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During the discussion Bir Halool Delevingne pointed

that his proposal includes no provision with regard to

oxisting stocks.

VIII.

The following objections were raised against Sir kalcolm

Delevingne 1a schomo;

1. It was too complicated.

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3.

4.

.4a

5.

6.

It was based on the supposition that the prosent production le known, but we do not know the cocaine Production of certain countries.

The manufacturers would be loft in a position of continuous uncertainty about the quantitie. they would be allowed to mautfccture. If a country desired to manufacture cocaine for its own internal consumotion in order to permit 14 to do so it would be necessary to reduce the production of the existing manufacturers. Moreover the powers reserved under the scheme to a non-producing country to manufacture for homo consump- tion were purely illusory; a necessary consequence of the carrying on of a drug industry is the power to market part of the produce abroad; but such a country would be authorised to export only after an agreement ocnelclad between it and the former manufacturing countries, an agreement obviously very difficult to arrivo at since the parties concerned who a ro alone ontitled to discuss it will naturally desire to keep down the number of their competitors.

The limitation goes too far (dangor of smuggling) »

It would amount to creating for the benefit of signatory countries a monopoly in regard to the pro- duction and sale of the raw material. Povore in poɛSossion of this monopoly would regulate prices; they would do this the more easily as the production of raw material would be fully controlled by the Governments or by strong trade associations, and as the quantity of raw material for export is laid down in the case of each country, all competition would bo aliminated.

It is not possible to get reliable figures for the world's total requirements. No per ospita figures can be found which can be more or less generally applied, as the conditions differ in the various countries.

It is impossible to arrive at a fixed percentage of the normal needs to meet the abnormal requirements cursed by the war, epidemice, etc. One cannot take definite figure as a margin. Practice alone can show whether a certain available surplus would stock will prove to be sufficient or not, If, however, a margin be dosired, this margin must prove to be bigger than the basis figure itself.

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