Waterbury evening Democrat., 1894-06-14
SUGAR TRUST SECRETS.
Some of Them Are Brought Out
 at the Investigation.
HAVEMEYER TALKS OF PROFITS.

He Declined to state, Though. tho Amount
 of the Trusts Campaign Contributions
 Treasurer searles Also Testifles-Sen,
 ate's Time Occupied by Speeches.
 WASHINGTON, June 4.-Immediately after the Sugar trust Investigating com mittee was called to order Mir Havemey CT, continuing his testimony. made n state ment in answer to the question asked by Senator Allen, at the close of the session Tuesday, demanding full data concerning the contributions made by the Sugar trust in 1899 and 1893 for political purposes. The statement is as follows
 Mir. Havemeycr-While l am perfectly willing to answer any material matters, under advice of counsel l decline to an, swer about outside matters. l decline tC answer about local contributions I know of nothing given tC the national cam paign. There exists no bargain of any na ture, and 1 never claimcd that tho compa- ny was entitled to anything except what its merits required.
 The examination then continued:
 Senator Allen-Gou may state, if you can, the difference of protecting your in dustry under tho Mckinley act and what it would be under this act as it is now framed in the senate under the Wilson act with the senate amendments now be ing considered.
 Mir. Havcmeycr-Cnder the senate amendments it is about one-Quartor what it is under tho Mckinley bill.
 In answer to questions by Senator Al. len Mir. Havemeyer stated that the profits of the Sugar trust during tho last three years had been threo-eighths of a cent a pound on refined sugar.
 Senator Lodge asked, What would you estimate the incrcasod price to the consumer under the proposed bill>''
 Mir. HavCmCyer-A cent a pound from tho present priCcA
 Further along senator Lindsay said, "Is not this a fact that, being able to fix the price in America, it has been the poll, cy of the trust to fix it just low enough t. keep out refined sugar made in foreign countricS;"
 Mir. HaVCmCycr-That is tho business practically of the American Sugar Rofn, ing company.
 How the Trust Affects Prices.
 Senator Lindsay-And you have so fixed it as to practically exclude all foreign com. petition?
 Mir. Havcmcycr-Nes sir, as protection to our own business. Every pound of for, eign sugar consumed in this country is at the expense of the American Sugar Retin- ing company, and any diminution of the meltings of the Sugar Refining company means an increased cost to them of manu- fracture.
 The price of sugar to the consumer in Germany, tho witness said was l cent a pound higher than in the United States. The cost of production was about thrcc- quarters of a cent less, but the govern ment added a duty of cents per pound.
 Mir. Havemeycr admitted that the pur pose of the formation of the trust was to increase the cost to the American consulu- CTS.
 Senator Allcn-And when you did form the trust you did advance tho price of sug- ar to the American consumer?
 Mir. Havemcycr-We did. It was an advance of about quarter of cont net.
 senator Allcn-And the American con sumcr is today paying three ei ghths of a cent q pound on refined sugars more than he would be compelled to pay under n sys- tenn of separate rctincrics:
 Mir. Havemeyer-Ycs, sir.
 Senator Allcn-lf the trust were wiped out, the American consumer would be ben ctitcd to the extent of three -eighths of a cent pound on his sugar?
 MT. Havemcycr-I will admit that. But anything that will wipe out tho trust will wipe out the industry.
 Again referring to the matter of cam paign contributions, Senator Allen asked, You never contribute to the campaign fund of party in the minority"
 Mir. HaNemcycr-Wc may. l will not say that we do not.
 Senator Allen-Docs any other corpo- ration in these same states do the same thing that you know off
 Mir. HavcmCyer-I understand every in diyiQual, cOrpOratiOn and firm in exist cnce do it in their respective states.
 The American Sugar Refining company had no politics of any kind; the only poll tics that of business This closed his tcs- timony before the committee.
 Mir. SenrIeS TestifeS