TIN MARKETING
Malaya has voted in favour of the tin buffer stock scheme. The |*mposal was carried by a" two-to-one majority. The Dutch East Indies, Bolivia and Nigeria also favour the scheme. The British Government has decided to ac cept it in principle, subject to tin l satisfactory negotiation of a detailed scheme. The pool will buy tin when the price of the metal falls 'below £2OO a ton, and will se ll when it is over £230. It will be started with contributions equivalent to 7 \ per cent of the 1929 standard tonnages. Operations will be controlled secretly from London.
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Bibliographic details
Pahiatua Herald, Volume XLVII, Issue 13889, 23 June 1938, Page 7
Word Count
101TIN MARKETING Pahiatua Herald, Volume XLVII, Issue 13889, 23 June 1938, Page 7
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