New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-02-16
The New SMALL SIZE OF
CASHMERE BOUQUET
TOILET SOAP
Is within everybody's means. ASK TOT H.

1. within everybody's means. ASK TOT IT,
more about the sugar business than you nav
learned in ten years.? m r,r and
the spectators grinned with hi"i' ~
ator Lexow himself. 49,, Aim, tho
The witness said. in reply to ques',o", W.. o 900
Mollenhauer refinery had a capacr! Vi 49, rha
barrels a day. or about 100000 tons Yen
animal output Of the American sugar He"
~, ha s.,a IAs about 1 200. 900 tons year
=. ."Novr .. said the chairman. if the Aine'Ion''
sugar Refining Company, with capital OF S''o0v'
900 can operate pay dividend OF per cen, or" 80
roll up a big surplus. why don't you ope''' ~
yea. full capacity? ,oe,,rc Conn.,
Il don't think the American sugar hei'"e OO'
pany makes so large a profit. ,a
The chairman insisted upon direct answer anu
the witness responded; Il suppose the ~
Company finds It to its advantage ho' " '"' W.
fun time" , 70, Won
II nrefer not to have any suppositions. Gan 20" ,
not give me a direct answer TO direct q". W. ~
To this the witness would only say thau S sS
knew nothing of the profits Of the Aiion 70 an.
swer the question intellisen'iy or,can Sugar Rein
ing Company fixes the price of sugar aeAeu NV
NO company pan y can u" over s was the answer
Tben followed some questions about coIndr. tbat
10 which the witness WOuiu et'' nv
Is Because other Companies are simply a aware
S 9 co Rss sn s
~ 'ha At or 5SoS the prices
"yon DO not sell sugar to any one but factor vii,
Oh Yes we do. We sell it TO any one VINO VIII
"Bu, YOU allow the rebate OF three-sixteen'hs Oh
cent TO nobody but factors?
"Th hen nobody can sell sugar at profit but lac
oh don't thai vas the n rSP ss it at m any
aine be nIesses The factor sells at uniform rae.
but NE pH99n viii T' nor therefor be cheated
You fix the price OF sugar !hroos'' s0N'
yes; somebody has TO do H.
FREIGHT RATES FINED ALSO
And, having fixed the prc,. you fix the ire'Sn.
rates so as 10 prevent all reduction IN prices ~
ANYBODY securing reduction in rates OF trans
portation''
'Well--yes" So.
You prefer 10 do business through factors. don't
yC9H?
YOU do TO sell TO 0f S6nding great
MANY small lots would raise the price above me me
paid the factors as r a. pre i5e product
much more cheaply than we could. ,.. 80, %
Then senator LeXoT produces SSan seni 10 him all the
way from Kentucky. He asked the wines, "a II he u.
presumed So The rcdneres did not have ahE rate
book anyway; IT, was an anIir VI T read some de-
tails from the book and asked the witness IL 'hc!
We're correct The witness didn't know. o,,, ,.our
or9 You do no s saiS Senator Lexow
Il a wholesale grocer rep hn re Mr
.AI this has nothing DO Win me ieIiHe
Then the chairman asked final question; In an
o buyer 6G, T sn IS re Rs Of cent
pound. compete with man WHO 'o'' e0'
iea.S%to said the witness. mot at profit,
AZ" said senator Lexow, sleefully' that's the
son Is selfevden fact it to me-" said the
witness he sid out of his chaiF'
MR. sEARLEs on THE STAND
John T. searles took the stand after Mr. Post
had occupied it for more than an houf'
During how long time was sugar uep'esSe"
las, yearq" was the first question put to him
II do not remember any marked depression last
wear or. the year before bat there was suc4 de 5
preston the year before that which grew OUT ol
general business relations" -, .
.'Mhar is the present cost of turning the raw
I'll varies from onehalf three-quarters of
pensc involved in the operations" -, ,,.
Yes except a possible depreciation IN the Vaiue
lis it not "a fact that your company car. can turn urn
out the refined product more S""''
Il know nothing with regard TO the expense Vi
Tbe a' nba,rman then asked questions about
the Mccain refinery and wanted 70 know whether
r'ba obl" TO refine sugar more cheaply Than The
American Sugar Refining Company. Dut Az,
be Know Nothing about the expense of The opera
tions OF companies other ,han ms SStr GRADES of
o emrsr so that there could be no comparison p,,
tween the operations Of thar coihp""! anu '''
o@ your product equal far as the of
aomr product is the finest in the world. ,u &c
Then you are S Shst Is I SiSW III
Il admit your knowledge OF the la"' 'e'''' 'O
the DS yo,r refneries all their full capacity
'a5SsS9S there were twelve Of them en- running
so eight Of them were cioseu'
INV Wh bnv Che he United States Refinery Company?
WAITING FOR OTHER THINGS, TOO
"y. have not bought IT yet; the purchase Is IN
contemplation not consummateo
80 CON are waiting for the title to be maze
good?' .,,as ,oo"
..we are waiting for other things 100
as it not fact that you are gong 70
tina, refinery in order 10 prevent
II is not FAC how, e. is that with many OF your
,,esent refneres idle you are gong ~ purchase
more yeterave +, 20 be a good investment; A large
~. Of cur plan, in Brooklyn may be taken up by
be- Rridge ard il Is possible that we might neea
pa t"'' states - ,hs momen. o, your
But you have acyt,v YOU @ Still had eight rehnsres
Idle Now. why should you want more "heh Sou
T5sre use rs rssy only four aneres idle Three
a, the eight have been dsmantled anu on AM,
a pubic park. ], IS good business 70 nave soo'
reserve 10 T-,t,ed c.a.es Cam
What is the plan by which the Chited states Noi-
many is TO be acquire
I'VE have not decided that ~
Are YOU building any new refner!es? - .,
\ "0nlv the completion OF the refinery AZ baltimore
..Isn n significant that instead OF building new re-
6ne-es YOU always buy those In successful opera
No we think that better business
Now. can you not al any time close an your, re,
hneres in any State and still supply the demand oil
that State?
NO we cannot -, -,
In what State can you not do ths?'
"New-York." 49,.
hosers IN the American Sugar Refining Company
which developed rportan: facts. the committee
adjourned until 2:3O O'Clock.
THE AFTERNOON SESSION.