Mar. 13.
Reference has been made in recent telegrams to negotiations between the representatives of rubber interests in London, Malaya and the Netherlands East Indies regarding what is described as the "Maxwell Scheme." As Shanghai is one of the largest communities interested in the rubber plantation industry, this is essentially a matter which calls for attention here, and accordingly it will not be out of place to give a rough outline of the scheme as well as a note with reference to the ma who has suggested Sir George Maxwell, the promoter of the scheme, was Chief Secretary to the Federated Malay States Government from 1920 to 1926, and he was largely responsible for the Stevenson scheme of restriction. At his insti tion the "coupon" system of restriction was introduced, whereby every estate was allowed to export so much rubber, and up to a point this worked well. What happened, however, in the final accounting was that when was announced that restric-ion would be removed after a period of six months, or there abouts, many estates commenced tapping with a vigour previously.
Text read from the printed page and cleaned; old type leaves the occasional error.