I sat on my delayed train back from London to Leeds; delayed because the price of copper is so high it is worth thieves, risking their lives to steal cables from the track. As I sat there reading that China’s growth is slowing to that of a sprint, the global commodity markets had reacted with their usual hysteria and short and medium term prices had started to drop through the floor.
Thing is, was this going to stop the toe-rags nicking the copper from the lines, but more importantly who is paying for it? It seems inconceivable that the local fence or Pawn Broker is taking in 20 metres of freshly harvested cable!
Therefore it must be the scrap merchants, who use a self certification process to identify the seller. It makes you wonder how that conversation would go...
Toe-Rag: "err Governor, (I apologise, I have given this caricature a southern accent) want to buy some freshly harvest cable, bout 20 metres?"
Merchant: "yes, where did ya get it, mate?"
Toe-Rag: "me Grandma 'ad it down the end of her Garden (almost true) under a bush (that was the lie).’’
Merchant: "do ya ave any proof of ID?’’
Toe-Rag: "Library Ticket?"
Merchant: "Lovely!"
(the above passage is fictional and by no way means anyone South of the River Thames actually behaves in this manor)
Let’s face it, if these criminals were made to properly ID themselves, with a compliant historical audit trail kept, these kind of crimes would dramatically reduce.
I don’t actually want China’s growth to decline, it’s a race to the top, not the bottom, even if that did mean my train stopped getting delayed. But the introduction of a proper ID and Verification process within the Scrap Metal and Salvage merchants would mean I get back to Leeds on time, reduce insurance related claims and allow our overstretched public resources to be better focused.
John