The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1909-05-20
SMOOT ENTERS A
STRONG DENIAL
Continued from Page /.


Mr. CLAW declared that the average tar
if duty paid on sugar by the sugar
trust amounts to 104 cents per pound
instead of being 1882 cents per hun
dred. He said that the differential OF
.215 per hundred pounds ON rehned
sugar should be added to the average
duty of 1O4 cents per hundred instead
of to !. 635 cents. as is done In the Payne
bill
He said the sugar growers Of CUBA
Porto Rico, the Philippines or the Ha-
waiian islands or the consumers in the
United States received no benef1t from
the concessions made in the duty ON raw
sugar from those islands. Mr.. Clay de-
elared that the price of refined sugar
was not reduced because of the reduc-
tions in the rates on raw sugar.
Reiterating that the American Sugar
Refining company is commonly called
the sugar trust, Mr.. Clay declared this
trust has constantly violated both the
criminal and civil laws of sur country.
It is inconscionable and has continual
IN robbed the American people since its
organization. Instead of knocking at
the door of congress seeking to increase
its fortunes at the expense OF the
masses of the people by reason of IA
vorable legislation. its officers and those
directing and controlling its formation
and operation ought to be at the bar OF
the criminal courts on trial for most
serious criminal offenses, and instead of
enjoying their ill-gotten wealth, they
deserve to be serving long terms in our
federal prisons"
Formation of Trust.
Mr.. Clay reviewed the establishment
of the s0-caIled sugar trust which was
formed. he said, in 1887 by the consOli-
dalton of twenty of the leading refiner-
I les. While the actual value of the
/ property of the trust was not greater
than $4,000, 600, according to Mr.. Clay,
the sugar trust stocked the company at
/ $4,000 600. He said that the conees-
sions i'm the duty on raw sugar from the
Hawaiian islands, Porto Rico, Cuba
/ and the Philippine islands during the
/ last ten years amounted to S212,220, 7IS,
Of which, he said, the treasury of the
United States or the American people
had received no benefit. The most
grasping and unconscionable trust to be
l found anywhere is the American Sugar
1 Refining company" added Mr.. Clay,
commonly called the sugar trust The
steel trust and the Standard Oil, I'm
point of dishonesty and INSCRIPTIONS
conduct, are sucking babes in COM
paTisOn with the sugar trust
Treasury Robbed.
Mr.. Clay reviewed the various cases
and claims of the government pending
against the sugar trust. "Omcials rep
resentng the government, who have
made an investigation into these fraud
ulent transactions, he continued, be
lieve that the American Sugar Refining
company has robbed the treasury of
more than $4,000 600 justly due the
treasury. IL deserves no mercy at the
hands of congress and most assuredly
no favors at the hands of congress. The
criminal and civil laws ought to be rig
orcusly enforced against it. and the best
way to destroy il is to give it healthy
foreign competition.
IF the sugar trust can find a de-
fender on the floor of the senate. then
we have reached a condition of affairs
most deploTable. If we are TO continue
to legislate millions of profits into the
pockets of this class of men at the ex-
pense of the American people, then let
Us adopt the sugar schedule provided
by the finance committee of the senate. -
1 In concluding. Mr.. Clay declared that
the Payne tariff bill viii give no sub
stantiai relief to the American people.