Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1894-04-27
The SUGAR TRUST AT WORK
II Now Demands a Duty Of 40 Per Cent
Id Yalerem,
WHICH nay RESULT in FREE SUGAR
Rumon Of an Agreement on 4 New Schedule
Said to Have Sent Up the Mar.
ket In Wall Street.

WASHINGTON, April 20. - the sugar
trust has renewed activity on the senate
side Of the capitol, and the air is full
Of rumors as to it's purposes and proba-
BILE success. The fact that the vote in
that body on the Wilson bill will be
close is the incentive to the movement.
The trust il accredited with the feeling
that it holds the balance OF power in the
senate, and with this great advantage it
is encouraged to strike for as much as
it can hope to secure. There are those
who believe it will succeed, while others
predict that it will ride the senate 80
hard that revolt will be the result, and
sugar will 90 back on the free liet.
The latest demand Of the trust ia for
duty Of forty per cent ad valorem on
both raw and refined sugars, and an ad-
ditional duty Of ene-eighth Of one cent
per pound, specific, on the refined. The
complaint Of the trust is that the sched-
ule now in the Wilson bill is not only
obscure in it's terms, but go far as it
can be fathomed does not afford refined
sugars sufficient protection. This state.
ment causes broad smile here.
All calculations made on the subject
show that, with the schedule left as it
now is, the trust would reap a hand
some profit on all OF it's transactions
The proposed new schedule would, of
course, yield the trust larger profit,
but it is because of the fact that the
schedule is drawn with only the inter-
ests OF the trust conspicuously in view
that discussion of it in the senate, il it
be pressed, is likely to make it embar-
RAISING for even the trust senators to
support the proposition.
One Of the rumors current today was
that the new schedule had already been
agreed to by the democratic members OF
the finance committee, and hence it was
now only a question Of presenting it
when the time came and carrying it
through the senate. This, upon inquiry,
was found to be untrue, but it was tele-
graphed to New York and is believed
to have sent the market way up in
spite of the efforts of the trust to keep
it down.
Mr.. Jones, of Arkansas, a member OF
the finance committee, said TO q cores
pondent that no such proposition had
been agreed to by the majority of the
finance committee.
81 cannot say, Of course, he continued
"what the trust may try to do before
the sugar schedule in the Wilson bill ie
reached. From what l have heard il
would not surprise me if an effort should
be made to change the schedule now in
the bill. The trust is said to be dissat-
isfied with it and to desire something
more in accord with its own ideas. l do
not care to express an opinion as to
what the chances of success will be. The
situation in the senate on the tariff ques-
ton is troubled and uncertain. Many
changes in the Wilson bill are being
demanded, and some of them are likely
to be made. The sugar trust, presume,
will press its case along with the others.
1t may win, and therein lies another
argument against this long delay. The
longer the bill is kept before the senate
the greater the Indictment to interested
parties to try to give it a twist in the
direction of personal and selfish ends"
On the republican eide of the cham
Der the belief is that the sugar trust will
have its way with the majority, and that
the sugar schedule will be changed to
meet the trusts wishes.