The weekly Iberian. (New Iberia, La.) 1894-1946, 1902-04-19

on the New York price. The three
slxteenths of cent ls taken off from
that price because the Sugar Trust.
the only purchaser we have, con-
tends that the fright rate from New
Orleans to New York ls three-s,x-
teenths of cent pound; and, sin.
gular to say, not pound of that
sugar goes to New York, but the
trust has refinery IN New Orleans
and there dlsposes of every pound
that is produced in the State of
Louisiana.
''lt the Sugar Trust has the pow
e" today, without the aid of legls.
latlon from the Congress of the
United States, to cut our price three
sixteenths of a cent, which it has
been doing for the last ten years. I
am gong to ask, if you give them
a further margin to get the raw
material of twenty per cent, do you
think the Sugar Trust will give us
the benefit of that twenty per cent?
We want you TO give US rebate of
three sixteenths of cent because
the freight from New Orleans to
New York is three-slxteentbs of
cent"
eff they have the powerful as
slstance of this government to cut
off ee-sixteenths of cent on
every pound of sugar we produce,
will any gentleman explain to me
why, with the assistance Of the Con-
gress Of the United States IN pass
ing this legislation, they will net be
able to tell the Cuban planter: we
will pay you the New York price
for your sugar, plus the tariff that
ls charged; but as they have cut off
the 81 6s l2 that you have paid for
1896 sugar, we demand that you
surrender to US this 80 per cent of
81 6s l-2
"All the Cuban planter can do is
what the Louisiana planter does.
He says: i will not sell 1t to you.
Very we'll, l can wait, you can
not The Louisiana planter can.
not And it is argued here that
the Cuban planter is in worse
financial fix than the Louisiana
planter. Yet the Louisiana planter
cannot walt, and not a pound Of
sugar ls held by the producer ol
sugar in Louisiana after the lst o1
January each year, the crop ter
minatlng about that time. They
are compelled to sell, ana the trus
is not compelled to buy.
''If the trust falls short on the re
fined article, II can turn to the over
production of Germany and France
and Austria Hungary and get th,
sugar to supply the deficiency, and
80 the Louisiana planter Is compell
ed to sell.
'sThe Cuban planter, If he b
worse off than the Louisiana plante
3 financially to-day, will be compelled
to deduct this 20 per cent granted
by the American Congress- and t,
: take for bis sugar, just as til
I Louisiana planter does, the prlc
e which the Sugar Trust ls willing t
/, give him. and the 20 per cent allow
r ed by Congress, alleged to be IN be
half of the Cuban planter, will g
into the pockets Of the Sugar Trust
! The Cuban planter cannot sell t
. any boiY but the American Suga
j Trust. Here is a proposition, if
can simplify it to the minds 0
: those who. are not familiar wit
those conditicns:
J sThe American buyer says t
9 the Cuban planter: i will pay yo
y the worlds price for your sugar
plus, the tariff on IT, delivered l
New York City, If he willie nc
II take that, he must go to England
t. tsell it, and when he gets to Englan
q he is told that he must take th
l. worlds price. Having to pay th
tariff on his sugar coming into th
y United States, he is on an equalit
'e so far az the price itself is concerned
N whether he goes to New York or
1t Liverpool with hissugar. The world
II price fixes the price in New Yorl
" and the worlds price fixes his prlt
'e IN England. His freight rate fro
se Cuba to New York Is cheaper tina
81 1t is to England. Therefore J
brings his sugar to New York.
~ eff you cut 90 per cent off of Il
= tariff he has to pay, the trust vi
cav TO him: we will pay you Il
y worlds price for your sugar, less !:
,n per cent of The tariff on the articl
he and II you do not want to sell it
re as then sell it to the other buyer
:, He goes to England and do
not get the benefit of this 20 p
" cent, but is compelled to p
III the additional rate Of trar
re po.ta'lo from Cuba to the Engll
N market, and therefore he is compe
%. ed to come 10 United States aud