New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-20


myself, relinquished my Views and acceded to the
wishes Of a large majority Of the cOnferrees. did
with the hope that my own fears az to the effect Of
our action upon American trade with countries pro-
ducfng low-grade cane sugars would not be realized.
believe that the Sugarrehning industry of the
country will be able live with the duties that are
provided by the conference report, and that the beet
sugar industry Of the West will be developed.
rapidly we would like, perhaps under these pro
bounty Of cents pound viii be paid to ali pro-
Of sugar testing by the polarscopc 80 degrees
which is paid by any other country in the word The
highest net bounty paid by any country outside OF
the United States BY France, and this is little less
In some remarks made by me on the sugar duties
two weeks ago submitted the following table show,
Ing the amount Of export bounty paid by Austria on
sugar Of different tests and the net bountics paid by
Germany and France:
BoUNTIES PATO ON SUGAR EXPORTED FROM
VARIOUS EUROPEAN COUNTRIES.
Austria pays direct export bounty on sugars SO
TO 03 degrees polarization, horin 90 kreutzers,
equals 60 cents sugars 90 to 90 12 degrees polar
'ization, horln 10 kreutzers, equals "a cents on
sugars 90 IL degrees polarization, forms 80
kreutzers, equals 02 cents.
In France the drawback amounts to 80 francs per
100 klogammes; the tax equals 4S francs per loC
Kilograms; leaving net IL francs per 100 Kilograms
equal TO l cent per pound.
Germany allows on sugar exported On sugars not
above DS degrees, $50 marks, equals 2O4 per kilo
gram, equals 90 cent per pound; ON sugars above
S degrees, 10 marks equals 2.4O Kilograms, equals
1 90 cents per pound LOaves. 1865 marks, equal,
IS per kiloNam, equals 1l8 cents per pound. Ger
many taxes beets at II per cent yield equals 10
per pound Of sugar Is per cent yield equals 80
per pound OF sugar 10 per cent yield equals AZ cent
Der pound OF sugar. Giving net bounty on the
lowest yield Ut ~ cent Of from 10 to 43 cent pei
pound Is per cent Of from 80 to SO cent per pound
ia Der cent Of from 40 to 80 cent per pound
Ii will be seen by this table that quite within
limits when said that the largest net bounty paid BY
any European country was not more than ! cent po
noupd a. tho amount varies from .48 cent to cent
Since this table submitted to the Senate recent
change I'm tho French law has been brought to my at
tenton (see Journal dos Fabricants de Sucre Angus
IA lSoO). the effect Of which Is to reduce the me-
bounty paid on exported refined sugar TO S21OO OF
cent per pound. think this disposes Of the bounty
The effect of the abolition OF sugar duties will DO u
cheaper the cost OF sugar to all consumers at least
cents nor pound and to increase Its use. II VII
develop an Important industry by stimulating the VS.
and production OF preserved fruits. It's direct AND
Indirect beneficial effects will be felt and appreciaSef
moro thoroughly than any other change contained II
| this bill.
The statement made In behalf Of the Finance Com
mttoe and with my concurrence by tho Senator toir
Iowa that the bill passed the Senate, Al us
amendments having been agreed TO- when tho estimate
Was made, would reduce the revenue about $SO,oOO.
900. The changes made in conference would increase
the estimated reduction nom six TO seven millions
dollars, ana now estimate the aggregate annual 10
duction made By tho bill as reported rom tho cen