The article reviews the regulation schoings which have been applied to rubber, tea, copper, tin and (in the form of Governmental schemes to remove excess supply from íhe market) also to wheat and cotton. The first conclusion it draws is that the introduction of the schemes was justifiable. "Shrinking consumption," it says, "owing to world depression, was accompanied in many industries by continued increases in productive capacity as extensions planned in more prosperous times became effec-five. To have left it to free competition to restrict production to meet the fall in demand would have meant still more ruinous collapses in market prices and probably the accumulation of still larger stocks, which would have retarded recovery when demand began to expand.
The writer goes on to emphasise that restriction could never in itself bring back prosperity. It could mitigate the losses of producers and permit them to secure prices which would at any rate cover running costs, but so long as mines or plantations were only partially employed, satisfactory profits could not be expected.
Text read from the printed page and cleaned; old type leaves the occasional error.