The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-06-14
POLITICS OF BUSINESS.
That Is the Policy of the American
Sugar Refining Company.
1T Is STRICTLY NoN-PARTIsAN
Under the Wilson Bill Mr.. Havomsyer
Estimates That Sugar Would Increase
One Cent a Pound to tho Consumer,
What the Trust Costs the People.

What the Trust Costs the People.
WASHINGTON, June 14.-Immediately af-
ter the senate sugar investigating com
mittee was called to order yesterday Mr..
Havemeyer, continuing his testimony OF
Tuesday, made n statement in answer to
question asked by Senator Allen demand
ing full data concerning the contributions
maze by the sugar trust in 1892 and 'gJ
Tor political purposes. This statement is
as follows:
Mr.. Havemeyer-While am perfectly
willing to answer any material matters,
under advice of counsel | decline TO
answer about outside matters decline TO
answer about local contributions. / know
oil nothing given to the II d mi cam
paign. There exists no bar, n Of any
nature, ana never claimed that the com
pany was entitled to anything except
what its merits required.
The cxaminatie il then continued:
Senator Allen-You may state, il you
can, the difference of protecting your in
uustry under the Mckinley act and what
IL would be under the act as it Is now
framed IL the senate, under the Wilson
ACT, with the sennte amendment that is
now being considered.
Mr.. Iiavcmeyer - Under the senate
amendment it is about one quarter what
it is under the Mckinley bill
In answer to questions by Senator AL
len Mr.. Havemeycr stated that the profits
OF the sugar trust during the last three
years had been thrce-eighths of cent a
pound on refined sugar
Senator Lodge---What would you esti-
mate the increased price TO the consumer
under the proposed blll
Mr.. HaVemeyer--A cent a pound from
the present price
Further along Senator Lindsay said, as
1t not "A fact that, being able TO, ilx the
price i'll America, il has been the policy Of
the trust to fix it just low enough to Keep
out refined sugar made in foreign coun-
triesg"
Mr. Havemcycr-ThGtS is the business,
practically, of the American Sugar Rein.
ing company.
Senator Lindsay-And You have so f xcd
1t MS TO practically exclude all foreign
competitions?
Mr. Havemeycr-Hes sir: MS protection
TO our own business every pound of for
eign sugar consumed in Ills country il Mt
INC expense Of the American Sugar Re
ming company, and any dimuutiun of
the MEETINGS of the sugar refining com
pany means an increased COS. to them of
manufacture.
The price Of sugar to the consumer in,
Germany, the witness said, was one cent
a pound higher than in the nitcd States.
The cost of production was about three
quarters of cent less, but the govern.
men; added duty of tive e, mis- Il Mound.
MIR. llnvcmeyer admitted that the pur-
pose OF the formation of the trust was to
increase the cost Oh American consumers
Senator Allen-Ari when you did form.
the trust you did advance the price of
sugar to the American consumer Nd
MIR. Havcneycr-We did II wasannd-
vance of about quarter of cent net.
Senator Allen-AEd the American con-
suner is today paying tltrec-cichths of a
cent pound on refined sugars more than
he would be compelled to pay under u
system Of separate rffiuerirsy
MIR. HaYemcyer-Ncs sir
Senator Aleu- the trust WORE ,vipnd
out the American consumer would he bone.
fitted to the extent utthrc4-eit;htGsof cent
pound on his sugar.
MIR. liavamryrr- win admit that. Bat
anything that viii " ipr OF. { he trust win
wipe out the industry.
Again referring TO the mattar of cur,,-|
pailsn Contrit'-l n, Senator Allen nskra.I
You never tribute to the canurjtn
fund Ct pa'ry IN he rniu1rityf'
Mr.. liavrmrysr-We may. / will not
say that We do not.
SeI'alor +AlIcu--l)3cS any other corpora
ton IN thesa same states do tic sstmeI
thing. TINT you know?
Mr., HGvemeyer-I understand every in
dividual, corporation and fsm in exist
ence do it in their resp Give states. The
American Sugar RI filming company has mol
politics Of any Kind only the politics of.
business.
John A. Scarles. secretary and treasurer
Of The American sugar refining company.
was The subject uf me committees dues-
tions from untjl G o'clock His cxamina.
iion was on the SAINT general line as that
of MIR. HuycIneycr.