Controling Interest in Sight London, July 8.
The Rubber Growers' Association is negotiating the details of a scheme for the control of the rubber industry by the formation of a Rubber Producers' Corporation in conjunction with Dutch rubber interests. An authoritative statement is expected shortly, but in the meantime it is stated that the plan involves a capital of about £6,000,- 000 part of which will be provided by the rubber industry, but most of it by a syndicate of capitalists when the requisite control of 2,200,- 000 acres has been secured. The period of control now suggested is five years, and the main object of the Corporation is to control outputs and selling prices.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.