The Unilever Combine

Thus a valued correspondent: At any rate, the world depression seems to make little difference to the Combine. The London Observer of May 5, 1931, says; “Unilevers at 35s. look cheap. At the annual meeting the chairman declared that it was a mistake to suppose that it was the policy of the company to limit dividends to 10 per cent. Last year 17½ per cent, was earned on the ordinary capital.”

A mistake, certainly! and their concern about the producers—is that also a mistake?