THE RUBBER TRADE
U.S. PLANTATIONS. NO GOVERNMENT LOANS. PRFXI DENT’S ATTITUDE B V C A ISLE- -PR ESS ASSOCIATION—COPY 810 lIT. NEW YORK, Jan. 8. Mr Calvin Coolidge, President of the Cnited States, lias made clear his disapproval of any proposal tor Government loans for the development of American -co n t ro 1 led rubber plantations. Sucli a suggestion came from the president of a large rubber company before the Commerce Committee of the House of Representatives. He proposed Government loans to private corporations for planting large areas in the Philippines with rubber. Mr Coolidge not only opposed such a policy, but lie sees no occasion tor Government aid tor rubber planting, be ieving that American manufacturers bate adequate funds for the purpose.-
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Bibliographic details
Hawera Star, Volume XLV, 11 January 1926, Page 5
Word Count
124THE RUBBER TRADE Hawera Star, Volume XLV, 11 January 1926, Page 5
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