CO129-486 - Public Offices - 1924 — Page 189

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cheap, that surplus stocks are always available and that the

cultivation is chiefly carried on se a subsidiary one, at

least in Java. Thus if it were to be possible to restrict the world's output of cocaine, this would have to be accomplished

by means of restricting the production of the raw material (Coon leaves and raw cocaine required for the manufacture).

Although it was to be admitted that the restriction of

the production of the raw material would involve certain diffi-

culties, these were of a less serious nature than those involved

by rationing cocaine factories. Moreover, only two, perhaps three, exporting countries would have to be dealt with. The

proposal makes a monopoly of the export and the import of coca loaves and the production of cocaing, thus stabilising status

Yao.

But apart from these measures which are necessary if a reduction of the world's output of cocaine is to be attained, the scheme leaves the trade as free as possible. Although the six cocaine manufacturing countries have no guarantee that they will get all the raw material they may want, as there is no

pro rate system, the raw material can only be exported or re- exported to the countries which are now manufacturing for export purposes. Other States than these will be able in future,

in the same way and to the same extent as it is being carried

on at the present moment, to manufacture their own cocaine

From homogrow material and only for home consumption.

- we limit the quantitius or raw material exportod, the duercase of coccins production will follow automatic_lly. The schor, provides for r.duction of not more than 10% and at the arm. time the exporting