The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-08-11
REASON FOR RECENT
CUTS IN SUGAR
Bitter Fight on Between Great
Trusts.
BEET AND CANEMEN WAR
FURTHER TROUBLE Is coNsID-
Erred LIKELY.

The real secret of the repeated cuts in
the price of sugar in salt LAKE is crop
ping out as the sugar situation IS Being
discussed by the financial papers of the
The meaning of II all IS that a
determined fight is on by the American
Sugar Refining company, commonly
known as the Sugar trust, 20 crush out
or cripple the beet sugar industry of the
country
The Commercial and Financial World
of New York OF Aug. 3 is of The opinion
that the recent increase of Sl5,OJl000 n
the capital stock of the Sugar trust was
the first step in this warfare which Is TO
be carried on in the interest of the inn
portation and refining of the foreign cane
sugars. These come from ftdWdls Java,
In0ia and the West Indies, and the state
ment is made that an effort IS 10 be
made in the next congress TO nave the
duties on raw sugars reduced, and this, II
is held, viii be ruinOus to the beet sugar
industry.
beet factories are now producing one
third of all the sugar consumed in thls
country. good portion of TINS IS
handled BY the American Beet Sugar
company, which is in reality beet sugar
trust, although ii is still Tar from in
Guiding all the beet sugar factories 81
tho country 1t was organized in March,
1893. with a capital stock Of S19,090O0O.
The beet sugar factories Of Henry 1.
OXnaTd Of California are the principal
ones bought by this concern up 20 this
time: but the opinion prevails that the
other important factories of the cOun-
try will be taken in and that Snere VIII
between the cane sugar trust and the
beet sugar trust
Fight to Last Ditch.
The authority given above states also
that Spreckles is IN the cane sugar trust
with his beet factories located IN Cali
6Grni2i and that ne IS g gf 5S oTR o
mercial and Financial World says;
The Spreckels syndicate IS reported to
have given orders to its brokers vest OF
the Missouri river not TO sell any beet
sugar-tO sell, in fact, no sugar what
ever except such as has been made by the
syndicate itself. Recently the syndicate,
it is claimed, attempted to pers dade the
grOceTs of Denver to promise 20 make
70 per cent of their entire trade in the
product of the trust In other words, the
enmity Of the sugar syndicate. which
Is making every effort 10 ruin the busl-
pany"
1t further says: ct is quite certain
that the American Beet Sugar company
will fight to the last ditch, and it is even
safe to predict that in the long run 1t
will win the day. It certainly has the
cordial sympathy Of the vast majority
of those who understand the situation
An effort was made yesterday to see T.
r. Cutler. the manager of the LEM sugar
factory, and the father of the industry
in this state, to get his views on this
phase of the sugar situation but tnaI
gentleman is out in the mountains with
his family waiting for The best crop 10
ripen. For this reason he could not be
seen
1t is very evident. however, shat it will
be impossible for the Utah factories 20
keep out of this fight. With -he repTesen-
tative of the Sugar trust cutting prices
here at home, and with the prospect that
he will continue to do this evea after
the Utah sugar is put upon he market,
it will not be possible for the local sugar
makers to remain neutral in the fight.
It will not be surprising to see close
combination between all the beet sugar
companies of the country before another
year for war. both offensive and de-
fensive, against the cane sugar people,
and If the fight is taken into congress
with the one demanding free trade in
raw sugar and the other demanding a
high tariff, the fight will not be kept out
of politics.