The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1911-08-25
CLAUS SPECKELS'
Continued from page nine.l


product?
Mr.. Spreckels. It operates to keel
the price up, sir. They are not com
peting with each other
The Chairman TO sell?
Mr.. Spreckels. Yes.
The Chairman, In other words, the
Factors Company acts for each indi
yiGual planter that belongs to the
association in disposing Of the prod
uct?
Mr.. Spreckels. Yes.
The Chairman. Takes his product
and settles with him?
Mr.. Spreckels. Yes; so as to elm
mate competition between each other.
The Chairman SO the Hawaiians
will not compete with each other in
disposing of the raw product?
Mr. Spreckels That is right
The Chairman. In disposing of the
raw sugar to the buyer of raw sugar?
Mr.. Spreckels. Yes.
hhS Nhdll man. lldJ Is very inter-
esting. DO you think it is a pretty
big association?
Mr.. Spreckels. So much so that I
have not been able to buy a pound of
Hawaiian sugar since | have been in
the business.
The Chairman. You mean the Fed
oro1 Cor,DoDyo
Mr.. Spreckels. Yes; the Federal
Company has not been able to buy a
pound.
4 The Chairman. Well, why?
/ Mr.. Spreckels. Because they are
more or less allied with the Califor.
nia-Hawaiiap Sugar Company.
/ The Chairman. Do you know, or
have you any reason to believe that
there is any alliance with the West.
ern Company?
Mr.. Spreckels. I believe so.
The Chairman. In other words,
they sell their product to the Califor.
nia-HawaHan Company and to the
| Western?
Mr.. Spreckels. No; not to the
Western, as I understand but the
Western is controlled by parties who
have the control of sugars outside of
the Factors Company.
The Chairman. In other words
they have large sugar plantations?
Mr.. Spreckels. Yes; they have
plantations.
The Chairman. From which they
supply the Western?
Mr.. Spreckels. Yes.
The Chairman. But the bulk of the
Hawaiian Company's stuff goes to
the California-Hawaiian Sugar Rein.
ing Company?
Mr.. Spreckels. Yes; that is the
idea.
The Chairman. You say you have
made efforts to buy from these peo-
pie?
Mr.. Spreckels. I have offered to
make contract with them.
The Chairman. To bring it to New
York?
Mr.. Spreckels. Yes; to take part
of it out in California and part in New
York-to take the entire product Of
the entire Factors Company. But RI
have not been able to get an oppor-
tunity to bid on it,
The Chairman. Was it because youI
did not offer enough that they would
not sell to YOU?
Mr. spreckels. That was not the
reason.
The Chairman. Well, why? Did you
go above the market in your bid?
Mr.. Spreckels. never made q
price. | said if they were willing to
let me make bid would give them
price and give them a bond for the
payment of it, and therefore they
would run no risk.
The Chairman. What was their
reply?
Mr.. spreckels. They said they
were very glad to hear that, and they
would come to see me; but they did
not.
The Chairman. They never came?
Mr.. Spreckels. No. And all the
time they were dickering with Mr.
Hayemeyer, which l knew about. I
told them I would not set a price UNI
til they tod me they would deal with
me. said, 81 will offer, and am pre-
pared to pay you, more than anybody
in the market"
The Chairman You told them that?
Mr. Spreckels. l did. told that
to Mr.. Rithet, who was one of the
of the Factors Company
that came on to New York to dispose
Of this product.
The Chairman What year was
that?