Word: chiles
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Nitrate Cartel. Newest of international cartels is that announced in Berlin last week when world nitrate makers agreed to cooperate on production and prices. Significance: peace between makers of synthetic nitrate and the nitrate miners of Chile who recently banded together in one tremendous holding company to meet synthetic competition (TIME, July...
...Talking over the long-distance telephone with President Ibanez of Chile, President Hoover said he would gladly exchange Washington's heat for Santiago's cold...
...principle that last week the German people were placed under a regime of "taxation without representation." Today Germany, Spain, Italy and Russia-all the Great Powers of Europe except France and Britain-are under some form of dictatorship. Of the three Great Powers of South America, Argentina and Chile have dictator-presidents, while Brazil is ruled by a coffee oligarchy. In Africa the King of Egypt and the Emperor of Abyssinia are dictators. Turkey, the only strong nation in the Near East, has her dictator Kemal Pasha. Apart from the U. S., Britain, France and Japan (which is a most...
...which is less than half the minimum required by the Shanks process. It cuts labor costs 75%, fuel costs 72%. It means that mass produc- tion has come to Chilean nitrate, that the Guggenheims are even more the masters of the show. For the new Chile Nitrate Co. into which the entire industry has been merged will use the Guggenheim. Process. Gradually the many small Shanks process plants will be eliminated. With mass production working on the 400,000,000 metric ton nitrate reserve still left in Chile (enough to supply world consumption for many centuries), Chile nitrate producers last...
...Africa there may well develop a second great nitrate region. Last year a British professor roamed about over 10,000 sq. mi. of southwest Africa, found traces of nitrate throughout his journey, "a strong resemblance to the conditions prevalent in Chile." Should anything come of this, Africa may threaten Chile's nitrates as seriously as it is now threatening Chile's copper. Last year copper and nitrates together formed 88% of total Chilean exports, copper coming to $105,489,000, nitrates...