The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-03-02
CusAn.amERIcAm INTERESTS.
President HaWIey Takes issue With the
Editor sf Ham % oa's Magazine

Editor sf Ham pt oa's Magazine
To THE EDIroR or THE SrN Sir
-TAoU sAah no, bear false UhHess agdiRst
AS Aeishbor-
In its March issue a periodical known
as Ham ptoR's Magazine. plainly seeking
place in the galaxy Of infsmy by muck
raking methods. has published under the
caption Of The Anne xafion % Cuba by
the Sugar Trust a series % allegations
relating 20 The Cuban American Sugar
Company and one ~ it, most trusted and
respected Officers. resident in Cuba. To
which the subscriber Opposes brief
statement Of facts.
The article in question clearly asserts
that the Cuban American Sugar Company
has been owned. controlled and directed
for the trusts interests. and against
the true interest Of Cuha
Whether IL - profitable to answer fool
IN his folly and -landerer IN has malice.
10 question that philosophy has never
decided: neither Mr.. weIlivsr Of HGmp-
tons Magazine. nor any one who inspires
his recital Of distorted ina gination. can
escape with impunity the consequences
OF his iInbeciiity and n-ndacity.
The pretsnce is that they are giving
eNiut,ANrs Aut hiAaAAA AaNA ~ NhNy az" r1FAAh8
notoriety. and with the venom Of rabid
mArplot recklessly attack every object IN
view
They doubtless feel. this magazine and
] its authors. that the public revsIs in
sensation. but likewise unknown perhaps
- them the public has standard Of
truth and justice and fair play. and no
upright citizen ever invoked them in
vain
The -impl. history is that the Cuban
American Sugar Company began the de-
veIopment Of sugar estates in Cuba in
1870 In that year the Chaparra and
Tinguaro sugar companies separately
owned. and each under its own charter.
began operations subsequently. the
4 Iban American Sugar Company &C
quired the Cuban Sugar Refining Com
pany the Mercedita Sugar Company.
the Unidad Sugar Company. the Colonial
Sugars Company and the san Manuel
estate. the last only late in December.
These are all Of the properties or the
cuban American Sugar Company IN Cuba
II has no interest IN the nine other com
names or estates Jumped together IN a tst
IN the article along with the Cuban
American properties. ard classed as
dominated by refining interests In this
country. but as TO these nine properties
designated. the writer - quite familiar
Nth their ownership and whiie he does not
own and never mas owned a share ~
American sugar Refining nor National
stock and is not in the counssl- Of these
companies. he does not believe that
share OF interest il held by either company
m any OF the Cuban properties named
The Industrial development Of our CON
stituent properties has been conducted
with large investment Of capital. with
energy and purpose; a7d with these aids
what u has wrought out ~ a wilder
mesa Is attested ny the effect upon cuban
lie. and the fact that thousands OF Gu
nan. have been made prosperous through
10 agency.
In The inception ~ the enterprise the
siocxh plders IN the Cuban American sugar
Company were 81 New York. Texas.
oui-Ian1 and CUBA To-day there IL a
uch wider distribution. and they aggre-
gate about two hundred IN number
but nsIther then. nor since. has the
American sugar Refining Company.
nor the National Sugar Refining Com
pany. had share 81 its stock and
az for the influence 81 either
inc American sugar Refining Company
or the Nationa! Sugar Refining Company
on the life 81 tho Cuban American sugar
Company. tho simplest reply 10. that
With our own refinery in Louisiana
we are IN daily active competition with all
reflnSries IN tho sale Of our refined product.
and our surplus raw sugar 10 disposed
% through brokers at all times % tho
highest bidder for the sole benefit oG the
companys numerous stockholders. Tn"
CiIhAn- American Sugar Company oWe-
no other duty and all I've operations are
independents Of any other influence or
interest.
There are other and Gingularly con-
Trajectory phases in this article demon
sGrAuug the ignorance a. we'll rn.n-
dAaty 81 it, author
In speaking q the reciprocity trsa'v
with Cuba " states 1t lid not give
Cuban refined sugar any comparative
advantage. 40 the Old diHerential Was
retained. u merely allowed Cuban
raw sugar N come IN cheaper The