Show GERMANY PRODUCED BUT 3 PER CENT OF WO WORLD COPPER AND Ii 1 NEVER CONTRO ROLLED U. U S. S OUTPUT Investigation of ot the metal in industry t f by br the Allen I Property Custodian discloses dis- dis closes that although the German metal 6 combine combine- controlled the markets of ot ant and Australia especially especial in nc and lead they did not control the otal market ct o oC of the tho United States A A summary of the metal situation published by the Men Alien Property Custodian Cus- Cus says Germany German has lias nev ne never ner r been a z great producer of metals Her ilex production of ot copper coppel is but 3 I per r cent of or the tine worlds world's ut against about 60 pcr per cent cant produced pro- pro by the United States State Her lIeI pro pro- of or refined zinc is about 28 per perthe o. o oj tI the e worlds world's output and of lead she produces lG 16 per c cent nt of or the worlds world's total production Yet unquestionably Germany has for years controlled l the tho and lead metals markets of or Europe rope and Wand of tho the rest of ot the tho world except the United St States test What In 18 the secret at of her hr power It la Is not alono that she Iff S is a alar lar o consumer of ot m metal For FOI though s sno ho consumes annually about pounds of ot copper more more than titan site she produces she Ehe consumes only 28 per c C I nt t O of tho the worlds world's zinc against her production of ot 28 per pel c cent nt of or the tho output an and of ot lead she consumes con con- only 20 per cent of tho the worlds world's t output against her own about f 16 if per cent Yet she completely controls the zinc and lead markets of or alto world Tha secret of or her power lI lies s shi Jn In hi tho the fact tact that h her r great metal firms a t iiI In concert In to tho the purchase of ot zinc nc and d lead ores op co-op co operate rate in the control controls oI s and by the ue Mae of ot unlimited credit extended l cn by Y l the tho German r an b banks Who h f b. b participate in these Industrial Indus Indus- trial enterprises the they are enabled to bu buy and sell Hell huge quantities of at metals thereby influencing tho the market prices es There are but three great International international inter Inter- national metal concerns in Germany Germany- the of ot Frankfurt Aron Hirsch Hirscht Sohn of or Halberstadt an and d B Beer er Co of ot Frankfurt Those giant organizations whose oper oper- now irle the globe are of comparative com corn recent development and arc the growth g of or vcr very small and humble beginnings Germany Market Influenced In copper the Germans were never neve r able to gain control of ot production bu but t tho they had a a. marked influence on the th e nl market marlat prIce of or tho the metal Their In inability In- In ability to control t the c production was wa s duo due to the fact that the mining indus Indu try of ot the United States which produces pro pro- produces duces more than 60 per cent of or th the e worlds world's total output of ot copper COPPel co could cool ld d not be fcc brought under German erman domina lion tion Outside of or the United States an and I especially In Australia tho the Germans ltd did largely control the copper output But though h Germany has never novel conti con con- ti trolled oiled the output of tho worlds world's cop cop- per she has lias exercised a a. powerful in in- in fluence over over- the price of or the metal This was due to two Because Because Be Be- cause causo Germ Germany rn was a larger consumer 2 on account of ot the activities of ot th the e German metal triumvirate In 1913 the worlds world's total production of ot copper was was s about tons German Germany Germany Ger Ger- man many produced only about tons or 01 a little over 3 per cent The Tho worlds world's s of of copper COPler K ti w wa I II I I about tons and Germany German alone consumed tons or more than 26 25 per cent of at the worlds world's total con- con Germany German Imported most of ot her copper from tho the United 1913 she took from Crom the United States about about tons tens To To summarize the fire Je result of the ac- ac ot the Allen Alien Property Custodian Cus Cue tolan in so fur far as ns they affect German interests sail and German influences In tho the American m rectal metal tal market It may bo be said that finding those interests and Influences in influences In- In centered In three well defined corporations corporations American in name but all controlled b by the German metal viato the activities s of which three corporations were wera not confined solely to tho the United States but penetrating into Mexico and South America owning mines smelters rs refineries oil concessions conces conces- railways dealing in every known metal doing a business which annually ran inn into hundreds of Jot dollars he has succeeded In thoroughly Americanizing Amer Amer- two of ot these concerns concern and liquidating t the third thereby entirely eliminating German Lerman influences In our OUI metal mark markets an and our metal 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