The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1901-10-22

progress. Inc American sugar fteHn-
ing Company, commonly known as the
sugar trust" made the first move
when. as was told yesterday in the press
dispatches from New York. IL cut the
price OF it's product to Missouri river
points. Now comes the move OF the
American Beet Sugar Association,
which is opposing the trust Henry T.
Oxnard president of this association,
declares that the trust rate of SiS cents
pound for graduated sugar Is less
than cost price and that the beet su
gar men will let Missouri river points
alone and send their product to all
other markets in the United States.
This is what Henry T. Oxnard has
TO say of the sugar trusts move:
The sugar trust has just made an
other move in its desperate battle to
crush out beet sugar production and
ruin those who are trying to develop
an industry of incalculable benefit 20
the farming population of at least two
thirds of our States-an industry So
valuable to the agricultural sections
that European governments are foster
ing it by bountics direct and indirect.
The facts are as follows;
Raw sugar is selling for 80 cents in
New York and Eranulated ASS cents
or q margin of 10 cents between the
two. But the trust Is selling from t.me
to time and in limited quantities in
the Missouri river markets graduated
sugar at 3ia cents or a of a cent under
the cost of the raw material at New
York, paying in addition the freight of
So cents per hundred from New York
to the Missouri river. They are keep
ing the price Of sugar high in all parts
of the country except in the Missouri
valley.
The object is plain. The trust wishes
to force the beet sugar producers that
find a market in that particular section
to meet this ruinous price-to sell their
granulated sugar for less than the val
ue of the raw material at New York
and thus compel them to go out @:
business and leave the field to the
sugar trust. If they could succeed in
the Missouri river valley they would
then turn their attention to the beet
factories of Michigan and other sec
tons and by the power of concentrated
capital crush out successfully the indi-
vidual beet sugar producers.
Knowing that the above plain facts
must bring upon the trust storm Of
indignation, II tries to deceive the
public by claiming through the press
that the beet producers can still make
money at the low price II is trying to
establish. This Is false. If it had
been true then the trust would have
tried TO establish a still lower price.
They are not sacrificing IL cents per
pound in the Missouri river markets
to make a price that will still be profit
able to the beet sugar men.
But this particular move on the part
of the sugar trust will fall Hat. The
beet sugar factories will not sell their
sugar in the Missouri river valley at
1IG cents under the market when a
fraction of that liz cents will move their
sugar to every other market in the
United States. What the next move
of the trust will be remains to be- seen.
The trust also attempts TO justify its
action through the press by insinuat-
ing that the beet factories have gone
out of their riahtfu! sphere in making
refined sugar instead OF raw sugar to
be refined bv the trust. Independent
beet sugar producers have always made
and sold refined beet sugar. ii would
be putting ones head in the lions jaws
with a vengeance for the beet factories
to equip themselves only for tie mI Nir <
of raw sugars at prices to be fixed by
the trust Besides il is an economical
blunder to perform in two operations
what can be done as well in one, and
again the making of raw sugar would
confine the beet sugar industry to the
factories near the seaboard where the
sugar retineries are located, for a fac
tory located say in the State of Colo
RADIO could not exist if it's product had
to pay 60 cents per hundred freight in
the raw state 10 the Coast refinery AM
then GO cents per hundred more to come
back to the people OF the same state IN
a form fit for consumption.
The movement on the part of the
sugar trust in selling its refined sugar
far below the cost to it of the raw
material, cannot but fail 10 call down
on the head of the trust the cond"u-
nation not only of the beet sugar pro-
ducers. but also of all fair minded peo-
pie in the country. They have placed
themselves in an exceedingly poor po-
sition to go before Congress and ask
for the perpetuation of their power, az
refiners: although they have recently
arranged to increase their capital
stock to the extent of sl5, 900, 900 to rivet
their control of the raw cane product.
In view of this act on the part Of the
sugar trust the United States Com
gress can lily afford to inausurate the
policy of reducing the present rate OF
duty by reciprocity, or in any other
way which would have the certain eff
feet Of enriching the trust on one hand
and on the other the killing of the
most promising industry in the asri-
cultural business of America.
oNNARD REVIEWS THE SITUATION.
Los ANGELES. Oct. 9.-The Informal
tlon that was yesterday exclusively pub
lished in the Herald that the sugar trust
had made another aggressive movement
against the beet sugar industry through
its western connection, the Western Su-