The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1894-10-09
GERMAN SUGAR.
Refners Consider 1t a Hostile
Move Against the Water
land, But they Hope for
Speedy Repeal.
BIZ CabEe to the U1lited Pres,.


BERLIN, Oct. 8. 1S94.-A representative
of the The United Press has had inter-
views with a number of the leading deaI@
ers in the great sugar centre Of Mag4
deburg. Among them the senior part-
ner in the house of Neubauer g. Co.,
says in regard to the sugar schedule OF
the tariff bill recently passed by the
United States ress:-"The increased
duty upon sugar is evidently directed
solely against Germany. Its effects
have not been felt as yet, owing to the
enormous quantities of the commodity
bought before the enactment of the
tariff law, but when it becomes time
for business to resume Germany ought
to and undoubtedly will feel the effects
of the law badly. If the extra duty con-
tinues in force it will mean the ruin
of large classes of beet-root farmers
LOOK FOR REPEAL.
zuckschwert & Bensohel expressed
their opinion as follows:-"We feel con4
fident that the extra duty will soon be
repealed. There will be no new busi-
ness for the present, but when business
is revived Germany will feel the effects
of the increased duty greatly while
sure, as on previous occasion, that the
American Government in a diplomatic
note will remove the tax. against Ger
many, otherwise general commercial
circles in Germany will be modified,
and the government will be forced to
apply for the adoption of repressiye
measures against American imports"
The house of T. o., Drake & Co.. say:
THE tax is directed against all Bounty
paying countries whether, as in Ger
many the bounty is paid openly or as
in France and Austria it is paid covertly
American consumers will have to pay
dearer for their sugar for they are un-
sanl fEF1 fn fnalJ- rr~F7
consumption, and must necessarily
import some of their supply, whether
they buy in dear market or cheap
one. If this prediction is not fulfilled
then France will have the advantage,
but that will not ruin Germany, who will
export her sugar to some other coun-
German farmer if he does get a little
less for his best roots. The German
farmr can stnd anything"
MIR. Drake. the head of this firm, IS
an Englishman.
DOUBLY DEPRESSED
Arnold, Kohn & Co express the opin<
ion that sugar will be deubly depressed,
as the result of the new tariff. The sug-
airing harvest for 1894 is the largest since
1885, and the increased duty will prevent
the Americans from buying sugar from
other markets. The German refinerS and
growers are not at all friendly toward the
authorities in Berlin. They blame them
for allowing American grain to inundate
Germany whose sugar is locked out from
the United States. Unless this state OF
affairs is altered it will result q. crisis
Coste and Lippert say:-'If France
and Germany are treated upon equitable
terms Germany will suffer no injury.
Even if she alone shall have to bear the
duty her exporters and rehners viii
still be able to compete with France
1t will be the beet root growers that
/ win suffer. Many of these will be ruined
and others Will cultivate other crops
than beat root.
Germany may possibly find mar
ket in China instead of the United States
within a few years. America will have
| to pay Germany's own price for she can
not dispense with German sugar for
any length of time. In the meantime
| there will be a crisis in Germany. The
German agrculturists are getting next
| to nothing for their grain and the same
| is true as to the price they will get for
| beet root. The Government canot inn
ruined