RUBBER TRADE CONTROL.

New Zealand Herald, Volume LXIII, Issue 19221, 9 January 1926, Page 9

RUBBER TRADE CONTROL.

OPINIONS IN AMERICA. MR. HOOVER TAKEN TO TASK. CRITICISM AT THE INQUIRY. By Telegraph—Press Association—Copyright. (Received 10.10 p.m.) A. and N.Z. ' WASHINGTON. Jan. 7. At the continuation of the inquiry by the Commerce Committee of the House of Representatives into foreign control of rubber prices, the activities of the Secretary for Commerce, Mr. H. C. Hoover, were attacked by Mr. Black, of New York, a Democrat member of the House of Representatives. He characterised Mr. Hoover's arguments as propaganda for rubber interests. Hero we are, expanding tyre companies, ' sooling ' faithful Hoover on to the British lion just when they were about to inflate prices," said Mr. Black, who asserted that the price of crude rubber had little to do with the increase in prices of tyres, except to furnish " an excuse to our extortionists." Mr. Black expressed the opinion ETiat the rubber inquiry probably aimed at having the Government draw up a bill of complaint against Britain for presentation to the World Court. He added: "Then Britain will come into the World Court with Sir Robert Home with a complaint against the tariff. Then you can imagine who will get judgment and how much it will be for." Mr. Connally, of Texas, a member of the House of Representatives, asserted that tho committee should turn its attention to monopolies in America, over which Congress has legislative power. He advised tho committee to take a look at " tho trustp that are running between its legs " and not spend all its time attacking foreign monopolies. Mr. Celler, of New York, a Democrat member of the House, said: " Mr. Hoover has ranted and railed against the British and yet has encouraged monopolies in this country." ' i