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Updated: May 27, 2025
The Consolidated had reduced the production of its controlled mines, and the price was bound to be maintained. When his adviser suggested that the companies not in the combine might cut the price, he brought up the very lively rumours of a "gentlemen's agreement" with the "non-combine" producers. "Of course, there's Calumet and Hecla. I know that couldn't be gunned into the combination.
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