Washington, Jan. 6, Giving evidence before the House of Representatives Committes in: vestigating rubber prices, Mr. Hoover, United States Secretary for! Commerce, dwelt upon the dangers of regulation of raw materials by' foreign governments and arbitrary' fixing of prices for all nations, The! experience of the United St ing the past 12 months, declared Mr. Hoover, was that these controls could longer be ignored and that a ional policy must be determined.
Mr. Hoover denied that he had ever been thinking that there had Leen " deliberate attempt to impose on American rubber users. Ho ex-tressed the opinion that the price of crude rubber had gone much higher tan the controllers had ever intend.. ed it should.
Mr. Hoover added that raw materials which were at. present governmentally controlled were -yptinn long staple cotton, camphor, coffee, iodine, nitrates, potash, mercury, rubber and sisal.
Text read from the printed page and cleaned; old type leaves the occasional error.