St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-05


ators. Catfery and Blanchard. could nos
be depended upon TO support the ne"
sugar schedule. Their opposition was
based on the ground that 1t failed 10
take into consideration the requirements
of the Louisiana sugar planters Tor
bounty on their present crop, at least.
This caused some uneaS!pess at the OUT
set, and it was telt that the new sched-
ule, upon which hung the chance of full
agreement, might be wrecked by the
opposition of the Louisiana senators ana
several Populists. This feeling wore
off later in the day, however, either
through Indifference or concession 10
this opposing element, and it was not
regarded at the close of the conference
as a serious menace to the success OF tue
conferees efforts.
No attempt was made today, as on
yesterday, to disguise the details OF
the
New Sugar Schedule,
and the cOnterees themselves officially
confirmed it's provisions as made public
yesterday by the Associated Press, but
they pointed out that the latest phase
of the proposition entirely eliminated
the one-tenth differential against sugars
coming from countries paying an export
bounty on sugar. This. it was explained,
made the proposition more nearly ap-
proach the desires of the house.
In other respects the new schedule Is
is exactly as heretofore given, viz:
On sugars below No. 16 Dutch Stand
ard, in other words raw sugars, 40 per
cent adj valorem.
On sugars above No. 16 Dutch Stand
ard, viz. refined sugars. 40 per cent ad
valorem of the amount necessary for
the production of refined sugar at the
wholesale prices in the country from
which it was exported, plus dItferen-
tial duty of one-fifth of a cent per
pound.
After the confereeS had reached their
virtual agreement on the sugar Sched-
ule they put this to one side and took
up the question of iron ore and coal,
but adjourned without approaching a
conclusion with respect to these two
products. 4
Messrs. L. s. Sharretts, of the board
of Democratic appraisers, and jacob 3
Schoenhof, deputy appraiser at the
port of New York, who have been act
ing as expert advisers to the senate
finance committee since the bill has
been pending In the senate, today in
response to request, furnishes the
Associated Press with statementt as to
the
DIFFERENCE IN THE PRO lection
to refined sugar furnished by the sugar
schedule now almost agreed Oh by the
tariff conferees from the protection
furnished by the senate schedule.
They united in saying: The price
of raw sugar is always based on the
amount of saccharine matter contained
in it. Beet sugar analyzing s. degrees
means that 100 pounds of this class of
sugar contains SO pounds of saccharine
matter. Hence, it takes 1853 pounds
of SO degrees sugar to make 100 pounds
of refined sugar, or so called German
granulated' sugar.
1.-The London quotations for the year
1898 average for raw beet (SS degress)
S3. 80 22-24 per 100 pounds, and for Ger
man granulated 1886 1924 for Loo
pounds. This shows an average differ
ence of 54 II cents per 100 pounds. If
you take this raw sugar price and add
the necessary amount to allow for the
quantity reduced, you have S3.15 11-24,
the outlay for the sugar actually con-
sumed in making of the refined sugar.
This leaves 10 624 cents as the net ball
ance to cover the cost of refining.
'Cane sugars of 96 degrees. so.called
centrifugalS, give 921s pounds of refined
sugar, and to get at the cost of the sugar
actually consumed in making 100
pounds of refined cane sugar we have
to make the necessary allowance and
arrive at the true quantity consumed,
which is 1OS05 pounds. The latest Lon
don quotations for 96 degrees centrifu-
gal shows 81 SO per 100 pounds. and for
refined So 81 per 100 poonds.
"rhis shows difference of A cents
on the 100 pounds. Adding to the raw
sugar price the necessary amount to
allow for the quantity actually required,
i. e.. 1OS.O5 pounds of raw at S2.93. and
| you have S3.1 to cover the cost of the
| sugar and 20 cents left over for the cost
| of refining 100 pounds of refined sugar.
"Taking the value, of the raw cane
necessary to make the 100 pounds of re-
| fined, i. e., So. II, the duty of 40 per cent
amounts to S1.26S. Refined costing So 81
per 100 pounds, at 40 per cent pays a
duty of S1.34S. and consequently leaves
the American refner 8 cents per 10C
| pounds protection as a result of the
| straight ad valorem rate on raw and
refined sugars. Adding to this the Is
of cent per pound gives total of 2O1S
cents per 100 pounds protection under
the senate bill, against 1-5 of cent pei
pound, or 20 cents per 100 pounds, as
now proposed