USA and League Prohibition plans--18JAN1929
Of the nearly 3 tonnes of dope seized in 1927, 89% were opium, 7% hemp, 3.6% morphine and 0.4% cocaine, the light blue trace between green and dark blue. As the Opium Advisory committee members returned from their 3-4th Meeting lunch break in Geneva, Americans were opening their 18JAN1929 morning papers to stories like... Senator Tydings moves to curb American loans abroad. (Germany was borrowing to pay reparations) Yugoslav king takes first step to end dictatorship. (The OAC meeting chairman is from Serbia) $20M gold earmarked here, presumably f/ French account. (Sound familiar? Like April 2026?) Loans to brokers rise $71M in week... (Stock Market call money instability) Talk of Relations between the U.S.-backed Permanent Central Board and the Advisory Committee were again taken up and the remainder of the meeting went into public session. Draft articles hammered out in 16FEB1923 sessions included plans for the Central Opium Board. This, the USA and China i...