Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-06-15
MORE ABOUT SUGAR
Senators to be Summoned
Before the Committee.
EACH ONE TO TAKE A TURN
And Tell What He Knows
About the Trust.
senator Allen of the investigating
Committee becomes Decidedly
Emphatic in aue-tioning MIR.
searies OF the sugar Trust.
ny AssOcIntsa presa.

Washington. June 1.-THE sugar
trust investigating committee will be-
gin to question senator's tomorrow ana
It is Understood win have every NOM
her OF the senate before them before
ceasing this line OF inquiry. The idea
OF the committee Is to have every SEN
ator answer for himself as 10 whether
he has bought or sold sugar stock.
furnished Information concerning tho
tarim legislation on sugar or has been
In any way Improperly influenced IN
his official actions by the trust II Is
not known yet what senators will be
called frst There was but one witness
before the COMMITTEES today and his
examination did not consume more
than fifteen minutes time. The wit
ness was Charles Coster Of the firm OF
DreSel, Morgan & Co. OF New York
and he was summoned because OF re-
| ports that his firm had bought and
| sold large quantities Of sugar stocks,
MIR. Costor said that he knew OF no
speculation In the stock business by
senators, nor any EFFORT To influence
| legislation In any manner by the sugar
| - hoAf anu WIN AiAA1 SAtRN'htAhA Ht hhN
excused.
Mr.. Allen In Earnest.
Before the committee adjourned yes
terday, while Mr. senrles was testify
ing, senator Allen said; AS member
of this committee, insist that this
witness answer, also the witness Mr..
Hayomoyer shall be required To state
| the amount OF funds contributed by
| the American sugar refining company
| for political purposes In the years 1892
i and 1893, and that upon failure to testl-
| IS upon this subject they shall be re-
| ported 10 the senate MS other witnesses
have been reported"
MIR. seafles told the committee tho
| circumstances under which he met SEN
ator Jones and discussed with him the
| sugar schedule OF the tarir bill. Mr.
searles position was that at l-2 cents
as The price OF S0-deRrees sugar tax
OF cent a pound. OF 40 per cent the
| rate was excessive. For refined sugar
he argued that the tax should be sl6o
per 100 instead OF $40.
Jones and senrirs.
.That is true" Mr., Searles quoted
| the senator as replying, but our com.
mittee will not gives more than sl.fo
per 100. That cannot be done. The
Committee viii not tax refined sugar
II said" continued the witness. the
| only other thing TO do IL 10 begin WIN
| SO degrees and tax that sugar at eight
/ tentbs of a cent. That Will bring you
| To 81 10 on refined sugar. Senator Jones
| replied; Yes, but the Louisiana sena-
| tors will viii not take eight-tenths OF
| a cent for 80 degrees sugar. They want
a cent protection on that, They have
| pound. The committee have put un-
| other on refined at $40. and there
| we are
rhe Great sugar Industry.
livery we'll said, n that is the
case you are simply guilty OF putting
before the senate a schedule which is
| indennable and indcfenscible to your
admissions. and It does not seem TO
me right that a great industry like
the sugar refining industry should be
| put In any such position as That and
| with that our interview closed"
| Senator Lodge Would you prefer
/ the present schedule to a schedule
| which carried 20 per cent ad yalorem
on raw and 20 per cent ad yalorem
Mr. searles-"I would prefer the as
| per cent"
| senator LlNuHhy--| ~ ~ 10 ttit interest
| Of sugar refincfs to have this bill take
| effect at once. in View OF this fact or
TO postpone It until TIM first Of Jam
uary?"
Prefers the Mckinley Biit.
Mr.. scnries-"My own personal view
would be that there would be nothing
gained by postponing II. have nj
ways supposed that concession Of the
nrst Of January was for the benefit
\ OF the producers OF this country"
Senator Alien-"Yon may state brief
ly what difference. IN your Judgment.
| there Is between the Mckinley act
4 and the pending act na the senate
| proposes 70 amend Il. or has amended
| ii. to the American sugar refining
company; which IS the better act for
| your
| far
| Senator Aidrich-'5ow much3"
| Mr. Searles-'d think one-half; that
IA. ! think the protection Ia the mar
| gin TO the rehner IN the proposed
/ scheduie Is not over One-haif Of what
| a. IL a, fh.. NICK inlay hlll"