Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1902-02-06

Making the free-on- board value at IIoilo 4. 0675
The duty Of !, ls5c per pound on the free-on-
board value of 1.ObI5c per pound is ll2 per cent
ad valorem
Again this is the fact capable of con-
firmation as stated by the same authori-
ties that granulated sugar was made i'm
1901 in more than one factory in irrigation
states Of the west at cost of not ex-
ceeding to 3.15 cents per pound. As the
average price of graduated sugar at New
York IN 1901 was sos cents per pound and
the freight to the west one-duarter to one
half cent per pound, 1t is evident that the
profit to such factories was not less than
2 cents per pound. Two cents per pound
on cost of cents is profit of S. per
cent or sufficient to pay the entire cost of
the factories within three years running.
A Michigan prospectus states that a
factory construction company will guar
antee to produce sugar from beets at
cost OF "a cents to Ia cents. 1t also
states that any we'll equipped refinery will
pay for itself in three years.
The proposal under consideration to give
Cuba a drawback or bounty of p or 80
per cent would assume a much better as
pect II the proposers offer to pay the
bounty out of their profits of Sc per cent.
Some gentlemen are not overmodest in
their requests for paternal consideration
of their Infant industry"
The United States is a chivalTous coun-
try. OlnefMlSe II WOulu never nave ldhtll
the part Of down-trodden Cuba against
Spain. Chivalry never does things by
halves Chivalry demands that the United
States give Cuba entire free sugar. not
quarter or half loaf, which will prove
only bare sustenance to her and scarce
ly more than Offset what it costs her to
raise sugar above the present highly de-
preciated value of the article below the
cost Of production.
A present of free sugar to Cuba means
$50 O0O, 900 less revenue to the treasury
ION crop of 1901), which can be spared
without being missed and still leave $685.
900, 600 revenue on 100000 tons sugar out
side. The impetus given consumption of
sugar in the United States and the slow
increase of production in Cuba from $780,
900 tons basis will continue the $S6OOO.OOO
revenue on loo, 900 tons required from
countries outside OF Cuba for at least
two years. and then be gradually reduced
as the Cuba and beet-sugar industries
grow together to meet our requirements.
The first for supplying our needs east of
the Missouri river and the latter the en-
tire region beyond, to the Pacific coast.
Under free Cuba sugar the beet-sugar
industry is bound TO grow with vastly
more rapid strides than under a constant
dread of the ghost OF free sugar. This
is the position taken by Messrs. Willett
& Gray and which they are backing up
with facts. and the facts they give APP
pear unanswerable. tl
With all due Difference to the 66 per
cent profit gentlemen, "our first duty
now is to do something for Cuba" Shall
IL be a quarter or a half loaf, or a gen.
erous full loaf, in harmony with what is
required by our relations to Cuba from
the chivalrous standpoint we occupy to-
ward that island?
Messrs. Willett e. Gray give the follow
ing additional statistics bearing on this
point:
1901
CONSUMPTION OF sugar in United States for The
calendar wear 1901. Tons OF 2,240 pounds.
Of foreign