ed ae ‘n ad 26 n 0 OO 51 ad ad ) ly ‘al nd £8 28 r= 1e n tl sd a, es of 7 ad Dy ho 18 le ar 1b at 1€ n 0- ts ie JO 28 The slump in 1921 reduced the total value of rubber goods exports to some £6,300,000 but since then it has more than doubled, heing £14.392.000 in 1928 and £15,445.,000 in 1929. XX.—THE INDUSTRY IN FRANCE. 96. As we have shewn in Section XI France is one of the principal consumers of rubber in the world The number of registered motor vehicles increased from 231,000 in 1920 to about 300.000 in 1927. The number of pedal cycles in France is nearly seven millicns. Rubber manufacturers in France, in 1929, absorbed 31,800 tons or 7.67 per cent. of the world supply. During the War, French manufacturers greatly increased their equipment and power of production to meet the needs of national defence, and the rubber industry, notwithstanding the development of the export trade and of the home consumption, since the War, has orobably not yet attained its full output capacity. It is impossible to measure the productive capacity of the industry, owing to the great variety of its products ande the absence of any Census of Production. . Between 50 and 60 thousand wage earners are employed in the industry. In 1926, exports of rubber manu- factured goods, in weight, were 4.5 times those of 1913, while imports had hardly increased. 97. The principal firms engaged in the rubber manufacturing industry in France are :(— Société Michelin et Cie at Clermont Ferrand, founded in 1832. Dunlop Rubber Co., Ltd., at Montlucon. Bergougnan. Etablissements Hutchinson. India Rubber, Gutta-Percha and Telegraph Works Co., Litd., Société Francaise, B. F. Goodrich Co. The annual volume of business done by the Michelin Company is estimated at £7,400,000, about 50 per cent. of which is said to represent exports. With capital of 150 million francs, and employing over 10,000 workers, the firm is said to have an output capacity of 12,000 tyres a day. The firm also supplies the wheels. [t has contracts with the large motor manufacturers like Citroén, Renault and Peugeot, under which it supplies both wheels and tyres for 70 or 80 per cent. of the output of these firms. In addi- tion to advertising its products directly, the Michelin Company teeps itself before the public by the publication of road guides and the establishment of information bureaux. Michelin orincipally supplies pneumatic tyres—covers and tubes. The Bergougnan firm, another large concern, specialises chiefly in solid tyres. In spite of the name, the Hutchinson firm is entirely French. It employs over 6,000 people and has a large trade in cycle tyres Position of the industry. Principal Arms.