Word: rubbers
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Dates: during 1920-1929
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This is the current rubber situation as it affects this country...
...consumes 75% of all the latex (sap) milked from rubber trees throughout the world. Great Britain, with Dutch assistance, controls the world's rubber supplies and, through its (Sir James) Stevenson Restriction Plan, the prices of crude rubber...
...economics ran somewhat as follows: "Now, U. S., do you know that you only make up a little over 6% of the world's population, and yet you are so industrious that you consume between 37% and 75% of the world's production of coal, iron, copper, rubber, petroleum and many another commodity? The reason for this phenomenon is simple. Your industries which manufacture competitive products are protected by the tariff. Hence your labor is kept busy, your standard of living is high and you can buy from other countries...
Fruit flies and other insects withered under a fraction of a second's exposure, soon died. A rubber-plant leaf oozed white latex from millions of tiny punctures at one short dose...
Restrictions. Emphasis was given to Secretary Hoover's fulminations against European restrictions on the export of raw materials, last week, by an announcement from the British Colonial office that their policy will be continued for another year with respect to restrictions on the rubber exports from Malaya and Ceylon. Ergo, U. S. consumers will pay a higher price for rubber...