SHARP PRICE FALL

Feilding Star, Volume 9, Issue 3678, 23 March 1932, Page 5

SHARP PRICE FALL

FAILURE OF SC HEME TO RESTRICT RUBBER SURVIVAL OF THE FITTEST \A\ia t and N.Z. Cable) Rugby, March 21. Tlie decision yea died by the Go. vernments of Gijeat Britain and tlie Netherlands as to the impossibility oj devising a scheme far a. restriction of the rubber output was not unexpected, although it comes as a severe disappointment to some quarters to have a. sharp fall. The general comment- is that it is at least satisl“actou*y to ma.ke a definite decisioin. Tlie Daily News says: “To lia.vo given an indefinite decision would have meant that tlio industry would ha vie- continued to drift. Some 'people think that the definite (refusal to restrict will speedily bring n curtailment of the present over-prod action.”