Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-04-26

the dispOnition 10 rob the Cuban plant
ers OF the benefit they would otherwise
derive from this reduction In order 10
enrich Itself II further proof Of this
disposition is required twill be found
In the testimony of Mr.. Havemeyer, It's
sole manager before the Industrial
commission. as follows;
"Q--Now, | also understood you 20
imply at least that II Is the policy OF
the American Sugar Refining company
TO crush out all competition, II posi-
be?"
"A-But that is not so; there is no
such testimony. | understand II has
been put in that form by one Of the
gentlemen, but Il Is not the fact. What
| said was that Il was the policy Of the
American company to maintain and
protect It's trade, and II II resulted IN
crushing n competitor II Ia no concern
OF the American company IL he gets
In the press that Is his affair. not ours"
"Q-And If anyone interferes With
the business profits, or competition pf
the American Sugar Refining company
II is It's policy TO prevent II, II possl-
ble?'
Ably lowering profits TO defy II.
"Q.-And II IL results In crushing him
out"
"A,-Qnterrupting). That is his at
Sair.r
"Q.-Not the affair OF the American
Sugar Refining company"
"A-No."
On page III Mr. Havemeyer's testl-
mony reads as follows;
OIL say he (the consumer) may be
benefited temporarily for six months
or a year; but If after the crushing
out has taken place, you then, as you
said In your testimony. resume a mar
gin OF profit which you consider N the
right thing, and that is the only thing
you were governed by. / ask you then
whether the consumer viii be mater
tally benefited or not2'
Ais he not benefited 10 the ex-
tent OF the reduction of the prices dur
ing the fight?"
"Q.-He Isl but II he has TO pay dou-
BILE or three times the price after the
fight is ended fail to see where he Is
benefited"
ALE is not II he has TO pay that
"Q.-I understand you TO say when
the war was ended you evened upV
AYES"
"Q.-The price you put on was for the
DtItHI vi lIlt
"A.-Yes."
"Q.-Do you think It Is fair that the
consumer should pay a dividend 10 your
company on brands, good will, etc.?"
Al think Il Is fair 20 get out Of
the consumer all you can consistent
with the business proposition"
"Q.-You state that as an ethical
proposition before the commission. and
you have to stand on that ethical po-
stion for fair play. Now, i want 10
know n you thlnk-you stated that the
consumer received the benefits Of this
consolidation Of industry--it fair ethl.
cal position. independent OF the busi-
ness view you put on, that the consum-
er should pay dividends on this S25, OOO,-
600 OF over ca DitalizatiOnY
Al do not care cents for your
ethics. | do not know enough OF them
TO apply them"
Does anyone believe that this gentle
man. as tender and gentle CONNER
clal buccaneer as ever "cut a throat or
scutted a ship" having both the pow
or and the disposition. would permit the
Cuban planter 70 receive 81 OF the saw
ing effected by the reduction Of the
duty that he was able to take for HIM
self?
1t Ia a significant fact that the stock
Of the sugar trust has advanced from
about sic to Sl3S per share since the
time II became reasonably certain that
this bin would be passed. The gentle
men who deal In this stock are willing
10 pay these enhanced prices. because
they believe that the trust VIII be BEN
Gifted by this legislation. and n they.
shrewd business men and shrewd spec
ulators. believe It, why should we
doubt?
But Il is said that this proposed law
IS 20 last for less than two years; that
the beet sugar industry VIII not be
hurt In his short time. The difficulty
Is that this legislation IS proposed at
the most critical time IN the history
Of this Industry. As have already said.
80 factories are projected. II their
erection Is discouragsd-as ! firmly be-
lieye Will be the caso-the money viii
be Invested elsewhere and the oppor-
tunity for this great development VIII
be gone IL Is not much consolation 10
man who Is 10 be ruined 90 tell him
that Il VIII be done quickly. ! am re-
minded OF the gentleman who under
took a trip down the Niagara river
In q barrel upon q wager. BY some
strange dlspensation OF Providence he
was saved 60 relate his experience. He
said that II was "all plain and easy and
beautiful sailing above the falls, and all
plain and easy and beautiful sailing
below the calls. but going over was
hi"
am not going 10 take thr time N DIS
cuss AZ any length the question OF our
duty 20 Cuba. because it Is now prac-
tcally conceded that we are under. no
moral or legal obligation 10 the Cuban
people to pass this law. IL must be
conceded by everyone that we have
been more than generous to these pe0-
pie. We have relieved chem OF $500 0oo,-
aoo Of Spanish debts; we have distrto-