AMERICA SWALLOWING UP THE RUBBER.

Taihape Daily Times, Volume XI, Issue 3485, 13 May 1920, Page 6

AMERICA SWALLOWING UP THE RUBBER.

ll'Anlerica, is Britain.’s best custom‘er for rubber, and its requirements {bis year are put at a very high figure. ’ Mr F. L Hamilton, chairman of the prient Trust Ltd., speaking in Lonfdon recently, said he understood that the United States estimated to have $1,500,000 cas and lorries registered

{his year, requiring 51,000,000 tyres. Taking an "average of 81b of rubber per tyre, that meant 180,000 tons for tyres alone, and there were many other uses for rubber.

.»kssuluing' America - took 300,000 tone, that left only 100,000 tons for the rest. of The §\‘ol'ld, which, he thought, would be illsd{ficiellf to go round. ~

The value of 300,000 tons of rubber imported into America at only 2/ per Ib. which was below to-day’s market price, was £GT,OOO,OOO. Of this quantity the Briiish En‘.pire could supply 80 per cent.