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"GOING SLOW"

x . ■ ■■■■ ■ . .. • .■ '••■"' " ■ .- •■. Rubber Capitalists Restrict I Output 5.. A CASE FOB THE WEEL-OFED. 3 - LEAGUE. : l .■ ■ . ~. After the Armistice, Government p spokesmen (says the British Labour Party's "Labour Press Service) were J tireless in preaching "more produc- „ tion" to the workers; now the Colonial I Office is giving official sanction to a policy of "less production." , The Committee appointed by 'the - Colonial Secretary to investigate the rubber situation in colonies and protectorates recommends export duties on a graduated scale where total exports exceed 65 per cent, of standard production, for which purpose they r take the output of 12 Months in , 3 1919-20, 'r -. ' KEEPING PRICES UP. . fc If, after three months, the price of " rubber has not averaged at least 1/----3 a pound the percentage of standard * production exportable is to be re.duc--3 ed to 55 per cent. t Should this reduction not raise the " average price to 1/3, the 'pex*centage * for the ensuing quarter is to be re--1 duced a further 5 per cent.; I - The Committee conclude' their re--1 port by Observing that; apart from * the financial relief that ktay be ex--1 pected to accrue to all rubber profc ducers from the scheme, the 1 discour- " agement It affords to more drastic I tapping cannot but benefit the estates i of those managements who are volun- * tarily or compulsoriiy associated with the scheme, and leave thorn ultimately in a stronger position than the estates whose.trees have been subjected 1 to tapping on an extended scale. " j RUBBER -GROWERS' INTRIGUE. The proposals are to be submitted 5 to the Legislatures of Ceylon and * Malaya. 1 iFor a long time strenuous efforts * have been mad© by the Rubber Growl ers' Association to. induce; the Dutch * Government to co-operate in a ca'- * canny policy, but these overtures met with a flat refusal. 3 -Now the Rubber Growers' Associat tlon claim to haVe induced British ' growers in DUtch colonies to agree to } a voluntary restriction of output. What will be the effect of this ca- ,- ---y canny policy t Rubber shares and dlp vidends will appreciate, eventually, but the British consumer will pay. J THE CONSUMER PAYS. ' Everything* into which the conipor sition of rubber enters will be dearer. Costly tyres mean heavier transport - charges: the consumer will pay. Aγ- ) tides of household use, such as babies* i teats, rubber perambulator tyre 3, hot t water bottles and a host o£ other comi modities will co§t mbre: , the house-. i wife will pay. ' But til© rubber caagr . nates will make, 'bigger . as they din theii'/'more prbdubtlou'- Stanl % into the ears of the toilers,

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https://paperspast.natlib.govt.nz/newspapers/MW19221220.2.70

Bibliographic details

Maoriland Worker, Volume 12, Issue 303, 20 December 1922, Page 14

Word Count
433

"GOING SLOW" Maoriland Worker, Volume 12, Issue 303, 20 December 1922, Page 14

"GOING SLOW" Maoriland Worker, Volume 12, Issue 303, 20 December 1922, Page 14