The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1899-06-15
TARIFF MAKES TRUSTS
SO Says Hayemtyer, the Sugar
King, TO the Industrial
Commission.

OUuthtihniuns
Washington. June 1.-THE fun text OF
the statement read by Mr. HavsmeyerI
before the Industrial commission is asI
follows:
The mother Of all trusts is the customs
tariff bin. The existing bill and the pre-
cedng one has been the occasion tor theI
formation of all large trusts with feA cv
ceptions. inasmuch as they provide for
an inordlnate protection of an induslr.osI
of the country. Economic advantages al
cident to the consolidation or large inter-
ests In the same line OF business are al
great inventive to their formation lutI
these bear q very Insignificant propDt-I
tion TO the advantages granted IN the
way Of protection under ths customs tar
r.
There ls probably no one industry that
requires a protection of more than ten
per cent. ad yalorem and it is TO obtain
what IS provided over such percentage
In the tariff that leads to ,he formation
of what are commonly known ass trusts
with protection to an industry .'t ex
ceeding ten per cent all mensce to tar
community Of trusts would cease This
ten per cent would represent the offer.
enc In ocst of production. and likewise
act as a protection agast surplus pro
ducts Of foreign countries being dumped
in our local markets. thereby interfering
with the regular and economic workings
Of our industries Any advsp age that.
might accrue to such combinations they
Would be fully entitled 60 ana the public
would not be damaged thereby, as any
expansion Of price would Dee mo- hy for
e.er competition and relief
have said that sugar was ln cVcap-
tion. Tho rate of protection ON sugar IS
an eighth OF a cent per pound, which Is
about 3iz per cent. ad valorem and is nor
the difference in the cost of refining be-
ween this and foreign countries. The
least it should have is eight per cent. or
'n specific figures a quarter of cent pC.
round. The sugar industry OF tnis coll-
try. no matter what form its organization
Is entitled to adequate protection, II any
Industry Is. There are at least 100000 poo
PIE dependent upon IT, What IL pays Or
h.s Deld, to It's stock holders la the past
represents nothing more than a fair -e-
turn TO the capital invested.
IMPORTED SUGAR
The United States tarin bill. in asses
sion about $40 per ton duty on imported
sugar paysw into the pockets Of a fe
Lousanans on their annual crop, 2lj 0o0
tons. 500 OOO. 900; to the Hawaiian island
ers probably represented by 100 foreign
ers, on their annual crop of 25O)O tons
SO 00O. 900. say 100000 tons produced else
where In the United States $iOOO.OOO
Here YOU have $4,000 OO0 extracted from
the people of the United States for the
sske of getting the revenue which $40 per
ton on foreign sugar provides. This IS
merely Illustrative Of the whole tarfr- ev
cry lire of it-and its effect upon tae
people In fact, the tarin bill clutches
the people by the throat and then t1e
governors and attorneys generals Of the
southern states also take action, not
against the cause but againt the machin'
cry which the people employ to rife th'
| pubrcs pocket.
There appears to be in the public min'
a distinct tttween robbery Of an n
div.dual and that Of a corporation. VIVA
Is commendable in an individual appear
|
/ maintain that Il is immateral 10 IN
public In what form business s done
whether by an individual. firm or even
/ trust. These are merely forms OF con
Quoting business or IN other words, ma
chinery for the operation OF business. /
is the duty of the government TO see thl
under the tarln laws they cannot ErAO
under the tarlm laws they enact this ma
chinery cannot result TO the detrlmel
or lmpoverishment OF the public.
10 would have been very easy and pro1e
for the government TO have put cores
bonding Internal revenue tax on auga
simultaneously win the importa,loa c
the customs duty and have these 81
OOO 900 which now go into the pockets OF
few individuals. 60 into the treasury fC
the benefit of the whole people. II n
expenses of the government needed TO
, provided for, and protection to America
. Industries was desired, the imposition
ten per cent ad yalorem would on a
manufactured products, have settled II
; matter There is every reason, why
revenue Is desired. that with a duty
raw materials OF foreign production,
, corresponding internal revenue tax shou
. be levied on similar products. and Il
protection Of manufacturers thereof, lin
: tied TO an additional ten per oent.
SUGAR NOT TREATED RIGHT
. Mr Iiavemeyer's statement arouse
great interest and the next three hOu
were devoted ~ answering tquestlo
asked him by the members Of the comm
+ sion lie made an Incidental stateme
e which the commission construed itnl
n admission that the business was not
., profitable one. The witness confessed IN
o his company had very little regard
D the welfare OF rivals In business.
He declared that the tariff enabled I
e steel trust 10 mulct the public 10 the &
8 tent OF g pen ton and esid inc denta
Is tha Mr. Carnegie had no yet stated wi
he was going 70 do with his monty
on the question Of labor Mr.. Haven,
ere said the laboung element were fort
10 organized, bat tnat they sac. a.,
much Independence. and thu unions q
the effect OF bringing othe, men d5wn
a low level"
he contended that he was "A frield
labor and said that good men In IN! q
pIoy Of the trust were pa ten pc C.
more than they could get elsewhere
Mr. Havemeyer said that many mi
were done in business which looked
bloded and harsh. but that business g
dAons often required conduct izusiify
such Characterization. The farmer'.
thought ought 20 establish a trust