Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1894-06-27
Sugar and the sugar Trust.

speaking about the confession of Have
meyer, the Democratic manager of the
Sugar trust, and of the nerve of Senator
Brice in defending the trust as against
the people, the Inter Ocean makes some
remarks accompanied by few important
statistics: "Mr. Brice owes fortune fame,
and his seat III the United States Senate
directly TO his Wall street nerve 1t is
not surprising, therefore, that he should
be frank about the stock-jobbing maneu-
verS in the Senate, and even boast of his
own efforts in behalf of the Sugar trust.
But, happily for the country, there are
few Brices in the Senate. The majority
of the senators were elected on other
recommendations than success in Wall
street Some of them have fallen into
temptation and have been the victims of
Brice's dazzling promises of wealth, and
some may have come to the conclusion
that a public office is the Sugar trust, as
CONGRESSMAN HIT has so aptly described
the present condition of the Democratic
party. But few men are so bold as Brlce
to stand up and carry out openly stock
iObbing scheme which has been so thor
oughly exposed as has this change OF date
for the Sugar tariff schedule to take effect.
The central point of Havemeyers con-
fession is that the object and effect OF
the trust as the case now stands IS to
make the public pay IS of a cent more per
pound for sugar than it would cost old
no trust exist, and under the schedule
adopted by the Senate the other day the
profits of the trust would be FULLY cent
per pound Before passing to any other
part of the confession 1t is we'll to see
Just what this means
1.-The consumption of sugar last year in
this country amounted to 1881, 9ll tons,
that is. long tons. In other words, 4,237,-
SSO64O pounds. 6209 pounds per capita
of the population of the United States.
Under the new tariff bill the trust would
get. on this basis, considerably over S4S,-
900 900 a year, and as it is now it gets
in the vicinity of S16,0oOO0O, or more
than the total value of all the rehneries
in the country in 1890.
eft is simply Democratic contribution
of S4S, 100000 to the Sugar trust-money
which these senators and congressman
fake out of the pockets of the people.
1t is the one great illustration of the
Democratic declaration that the consum-
er pays the tariff
Last year we imported more than
1000. 100000 pounds Of sugar. The i'm
portation this year promises to be even
larger. for the sugar countries have, ever
since the Mckinley law made sugar free,
been increasing their production and ship
ments to the American market.
This raw sugar will come into the
hands of the Sugar trust for refining be-
tween July /. 1894 and January l, 1895.
That great combination will buy this
sugar crop Of the world and bring it into
the United States free of duty. But this
crop is for next years consumption, and
the Sugar trustswill then add the price of
the tariff, which will protect it from
other refners abroad 1t is estimated
that the average tariff on sugar will be
about II cents a pound, and on 1000
100000 pounds that would place S49,OOo,-
600 in the pockets of the Sugar trust in
| exchange for the 100000 it contributed
to Mr. Cleveland's campaign fund.
1.-THE consumption of sugar by the
American people in 1892 was 62.09
| pounds per capita-that is. 62.09 pounds
! of sugar for each man, woman and child
| in the United States-and the Sugar trust
would be able to tax each one of these
/ individuals L. cents a pound extra, or Is
cents apiece. Insthe average family OF
! FIVE this tax would amount to $3.75 q
year on the breakfast table. This would
! be a case where the consumer paid the
| tax. but not the government. 1t would
be paid to the Sugar trust For party
that went into the campaign of 1892 will
the cry, Equal rights to ALL special priv
leges to none,' this is a wonderful trans
| formation