to colonize. Therefore, by order of the French Government, it has been decreed that in future only a coastal belt 25 miles...
Unrestricted by last year's agreement (effective only Dec. 1), the main copper districts of the world produced as follows in 1930: (Short Tons) United States...
Instead of improving the copper market has grown steadily worse. Month after month the stores of copper above ground have mounted to a new record high. In its present state the world finds it can use just about 85,000 tons of copper a month, 1,020.000 tons a year. It was simple to figure out that if everyone cut his present production 50% the cooperating producers would have their output down to 55,000 tons a month. To this must be added about 30,000 tons a month from noncooperating mines mostly in Japan, Germany & Russia, the total bringing...
Conferences last week were on what the copper industry calls an "informal basis," the customary dodge to get around the Sherman Act. But not only were conferences informal, they were just about over. Emile Francqui, chief of the Katangans, departed for home. A. Chester Beatty, chairman of Rhodesia's important Roan Antelope Copper Mines, Ltd., said he was sailing Friday night; MM. Pisart & Gutt took passage on the Saturday sailing of the Ile de France. The conference looked like a failure. Then someone made a mysterious move and the foreigners stayed...
Opinion was that if no agreement was reached, another way would be found to tame Katanga. Failing output reduction, U. S. and English coppermen might get their countries to enact copper tariffs. England is Katanga's best customer...