St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1893-11-18
THE SUGAR SITUATION.

THE SUGAR SITUATION.
The fact that Secretary Carlisle.
IN his estimates Of the probable ex-
penses Of the government for 1894,
makes no provisions for Tie pay
ment Of The sugar bounty, which \
expected to call for Oh, 900, 900
during that year, = significant q
tie belief prevailing in u circles
In washingtos that Congress Win
repeal Tie bounty law. This has
been said 20 often and BY % many
persons that the Secretary Of he
Treasury he's considered that Il +
not necessary to ok Congress foe
any money for tie bounty; and
there win b no provision tor Il,
even IL It i not repealed.
We have already discussed The
chances Of repeal. There b . faint
possibility that It may Be defeated
in the Senate BY the action Of the
Louisiana Senators, or that the
whole matter may Be held BY TIE
failure Of ConSeess to act On it this
session, bat both Of these chances,
however, are very doubtful. The
Louisiana suga. Interest has always
been weak in Congress. and i very
weak to-day. The Democrats are
determined On The repeal Of she
bounty and the Republicans, with .
few exceptions, are very lukewarm
about it, preservation, although
they pa5sed the law, AID VIII scarce.
" care to make . fight for Louisi-
ana; and % much Of the work has
been clea,ed away for Congress BY
The extra session that thele will be
little chance Of its not acting On .
measure about which there seems 20 |
much unalimity OF sentiment Of the |
bounty. The prospects are, there
lore. that the bounty win 60. The
Louisiana planters saw The probable
ty Of this when the bounty was 6rst
'uggessed, and while they reoeg-
sized that Il wocld Be . stimulate |
o the sugar industry, they refused
o speak in It, favor, foreseeing the
LANCER in which Il would leave
'ugar when il was repealed, and
he difficulty Of going back to the
Id duty.
This is the problem facing us just
'ow, and which eeems to worry the
on ways aod means %
much. They want to drop The
county, but hesitate about going
'ack to the duty, - they believe
win have the effect Of increasing |
he cost Of sugar, something the
eople will not stand amiably. Il
- never been possible to restore .
uty once removed, members Of The
ommittes declare. without raising
popular protest. The people
ecome accustomed % low prices, |,
nd the party which advances them
ways suffers In the elections. |;
There = no doubt that this argu-
lent = having il influence On ,
|onS,essmen, and i threatening /,
anger to Louisiana's greatest in
rest. II IN income tax u passed
lgar y elmoss certain to suffer i,
,eatly, but fortunately the dis
osition Of Congress just now does
u seem favorable to this tax.
be stEingency in the money market !
I'd the depression IN business, the !
'duction in our imports, and con- s
in our receipts from Gus I
me, The diminished revenues Of
. government and the probsbili-
y Of . deficit will I'll tend 70 make =
ongress restore The sugar duty, - i
Iording The government the only 9
fe and certain revenue. The lac :
ections may also have some effect /
the sugar question, for rightly
wrongly, they are interpreted BY
my - meaning that the people
. not favorably disposed toward
y radical changes in the tariff, :
d it is suggested, therefore. that 4
E committee should be very con- 9
rvative In it, proposed ta.iR bill. a
Such d the sugar situation before
'ngress - it b 1t present It viii
seen that sugar b in . critical
ndItion - far - legislation d con-
rned-largely because the Dem =
rats who have the revenue ques-
% in hand are afraid 70 60 hack