The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1891-06-16
SUGAR IN GERMANY.
Extracts from German News
papers.
Echo, May IA, 1911

echo, May IA, 1917
The German Reichstag passed tn,
Sugar Bill in third reading. Fo
three years the export bounty will
be 1.25 MS, and for two years l ms
Heretofore the bounty was 425 ms
(about $l) for SO ky. (about ITO lbs)
SPEECHES IN GERMAN REIcHsTAG, April
9TH, ON SECOND READING.
Freiherr Won Maltzahn, Secretary
of the Treasury Is it right to sub
sidize the unnatural growth of AT
industry against the laws of offer
and demand In 1871 the beetroot
crop amounted to 100000 tons, and
in 1891 to 100000 tons. This fact
would not be deplorable if the in
crease was on sound basis. The
export premium paid in 1877-7e
amounted to about 100000 marks
in 1882, 100000; in 1887 8, $4,000,
600; in 1883 80, 100000; in 1889 80,
100000 in 1890 81, 21,O00,000.
Total for thirteen years, 213 pa, 1913
marks (about $50,000,O00). The in
dustry cannot deny that this sum
has been paid cash by the German
taxpayers without equivalent"
DR.. Witte-" By means of our ex-
port premium, the worlds market
price or sugar has been extraordin-
arily reduced; but not that alone, it
has demoralized the prices. AS soon
as we pay no more bounty, the busi-
ness will be on a sound basis"
Reichskanzler Won Caprivi Bis
marks successor -" By continuing
the present system, we will have an
unhealthy increase of beet sugar
factories on unfavorable grounds,
and l might quote that an oyerdone
sugar industry will hurt the general
agriculture"
Representative Barth-" 1t is per-
fectly true that our export premiums
reduce artifcially the worlds market
value of sugar. So we receive less
for our sugars than we would receive
without premiums, and this loss Is
made good by the bounty. We must
state that this is a nameless non
sense. This means that we take
twenty millions from our taxpayers
and make a present of them to the
English people. The bounty is a
foolishness, and l do not understand
how anybody can wish the bounty to
be continued for one day. The facS
is this, we have artiicially democrat
lied the worlds market-price. Dur
ing 1890, in England, the sugar con-
sumed was I cane sugar and / beet
sugar; and of the total consumption
of sugar, 40 per cent. was imported
from Germany. The price IN Eng
land depends consequently on the
price in Germany. April 30"
DIR. Wltte- :. We heard several
talk about the American competl-
ton, but it is fable; the whole
American sugar industry is in the
air and exists only on paper. There
are only three American factories,
which have a bare existence. by
abolishing our bounty the World
market prices will be established on q
solid basis. France cannot increase
the production of sugar In spite OF
all high premiums. The limit mas
been reached"
r. Schrader-'' The French Gov
eminent will be compelled to reduce
the bounty for financial reasons, II
the export should become too large
and another unhealthy competition
would be stopped"
(Berliner Tageblatt, April 2S.)
In consequence of the bounty
system the production of sugar has
increased to about 100000 tons, Of
which 100000 tous have been con
sumed in Germany and 100000 tons
have been exported. Germany
sugar industry is the largest in thu
word; our beets are the best.
In Austria likewise the production
of sugar has been stimulated b,
bounties (but this will be abolished
by treaty between Germany am
Austria.)