The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-11
the entire movement inward and outward
than IL secured last year.

e @ n ii III 4 h IS
MI. Jay Gould has bought the st. Joseph
lMo) Railroad bridge over the Missouri river
lor 100000, as private speculation. Every
railroad car on the several roads crossing 1t
will have to pay him 81 to SIS, and the pur.
chase, 1t Is said, gives him complete control
Of the railroad communications in that region.
The bridge has cost its bond and stockholders
more than twice the amount he paid for it.
There has been an extraordinary change In
the States yielding the larger part OF the In
ternal revenue. In 1869 the six Atlantic States
of New York, Pennsylvania, Massachusetts,
Maryland, Virginia and Georgia paid $685. 45,-
600 of internal revenue. In 1878 this had fallen
to 500, 3s3OO0 or over one-half. In 1869 the
four Western States of Ohio Illinois, Missouri
and Indiana yielded $3s,2sGooo, and in 1878
$45, 10000.
The British Indian government has been
unable to get people to take all the recently
issued ~ per cent bonds to meet the ex-
penses Of the war. Only $20,00O,0OO OF the
S25 600, 900 issued have been taken at the very
lowest fgure-not a very satisfactory result.
The entire liabilities Of India foot up nearly
$7O0,OOO,OoO, and the interest account is over
$27,oOO,OOO year. The army is a source OF
great expense, costing In ordinary years S75,-
100000. With the increase of the debt, taxa
tion of very onerous kind has kept pace,
and the Afghan war has added greatly to the
burdens and discomfort Of the people,
The Northern sugar refiners have recon-
menced their work looking to the modifica-
tion or removal Of the duty on foreign sugars.
Their pamphlets, containing able and spe-
cious articles on the subject, are being scat
tered broadcast throughout the country to
instruct and influence the public mind on
the subject, with the view OF again bringing
strong pressure to bear on Congress. The
Galveston News has received one of these
documents, but declares that the production
Of cane sugar In Texas has become 50 small,
that the abolition or reduction OF the tariff
on that article does not concern or interest
the people of that State. Here In Lou
isiana this subject Is Of paramount,
vital Importance, and our planting
friends should be on the alert, keep q watch
full eye on the Northern refners, and use
every effort to thwart their attempt to obtain
free foreign sugars and thereby bring ruin
on the most important agricultural interest
Of this State. The sugars imported into this
country are bought abroad at such low prices
that were it not for the protection the tariff
affords, our Louisiana article would be to
great extent driven out OF the market. In
the official statement OF the Bureau OF Stalls
tics the average cost of raw sugars at place
of shipment, computed in coin on the basis Of
prices current In the fiscal years 1S76-77 Is re-
corded as follows:
Sugar not above No. Z Dutch standard In
color, per poR nd. ....~...+.........-..... 31zc
Sugar above MOI not above No. 10. Dutch
standard In color, per pound. ...--...... .4hc
Sugar above No, 10. not above No. Is. Dutch
standard In color, per pound. .......... 4Ac
Average cost of low grade sugars. per
pound .....-.....4l4c
Melado and care strip, per pound. .........3hc
According to the sworn testimony Of i'm
porters and reiiners the prices paid foreign
producers for raw sugars imported In 1878
average as follows:
Sugar not above No. D. 8. in color. per
Sugar above No 7. not above No. 10 D. 8. In
color. pei. pound. $40
Sugar above No. 10, not above No. 13 d. s. In
color, per pound
Average cost of low grade sugars. per
Melado and cane strip. Der pound. IKE
The following is an exhibit Of the per cent
Of duties paid on sugars during the last fiscal
year:
Per cent.
Classiflcations. Ad valoren.
Above No. I. not above No. 10 ID. g.. .46.49
Above No TO- not above No. ID d. ST.. 1913