Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1911-08-26
iCLAUS A. SPRECKELS FURNISHED
new CHAPTERS IN SUGAR PROBE

in Hawaii. bought the stock OF Il
company owning forty thousand
acre plantation for ten cents a share,
and after four or five years sold II
for $40 share, some of " for $50
GLOW much did you clean up In
that campaign?"
About s2,OOo,Ooo. This was part
of the time when there was free trade
In sugar. The Hawaiian planters
thought they might get part of the
bounty that was being paid on sugar.
and that was the reason they over
threw the kingdom and became a
part of this country. There is AZ
ways trouble where there Is sugar
Trust Control OF Hawaii.
lie spoke of the Hawaiian Factors,
an organization that markets all the
sugar raised on that island and pre-
vents the cutting Of prices by the
planters. II Is so compact an organi-
cation that he said he had never
been able to buy sugar from 1t, al
though he had offered more for II
than any one else would pay. He said
he believed there was connection
between that organization and the
trust. Mr.. Spreckels said after he
sold his plantation he went to Eu
rope and came back In 1902 and
started the Federal Sugar Refining
Company.
"Why did you start this company
and why did you want to get back u
the sugar business?" asked Mr.. Hard
wick.
well" replied Mr.. Spreckels. al
he Strengthened back his broad shout
dcrs. 81 did not know but what ] wa
getting rusty and wanted to get bacl
IN business. Associated with me wa
Mr.. John w. Mackay, whose inter
est Is now held by his son, Mr.. Clar
ence II. Macay. We issued $3.500,o 90
preferred stock, and most of the Sc,
/ 500 900 common stock went as bonu
with the preferred. We have pal
six per cent dividends on the pre-
fcrrcd stock. which represented casl
and the rest of the money has gon
/ back into the business
when you went into the bushes
in 1902 did you meet with any obs'a
Giles from the American Sugar Rein
ing Company?'
"The competition was very sever'
and we had lots of trouble. but | can
not say the trust was responsible
for IT,"
/ Trouble. What kind OF trouble
Cutting prices?" asked Mr.. Hardwicl
more than that. II was much III
same kind as we had at the Phil
dclphia plant. Machinery was col
stantIy breaking by things bein
thrown In it."
Annoyed by Stealth.
Did these things happen after yc
became partner of the Havemeyel
In the Philadelphia plantT' ,
"No."
and did you have the same ammo
r ances after you started the FEEDER
company"
, mot always the same, but son
: one would siphon the sugar liquo
, from a vat, to a toilet, so 1t won
! run In the sewer. Dead rats we
being found In the barrelled suga
. There were so many complaints tn
J, went to the refinery at midnig
1 and had every barrel that was rca,
D for shipment opened. In every ol
: there was such quantity of refu
as to practically spoil the sugar
what was the motive back
: this?" ltt4s
u "Wcll, I discharged the men, a
when they wanted their pay ia
them to go to the men who employ
them. A lawyer came to see me o
time about collecting their wages a
:. told him would welcome 81
and would like to have the who
:. thing threshed out In open court. T
suit was never brought and the m
A were never paid. heard the sar
. men went to work at the Havemey
& Elder plant"
, do you have any of that trout
a now?"
Il mo; we have perfected our
q ganization and always maintain
% sufficient guard to prevent troubl
Effect Of Lower Duty.
a, Mr.. Spreckels said he had been I
@ able to buy sugar from the louisa
I. planters, and told how In the PAL
n OF 1907 he sent a ship there W
is the hard cash and was unable to
It more than third of a cargo,
'e planters fearing wrath of the tru
ID