London, Apr. 11.
The "Financial Times" in an editorial article says that the rubber share market has withstood the abolition of the restriction scheme with exemplary fortitude. The writer hopes that sharehold resolutely resist the insidious attempts by prophets of evil frighten them into wholesale realization, one of the calai results of which would be the me evitable passing of the control of rubber-producing from British into alien hands. The article remarks that a commodity: for which there a constantly growing demand cannot indefinitely remain a depressed market—Reuter, The Producers Considered Singapore, Apr. 11.
Speaking at Ipoh today, Mr. Ormsby-Gore, the Under-Secretary of State for the Colonies, said that the inception of the inquiry into rubber restriction had been due to the great advance made in the use of reclaimed rubber and increased planting outside the restriction area, The speaker referred to the possibility of growers organizing a selling pool and urged British producers of rubber to concentrate on obtaining a higher yielding strain of trees. He also urged to do their utmost to fon their estates, _notivithstanding. the unfavourable outlook for the next twelve months.
He admitted that the raising of the pivotal price of rubber was a mistake, Mr. Ormsby. Gore emphasized that, America had not entered the thoughts of the Cabinet when considering the question of the faquiry.
Text read from the printed page and cleaned; old type leaves the occasional error.