New-York tribune., 1890-01-03
TO BULL THE PRICE or RUBBER.
HOW THE CONCESSION WAS OBTAINED.
PETITIONS FOR INTERFERENCE SENT TO Wash
INGToN AND LONDON.

PETITIONS FOR INTERFERENCE SENT TO "Nhh
INGToN AND LONDON.
The merchants Of New-York received 10y ye'ter-
DAYS mail additional particular, IN regard TO tIo
concession granted to the Compania Mcicantl bY th5
Provincial Government Of Para, which has cau'ed 80
much comment both in this country ana ITal"
When asked in regard to the difficulty, {. X. fIHt
said that one Of lis p0ndcnts. Who Is not l inc
rubber monopoly and who does not believe IN
rnonopole, i'm which he is not included, had written
him follows
we cabled YOU on the 18Th that this concession
,ad been granted and again on the same date We sent
mother message conveying action Of iml0t"rs bY u'
nail w. send YOU copio, Of the "pIoyuca" under dto
# December 49, explaining the whole PROJECT In No"
t is simply this: We pay an extra 20 lels f hlo uNY
IN every kilo OF Island rubber export Inc sH uU7
received is 70 be paid monthly ir~tanen' To ue
-o,narba Norrantu to enable them hun The prc- ot
ubber The Mercantn gives no pG&iane- Tor Us ea-2
o put up and sustain prices This conce--o" gives tIs
Mcrcantn clear advantage Of 80 contos say foooVo
er annum openly states that u 20 I'' SAo!u
,o s,,f to force prices higher Level, he VIII AK
trher concession OF Total Of 80 Iei-, which would
rive the Morcantl a margin of 500 600 per annum.
BY the Ansen, sailing yesterday protest was rh1 pF
ENGLISH houses here the iofren Offices ih England ana
~ m. Auauca which leaves for Ncw-York in few
laws protest VIII the United States Government
no oanosition is active, but without assistance from
broad nothing be done
MessYs Charles LOwenthal & co. also received de
,alea accounts of the petition to the Government
and the counter petition member OF the firm
said
"It is onite amusing 10 note the way TINS tmng
mas feen brought about. The Conpanina Mcr
cantu induced a number Of receivers Of rubber in
para to send a petition to the Government asking 1t
10 grant the concession 10 tho Companha, IN order
that urices might be sustained. These receivers VINO
signed the petition were also stockholders OF the
ronuanha Ncrcanil ON the basi, of this support the
Mercantil petoncd the Government 70 issue decree
allowing the increase Of duty for their benefit aud
gayinr that thev were willing 10 show their balance
sheer 10 the authorities in for this aid and 10
nay 10 the Government any profit which they may
nave gained. As is well known, the new Governor
has been the attorney the COmpanha Mercau,l and
: interested in it, too. He thercupon sends The pc
ion to the Chamber of Commerce TO get the opinion
IF the members upon the subject. These members,
again. arc also interested in the Companha Mercanl
and In fact are the people. They returned tho
peti.ion strongly indOr-ed, only Objecng 10 the pro
possl OF the Mcr,antil 10 give MP any annual profits
to the Government. ON the ground that a bad year
with a deficit might follow good with gain.
The Governor convinced Of the justice OF this and
granted the decree in accordance with this opinion"
We have also received word that the merchants
rablcd 10 the United Minister at RIO 10 regard
To the matter and that be answered that he had
already sent word 20 Mr.. blaine
Tie prOtest which IN circulation ln tl. city aud
poston has been forwarded o. Washington awaiting
tbe action % the Government
According 20 dispaichcs exchange advanced yester
aay 70 % - showing feeling u greater confidence
m