The times., 1897-05-21
SUGAR TRUST GIVES UP
Will Try No Further for Its Sen
ate Schedule.
ALDRICH HAS NOT EXPLAINED
Determined Effort Against an In
crease of the Differentiai-Th
Various Objections to Ad Vaiorem
Duties Unreliable and
Impracticable.

Senator Aldrich has not yet given out
his promised statement showing the
reasons why the Finance Committee sub
stituted the Senate schedule on sugar for
the House schedule, and no one seriously
thinks that such a statement will ever
see the light of day II is very broadly
intimated that the sugar schedule In the
Senate bill was the work OF two men
Aldrich and Jones-and that they now
realize that their position is untenable and
cannot be justified. 1t is reported in fact,
that the American Sugar Trust people, real
izing that their game is lost, are al
Ieady suing for terms OF peace.
The talk now is TO allow the sugar
producers a specific duty, such as they
are demanding, On Muscavadces, tesSng
SO and 50 degrees, respectively, providing
the sugar producers VIII consent toincrease
the diffcrential in favor Of the trust and
agree To let the ad yalorem duties stand, in
so far as they apply to niolasses sugars.
A significant pointer in this direction
is furnished by an article in Wnlett <
Gray's publication, of Wednesday, in which
the following statement is made. Senator
McEuery, OF louisiana, introduced
resolution in the Senate today to adopt
IDt sugar SG8itulllt PdSSSd bS VIC i1OhsC
instead Of the sugar schedule reported
by the Senate Finance Committee
This brings directly before the atten-
tion OF the Senate the two propositions
of a sugar tariff, one on the specific
basis entirely, and the other bringing
IN the al valorein with the specific
Continuing, Iiis paper, 70 friendly to the
sugar trust, makes this statement rather
he
Either OF these schedules would give suf-
ficient protection to the home cane or beet
sugar Industry, provided the differential
on refined is made one-fourth Of cent per
pound instead of one-eighth cent Il seems
q pity that all the interests of the sugar
trade cannot te united on some far SEIZED
ule that VIII give the refining industry a
differential protection of one-quarter Of
cent per pound"
TIE plan TO increase the differential in
favor Of tie trust, from one-eighth to one
quarter of a cent per pound, will not meet
with favor. The scheme was generally
talked about in the Senate cloak rooms
yesterday, but it fell flat The fact that
tie trust, under the present Wilson sched-
nile. has been able, during the past year, to
declare a dividend of IL per cent upon
firmly wedged the idea in the minds OF
those who do a little thinking for them
selves, that the eighth differen tial is
ample and that the conditions do not
warrant increased protection for the trust
Senator Burrows, OF Michigan, the new
Republican member Of the Senate Finance
Committee, said last night that the pro-
posed increase in favor of the refiners
would not he tolerated, and that he could
not conceive of any conditions under which
the increase in the differential would be
3ustifiahle
Another criticism Of the Senate schedule
Is that the big dffferential which would
accrue to the refiners upon sugars of n
very low grade uniting to as much in
some cases as l cent per ound-will lead
to the importation almost exclusively OF
lowgrade sugars This would cut the reve-
nue. to a lower point than in the present
law. Sugars testing about 75 degrees and
selling in foreign markets for seven-tenths
Of cent, would pay duty of only IA
cents on ten pounds, which would afford
a less revenue than is obtained under the
present law by the duty OF 40 per cent
upon su gar of higher test.