The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1897-08-19
TIE SUGAR TRUST.
The Outrageous Methods of This Giganti


The Outrageous Methods of This Gigantic
Monopoly.
Abraham Lincoln is credited with
having said that you can fool all the
people part Of the time and part of the
people all CT the time, but you can not
fool ali of the people all of the time. .
There are some Republican papers
which proceed upon the theory that
you can fool all of the people all OF the
time. Among such papers is the Cleve-
land Leader, which, since the days CT
Ben Wade, has been looked upon as
one of the most untruthful papers pub
lished in Ohio. 1t pays a poor COM
pliment to it's readers when 1t thinks
that it can state any proposition and
that they would believe what it says.
The American people have been driven
by the hard times to do some thinking
for themselves, and they are no longer
accepting the statements of such
cheap writers as the truth. The posi-
tion OF the Cleveland Leader upon the
sugar trust is fair illustration of the
course it will pursue in this campaign.
The purpose of the Cleveland Leader
is to uphold this trust and to deceive
these who read its columns.
On July 81, after the house had
ogreed to The conference high tariff
bill, the Leader contained the following
editorial:
"Mr. DingIey, in explaining the pro-
vision of the sugar schedule OF the
tariff bill as agreed to by the con-
ference committee, declared that it was
far less favorable to the refining trust
than the sugar schedule CT the present
law. The new bill, he declared, gave
the trust but 121s cents a hundred
| pounds protection, as against 22k
cents per hundred pounds provided for
| by the present law. This protection is
| measured by the difference between
| the duty CT raw sugar and the duty On
refined sugar. In the new bill that diff
ference is one-eighth cent per pound"
"It is difficult for anybody but an ex-
pert to understand the sugar schedule
Of the tariff bill. So much depends
| upon the color of the sugar and the
amount of saccharine matter it con-
tains that no one but an expert can
distinguish between different schedules
as far as their actual effect is con-
cerned. The Leader has confidence in
the correctness of the statement of
Mr.. Dingley, and every Republican
member of the house of representa-
tives had the same confidence. No
Democrat in Washington will question
his word.
"The Democrats point to the recent
rise in the price Of sugar trust stocks
as AIN evidence that the new schedule
is more favorable to the refining mo-
nopoly than the present law, but that
is mere supposition. When the Will
son bill was pending in congress the
trust made heavy importations of raw
sugar in anticipation of the increase
Of the duty from nothing to 40 per
cent ad valcTem. On these heavy i'm
poltations the trust saved duties
amounting to $15,00O0O0 or there
abouts. That was clear profit for the
trusts, and as soon as the Wilson bill
had become a law the shares Cf the
trust rose il price rapidly.
practically the same thing is hap
pening now. The trust has made heavy
anticipatory imports OF raw sugar, and
it is estimated that it will get profit
of about $11, 100000 by saving the extra
duty, whatever it may be, on that
sugar. That is one of the reasons why
the price Of sugar trust shares has
risen. Another reason is the general
improvement of the stock market
1.-The new bill seems to be as good a
one as could have been drawn under
the circumstances. 1t may not provide
for the complete destruction of the
sugar trust and other trusts. But, as
Mr.. Dingley declared, trusts can not
be destroysu by eplthets. The way to
break down the trust he declared, is
to establish beet sugar factory in
every congressional district and make
competition. That is the way to clip
the wings OF the trust
"And that is what the new tariff law
will do, it Is asserted
Let us call the attention of the read
er to this editorial. Never were there
such brazea lies as are contained in
this article. The Leader says Mr.. Ding
ley made statement of the truth in
the first part, and that they dared any
one to deny that he is an honest man,
and claims everybody believed him.
The Leader says it believed him. The |
claim was that the new tariff bill had |
reduced the tariff on sugar from 221a |
cents a hundred pounds to 121s cents |
a hundred, reduction of 10 cents a |
hundred pounds made by the Repub-
lican house; and therefore the Leader |
would have the people believe that this
gigantic monopoly has been circum-
vented by the Republican congress.
But the Leader in this editorial says
that when the Wilson bill was pending
in congress the trust made heavy i'm
portation of raw sugar in anticipation
of the increase of the duty from moth
Ing to 40 per cent ad valorem, and thus
realized profits to the trust of SIS, ,OoO,-
900. The Leader says that this is prac-
tically what is happening now. THE
trust made heavy anticipatory imports
Of raw sugar, and it is estimated that
it will get profit of about S11 900 900
by saving the extra duty on that su-
gar" So imports under the Wilson
bal at 10 cents less per hundred is the