NITRATE COMBINE
GERMAN OPINION. (United Press Association—By Electric Telegraph—Copyright). BERLIN, June 2G. . The “Berliner Tageblatt” says that the nitrate agreement will save German farmers £1,250,090 yearly. Britain, Chile, and Germany now rule the wor.d’s market in nitrates. German nitrogen producers took the initiative is price reduction, as the American producer, owing to the Anti-Trust Law, cannot enter into a price agreement. There is speculation whether the Americans will demand retaliation by an increased tariff on nitrates. The German Chemical Trust, in cooperation with the Standard Oil Company, intends to enter into direct competition with American producers and erect a synthetic plant at Louis-
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Hokitika Guardian, 29 June 1929, Page 5
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103NITRATE COMBINE Hokitika Guardian, 29 June 1929, Page 5
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