Show NEW COMBINE TO I CONTROL T DIAMONDS NEW YORK Aug 4 fP 4 Control of the world output of ot diamonds long held under an I agreement of the principal pro pro- producers producers producers by the tho Debeers syndicate of South Africa will papa pou to a II anew anew I new combination In 1925 Suc Suc- Successful completion of negotiations n looking bolting to the new organization on was waa announced Monday b li by Leo Lee 1 0 head of Brothers tho the leading American diamond Importers He lIe said sald the new control would Include the tho Barnato fields of ot Cape Colony the I Interests of ot Ger Oer- Germany Germany many and the Morgan Mor an Interests In New No York Spokesmen for J JP J. J J.P. P P. Morgan Morean and ond company however ho said they were wore unaware the tho ne ne- negotiations nc negotiations were In progress The new syndicate Mr Ir Reich Reich- man said will take over o control December 31 SI 1925 1326 when the DC DC- Debeers beers agreement expires Mr declared the new agreement would redound rE to the tho benefit of ot diamond dealers as all well as tho the purchasing public since It ItI would tend to adjust and stabilize I Izo ize prices and |