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...proportion. During the War prices were about 50¢ a pound. Following the War, prices dropped to around 17¢. A fair price is somewhere in the neighborhood of 30¢ or 35¢. Following the War the British rubber producers were in much the same trouble that U. S. agriculture is in today???overproduction and ruinously low prices. To remedy this a special type of export tax was devised to reduce the production of rubber. It was so arranged as to discourage production when prices were low, and to allow larger production during periods of high prices. The measure went into force...
...months; but, although traders have piped, the public refuses to dance. In consequence, the repeated spurts and reactions of highly speculative issues on the Exchange during recent weeks have had, for the, most part, no real significance for the future of trade. Yet the very condition of the stockmarket today??? spotty, inflated in one place and apparently promising in another?is perhaps the market's way of prophesying a similar general condition in U. S. business during the balance...
...mine, there are some compensations. I can look back over the period and see the evolution of the Army from a small body of highly specialized Indian fighters, for the most part remote physically and mentally from the great mass of their fellow-citizens, into the Army of today???Regulars, National Guard and Reserves?two-thirds of which are civilians participating in the business, political and social lives of their various communities, but none the less integral factors in the national scheme of defense...
...Buchan is famed as historian and editor as well as novelist. An extended review of his NATIONS OF TODAY???Houghton (6 vols., ?$30.00 0 was printed in TIME, Feb. 25 (Foreign NEWS...
...NATIONS OF TODAY???Edited by John Buchan?Six Volumes Published: British America, Baltic and Caucasian Republics, France, Italy, Japan, Jugo-slavia?Houghton Mifflin ($5.00 a volume...