IC 7117 The Potash Situation

As potash is more necessary to the agricultural economy of the United States now than ever before it is gratifying to find that the virtual stoppage of imports from Germany in late 1939 caused none of the anxious foreboding that gripped American farmers in 1914. For long decades this country, in common with tie rest of the world, depended upon German potash, but today our expanded needs can be mot from domestic sources. The present armed conflict in Europe, like that of 1914, disrupted a world monopoly, but the cartel that in recent years controlled 90 percent of the world output (see fig, 1) was an international syndicate comprising French, Polish, and Spanish as well as German producers and having reported sales agreements covering production in the U. S. S. R. and Palestine. The break-up of these commercial agreements has necessitated readjustments but generates no such alarm as the closing of a single source of supply. In striking contrast to the critical shortage that developed a quarter century ago, no increase in prices has occurred or is anticipated in the domestic market.