-3..

216

are less serious in nature than in the case of cocaine

factories, since only two exporting countries have to be dealt with and, moreover, surplus stocks are slva 75

available.

Bosides, if the limiting of the exported quantities takes place by gradual degrese and does not exceed 10 per cent. the first time, it will always be possible to 9scertain the consequences entailed by this decrease and to consider in good time whether it is desirable to pursue

the same line of conduct,

1)

This

It is inter alis, anticipated that the price of cocaine will show a substantial advance and that contre- band traffic will flourish to a marked extent likewise owing to restrictive measures being adopted. illicit trade will draw its stocks either from the material legitimately produced or from the leaf of the coca shrub, widely spread in South America, which lef

Measures to is known for its richness in cocaine.

1)

At the present moment already contraband traffic yielés enormous profits. By way of example, it may be mentioned that, while wholesale prices per kilogramme averaged 1.250.- in 1923, it was clandestinely sold

50 to Rs. 80 per

at Bombay at prices ranging from Rs. ounce, which means an average price of Rs. 65 per ounce, a price equivalent to F,1832,- per kilogramne, i.e.,

more than 7 times the price in the licit merket.

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