The Archive · 1921

A Hope for Rubber

The news contained in our commercial columns of a proposal to form a rubber soliing. rust 1s v2 tue nest moment to Shanghai. in writing upon the Subject of mober last February we pointed out that the rubber interests of Shanghai represented a capital of 'I's, 15,000,000, but this is by no means all that Shanghai has put into it. In view of the high prices to which rubber shares once attained it is probably near the mark to say that Shanghai haa put Tls. 50,000,000 into the industry, and this is a sum which it certainly cannot afford to lose. Accordingly any support which Shanghai can give to the proposed selling trust should be forthcoming in the most generous measure. It will not be easy to form this trust, for it will mean combined action in England, Holland, the Straits

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account