Evening star., 1928-04-29

struetion or reduction of trade barriers
of every kind"
In its editorial of the same date. the
Manchester Guardian states that sur
prise and indignation with respect to
the announcement are uncalled Tor,
continuing: Restriction has acted as
bounty TO the unrestricted Dutch
planters and created thriving Ameri-
can industry III reclaimed rubber. 1t
has been the legitimate cause OF inter-
national complaint and in general pro-
vided a conspicuous example of the APP
parcntly inevitable misfortunes which
attend government interterences with
trade The rubber industry
will doubtless some day emerge stronger
and healthier for the removal, but It
would be stronger and healthier still If
the operation had been performed
sooner"
Views of Telegraph.
The London Telegraph, after COM
menting on the sudden fall in the mar
ket values OF rubber, says;
There were even some advocates OF
immediate abolition, but these were In
a small minority. and such decision
would certainly have caused n more
catastrophe fall The governments se~
lection of November /. however has
certain definite advantages. 1t will
give the companies time to look around
and make their plans to meet the
altered situation, especially the smaller
companies. which will be hardest hit.
Their chief hope of salvation
viii lie in amalgamation with or alb
sorntion by stronger and larger COM
panieS Cith adjacent estates,
We arc likely to see production to
capacity during the next few months.
and accumulation Of stocks in prepara-
ton for the day when they can be put
ON the market without restriction.
The best hope Is that Dutch
rubber interests will now be persuaded
that the time has come for them to
enter into an understanding with the
British rubber interests for the Stnbili-
cation of rubber at n price which shall
leave the growers a reasonable margin
of profit"
And in "the city" column. the Tele-
graph states: while ii had been gen.
orally accepted that restriction Was
doomed. il had been expected thati a
much longer period than six months
would be given for the planters, mar
ket and manufacturers to adjust thefa-
selves 10 'he changes The SURPRISE
ing thing is, il the government was
l1IlUeiICHU III ltS uSAAs1bAl ~ ttthS ttfschiN
steps in the hope that Dutch growers
will agree to a scheme. that there Is no
confidence that the maneuter VIII bring
about efTectual cooperation among all
concerned"
Grow Own Rubber.
The Morning Post of London asks.
What is TO happen now?" and takes
the following reasonable view; The
Dutch. who have a wonderful aptitude
for getting things both ways, having
made their profit when British planters
were keeping their restrictions, are now
proposing TO cooperate.
"A voluntary scheme Of regulation
covering both British and Dutch, may
result. or our people may decide to
leave things 10 take q free course. The
best that could happen is a steady sup
ply at reasonable price, low enough to
extend and encourage the consumption
OF rubber. high enough 10 give the
planter fair profit,
The nub of he whole situation. as
far as this country Is concerned. lies In
American production of crude rubber
on American soil. by Americans. Then
the :4sitish or the Dutch. or any one
else, may put all the restrictions on
their own production they see mt to
levy. and We can let them go hang.
Meanwhile. America is not without
hope that Edson'S Florida experiments
and the research work of our chemists
may flnd some domestic plant that VIII
produce the latex which makes the
tires on which the automobile runs.