FINANCIAL NOTES
NEW RUBBER REGULATION SCHEME.
THE text of the proposal to give the International Rubber Regulation Scheme a further lease of life has now been pub- lished. The scheme is to run for a further five years until the end of 1943 with only two important changes. The basic quotas have been raised all round to bring them into line with the true production capacity of the industry, and a limited amount of fresh planting is to be allowed.
The new basic quotas to come into operation in 1939 amount to 1,449,000 tons without including any allowance for Siam, whose basic quota is still under negotiation. When Siam is brought in, the world total can hardly be less than 1,500,000 tons per annum and will rise slightly each year up to 1943. All the rubber-producing countries will start the new scheme with larger basic quotas than they now enjoy. But Malaya receives an addition of only 30,000 tons per annum next year while the Dutch East Indies receive an extra 91,500 tons and most of the smaller producing countries have a fairly substantial
increase. * * * *
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