New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-03-11
and he thinks there could be no time better than
the present.
CONGRESS AND THE SUGAR TRUST
HENRY O. HAvEMEYER TESTIFIES
WHAT HE THINKS OF THE GREAT ASSOCIATION OF


SUGAR RFFINERs.
wAsHrSGrov March 1O.-The investigation into
the Sugar Trust was continued by the House Commit
tee Manufactures this morning, Henry 0. Have
meyer, who has been sugar refner in NeW-forK
City for the last twenty years; being the first wit
He testified that he president OF the
Hav emeyer & Elder Refining Company and of tho
Bonner & Dc Castro Company, and also men,
Der Of the Board OF Trustees OF the Sugar Refinery
Company. the name of the so-called Trust. The
capacity of the Havemeycr Elder Company had been
increased since last October from $500 TO 5000
barrels per day. All the raw sugar used in tho
witnesses reineros imported, except compare
lively Insignificant amount of low grade Louisiana
sugar, used In the winter season. The Louisiana
refined product was principally distributed along
the Mississippi River, the freight rates being usually
too high to admit of its shipment TO New York
The Havemcyer Elder Company had averaged
last, while the bonner & DE Castro Company has been
shut down as 1t had been every winter for the last
five years
There was no regular meeting place OF the trustees
Of the Sugar Refnrrics Company. No minutes were
kept of the meetings OF the Board, a. there was
kept OF the views expressed by different members Of
the board. Nothing took place al the board mee'lngs
simply advisory Organilation
"1he original intention of the parties in IN
tcrct" the witness continued was to put the stock
Of the various companies In the hands OF the United
state Trust Company. and it Is pity they didn't,
stated The statement that they managed the sugar
refining business of this country Is absolutely false
Il Is likewise false that they control In any shape or
manner the business of any one Of the companies
SHINING the decd There IS a strict provision In the
agreement TO he contrary and that provision has
Ile witness Vas questioned at length with regard
to the shutting down OF the Moler Refinery and The
BAY state Company. after the formation of the IruStl
and his statement in general was that III" c"aSn- ot
operations had tacn place after consultation among
members Of the Board The shutting down f the Boz
ton Refining Company took place. 40 far as witness
knew. without any consultation. II was the usual
practice in many rcfncrcS to shut down in the wn@r
In ponSc to Representative Buchanan. the Wit
ness stated his belief that John T. ScaileI. jr.. " ~
- leading spirit in 'hc formation 4 tho Trust With
regard 10 the reasons why the agreement was entered
into. the siaimrnis If the witness were SUBSTANTIALLY
the thoSe hcr"'otore given by Nr Parsons.
namely. that benefits would accrue ron III" asElrEH
ton ~ capital and bnoVlefgo or tho business; ana
from the fact that n" output could be regulated daring
the four months IN which the Louis ana crop was beng
marketed and thereby prevent 'he 1lsaS,I"uS W 7,
production Of former years The invbriahle fesnt OF
disastrous compNiN'n' w.'nc>S .Sn ~S IN" u'"nsu
tho explanation Of the words to project against the
lowering Of the standard q refined qgar used IL Tho
Tho effect Of tho Trust. IN the witnesses opinion,
It wonld otherwise have been. sugar was hai cent
pound higher than year ago hut II would nave I'VE
advanced a cent round as II did IN London hnt Tor
the Trust Raw sugar was also higher now than
year aso. 49, w.t. A.. :, o,,
think vnnr nnion Will have strlkcs1
Nitncss-I think tho cHcct will be roc )rrillaiion
81 the differences between the worklngman ana MS
DO you think your union will n..ccss''atc union
No sir: lust The revnr.r.' ,
IN case The n.nn shoud differ With Won In 'ha,
opinion or as to what constitutes far wages Wond
nm organization their part possess as nnch loTro
with reference 10 the rcfnrries I'm this asocloh ~
such an organization would have had before the con-
sOlidation7' -
Inst as much no morr and no less
Formerlv utrcsS said. considerable sugar was ~
norted hut the Treasury officials bad Kept rcdu',ns
he amount Of drawback 20 b. allowed on tho. I'm,
rorfed materials used I'm the manufacture on r'Nh'I
sugar unil they had got II down 50 10" that the export
trade DESTROYED ~. ~,
II All kinds Of sugar on TIC free list co"lI
the tinted states compete with foreign countiles'
asked 800. .-,.,o,, ,-o.
.ac.on for the higher price paid 10 American ia'or
Tho sugar rrfncrs were discrmina'ed agans' unoNr
tbc present tariff the al valocm duty being g'a' on
rcNred han on raw sugar The Mis- hil MAKES 'hihSs
even wore" -...-, -,
The investigation. n THIS point, assumed somrwha'
Tho nature 90 tar'f hearing and I'm reply 10 N"pf'
enr.afi\e Prerlinrd~n. the witness sn'f ihN Nc Wa
d,cr,natcs arairsi IN ~ matter ~ drawback whom
tho Treasury partment, on November l. l-0o iA'u
| the rate AZ o go. . . -. -.,... .,, -
80 How much fone y d'scrml1a'" against You
n, e-e draw tho line That would d~'l".e my
and would 90 me injury