The International Rubber Regulation Agreement was a 1934 accord between the United Kingdom, India, the Netherlands, France and Thailand that formed a cartel of major rubber producing nations to restrict global rubber production and maintain a stable, high price for natural rubber.
Read more about International Rubber Regulation Agreement: Background, The Agreement, Outcome
Famous quotes containing the words rubber, regulation and/or agreement:
“Time for the flat-headed man. I recognize that listener,
Him with the platitudes and rubber doughnuts,
Melting at the knees, a varicose horror.
Hello, hello. My nerves knew you, dear boy.
Have you come to unhinge my shadow?”
—Theodore Roethke (1908–1963)
“Nothing changes my twenty-six years in the military. I continue to love it and everything it stands for and everything I was able to accomplish in it. To put up a wall against the military because of one regulation would be doing the same thing that the regulation does in terms of negating people.”
—Margarethe Cammermeyer (b. 1942)
“That which corrodes the souls of the persecuted is the monstrous inner agreement with the prevailing prejudice against them.”
—Eric Hoffer (1902–1983)