The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-06-15
Duty on Susar.

Inc news comes ClEec[ from W ASH
Ingtou, and is 3 more or less treasured
secret in this city that the presen.
Congress, in IFS efforts 70 impose 8
tariff for revenue only" will place
2 duty OF 3 cent 3 pound On foreign
grown raw sugar. This news is par
tleuiarIy interesting LEGALLY, for the
reason that such tariff would mean
about =, DO 90 year in the pockets
OF the Hawaiian gar-plsnters, with
ont their ezerting themselves any
more than 81 present. At first sight
II may not be evident how the impo-
sition OF 2 tariff OF = cent q pound can
be putting monsy in the pockets OF
the Hawaiian sugar-planters and 81
the same time give 70 the Democratic
government the revenue IL seeks
through the tariff.
The Mckinley tariff bill went into
effect on October 81, IS91. This bill
removed the duty of , cents pound
from raw sugar, mOlzsses, etc and
cut down the revenue from that source
about So. 5000 a year, the cOllee-
tioEs for the ear ending June 81, lSe0.
amounting 10 S53. So5, S73- Tie rate
in $50 Vas @ cents : pound, and
from 1874 had varied from l - cents
TO ss high g. > = cent or nearly -
cents 2 pound. Cnier The Mckinley
bill the tax va, removed entirely
All sugsrs Not above No 10. Dutch
standard in c1lOr, all tank bottoms,
ali sugar drainings and sugar sweep
ings, >yrup- OF cane juice, melad &,
Concentrated melada aud concrete ANA
concentrated mOiasSes, snd mnlasSeS"
Werz placed on the free list The i'm
position OF q cent q pound would mean
= revenue Of about that collected IN
1890, or in round figures 1890, 0c0 &
year. Thus the government would
which enters this country comes ali
but exclusively from these sources
Cuba, Java and the Hawaiian Islands
The price OF Cuban centrifugal sugar
in New York regulates the price OF
Hawaiian sugar IN san Francisco To
the extent that the latter product i
Invariably half q cent pound cheaper
than the Cuban product Thus the
price of Cuban centrifugal today Is
about - cents q pOun1 and that Of
Hawaiian sugar i S-79 OF q cent
Under the reciprocity treaty with the
Hawaiian Islands ali sugar comes into
this city free of duty. II then q duty
of cent pound is put on Cuban cen
trifu0al the price In New York will
be raised q cent 3 pound, or would be
today % cents, aud the price Of Ha-
waiian sugar landed In this city would
be : % cents, or q c-nt q pound more
in the pockets Of the Hawaiian sugar
planters. The average output Of raw
sugar in the Hawaiian Islands *
10000 tons q year. i cent pound
Is SO a ton. so that the planters would
make Just about S2,2S5, 90 = year
without raising Z finger.
The news which reached this city
came on indisputable author
ity and has already been fore
Swallowed by several large democratic
Eastern papers, IS, for example, the
New York World. The theory Of those
who know Is that the present admin
istratIOn does not intend ID entertain
the annexation proposition OF the ha-
waiian merchants Were the Islands i
annexed the planters would benefit 10 /
the extent Of q 2-cent pound bounty,
which las been IN effect since July !,
1891. On the theory that half loaf ]
is better than no bread, the 1-cent a !
pound tariff will give the planters just /
half wha. they hoped 10 get by annex /
alton. At any rate the move Is being /
gently advocated by the eastern demo- |
cratic press. and behind the talk favor /
ing a tax on raw sugar l. this sop 10 !
the disappointed Hawaiian mer-
chants.
The fact that the Cuban sugar crop
Is short this year and viii not exceed /
10000 tons Is Just 30 much n favor Of
the Hawa ian planter. This estimate
OF the Cuban crop i about 5000 tons
short-Chronicie.