An international rubber regulation committee. will be constituted, con sisting of delegates appointed by the governments of contracting territories. Each delegation will have one vote for every complete thousand tons in the quota The main business of the committee will be to fix from time to time the percentage of allotted quotas which may be exported. Manufacturers. Europe and America will be invited to tender advice in this respect, During the period of regulation, Siam will be allowed to plant up 31,000 acres, and her export quota will be subject to a stipulated minimum each year. In view of the fact that France absorbed in 1993 about four times the quantity exported from Indo-China, "there are special arrangements regarding the amount Indo-China may export.
'The rubber agreement invites all governments' except Sarawak and Siam, to levy a levy on exports of rubber, the proceeds of which will be applied to research, Although the scheme operates from June 1, 1034, "and terminates—on December 31,'1938, nevertheless, the international committee may recommend beforehand its continuance oF otherwise.
The rubber agreement has been submitted to the governments. concern: ed with a request for legislation. Pro. ducers and dealers are required to keep stocks to a normal percentage of their turnover.—Reuter
Text read from the printed page and cleaned; old type leaves the occasional error.