It is felt in London that the decisive political inffüence on commodities in the near future remains the developments in the Pacific, Even if the war of nerves there is not tol-military moves, it must ecause the Paci-Ocean y|dugts have been strongly influenced iby the British Government policy, d the majority of them are sub.
ct to direct or indirect control, it useful, in an analysis of the causes of the rise, to distinguish between imported and home-produced materials, Apart from world supply and demand, the prices of imported materials are influenced by the Government's buying policy, by the sources of supply, by the cost of transporting them to this country, and by movements in exchange rates, Those of horne-produced materials have been influence ed, not only by the rise in wages, the cost of equipment and transport and by changes in profits, but also by the size of the output required by the Government, Jao and substantial quan commodities. In some products, like tin and rubber, the tension in the Pacific have affected prices since Feb-Tuary, although the statistical - posi-
Text read from the printed page and cleaned; old type leaves the occasional error.