The Archive · 1926

AMERICAN PROSPERITY

UNPARALLELED

More Peans from Mr. Hoover in His Annual Report Weshington, Nov. 29.

The Secretary of Commerce, Mr. Hoover, in the annual report of his department, says that the material condition of the people of the United States rose last year to an unparalleled level.

The country: maintained the highest standard of living in history, far above any other country.

'The only unsatisfactory aspects, the report points out, were the low prices for farmers' "produce and the failure of one or two industries, including the textile and the bituruinous coal operations, to enjoy! full activity.

The report shows that, although foreign trade slightly declined on No Limit to Validity of Small 'Holders' Coupons London, Nov. 29.

Replying te a question in the louse of Commons. to-day, the Secretary of State for the Colonies (Mr, Amery) said that no limit had been fixed for the validity of rubber coupons issued to the small holder prior to November 1 and a rubber estate might carry forward from the last restriction period to the new its unused export rights.

With regard to the existence of unused rights and unused rubber coupons, a re-assessment of the standard production was made each year in respect of the 12. month' beginning November 1 and it might) be assumed that the authorities of Ceylon and Malaya would take into account actual export figures on the Afferent estates as far as was reasonable.

'Asked whether he thought that the problem as a whole could better' be dealt with by allowing coupons in respect of the release when the rate was 100 per cent. to be used! when the rate was 70 per cent. oF even 60 per cent, the Colonial Secretary said that he would have! to consider all the facts of the

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

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