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The article discusses Copper Exporters Incorporated, a world-wide copper cartel of copper producers cooperating in export marketing. The cartel is dominated by U.S. companies subject to U.S. antitrust laws except those allowed by the Webb-Pomerene Act. The article reports that the organization was formed to remodel international trade of copper according to domestic specifications and to address concerns about foreign markets. The article discusses the formation of the cartel, the development of copper mining, the difficulties facing the cartel, and the implications of the Webb-Pomerene Act. The article asks if the copper cartel is facing treatment different than any other commodity, except for its inability to control production--which makes the cartel that much more important.

The article offers tips on how to recognize and handle facts. These include probing the source of data, suspecting all averages, and respecting technical adjustments. Each is explained in detail. The author also points out danger signs and pitfalls for handlers of figures, including the words "average" and "normal."

The article focuses on the taxation imposed in the U.S. and the road to tax relief.