Word: rubbermen
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Although U. S. rubbermen use one-half the world's rubber, they have nothing to say about production, which is largely in the hands of the British, the Dutch and the French. Sitting in at Brettenham House...
George Taylor Bishop, 67, president of Continental Shares, Inc., gave a luncheon party in Manhattan last week for rubbermen and bankers. Cyrus Stephen Eaton, founder of Continental Shares, was not among the 32 guests but had he been he would have approved of everything that was done...
More fortunate were the producers of copper, far less numerous, of course, than sugar and rubbermen. After almost breaking up, a world conference in New York agreed to curtail production from 26½% of capacity...
Chief of the difficulties however has been with native labor. If orientals could be imported, rubbermen think the project might succeed. As it is, even the high Ford wage-scale has not attracted more than 2,000 where 5,000 are wanted. Riots and strikes have broken out; hospitals have been and are busy. A writer in India-Rubber Journal (London) last fortnight said liquor consumption on the plantation has increased 1,000%, a cabaret has opened adjacent to it. Rubbermen last week said the Ford plantation's closing down was only a matter of days...
With the industry in a bad statistical position and consumption dropping, there was no immediate assurance for rubbermen last week. But there remained knowledge that the immutable law of supply & demand, victor over every plan so far, will eventually force weak companies out," enable the situation to mend itself...