Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1912-04-06
Business Quiet But Progress of
Leg station is Less
Threatening.
TWO IMPORTANT REPORTS
GIVEN TO THE PUBLIC
General Review of Business
Real Estate Market Strong
-WiIIett & Gray'S Latest,

Is the tariff to he taken of sugar?
This is the question by the answer
to which every mans act in Hawaii
Is guided at the present time. in mat
tors of business. Fear of the affirm
ativc answer has kept the stock mar
kct exceedingly quiet. and yet mighty
few believe that this Congress or any
nearby Congress will give an aflirma.
two answer.
The most positive news indicating
no serious reduction in the tariff was
received this week when the hui.
lctin published tho news of Soma.
tor Bristow's amendment to tho ~ Iar
tariff Rristow's substitute eliminates
tho Dutch standard Preferential full
duty NinCty.siX-degrcc test sugar
$I42ik per 100 pounds until June 30,
1918: until June 80. 1918. Si.32 per 100
pounds; after that Sl.21R per 100
pounds Retains present Cuban allow
ancc.
This is especially significant as in.
,dicaiinG the attitude of the Progress.
i've Republican Senator'S without
whose vote no revision of the sugar
tariff is possible.
The probability Is that the Senate
and House will deadlock If the sugar
tariff bill ever gets out of the Senate.
This is what the wise ones have
looked forward to all along, II one
may take the comment of the iinancia!
writer of the Hearst papers as of val.
ne. Under date of March 26. Mr. Shot
we'll writing from Wall Street said:
THE movement in Beet Sugar Is based
on collapse Of the movement at Wash
ington to take the tariff off sugar. So
certain are the beet.sugar men of the
impossibilitv of that movement that
they are planning to put several hun.
dred thousand dollars more Of capital
into beet.sugar factories. In theory
the duty ought to come off or be ma.
terially reduced. but the country is a.
weary of theories and Is working on
fact basis"
At the present time the only Gle.
ment of doubt Is the possible but, in
the estimation of this paper, the very
remote possibility. of a quick change
Immediately before the opening of the
Presidential campaign. Political ext.
gencies sometimes bring about queer
changes. Nevertheless all the indica'
tinns are against such quick changes
/ in the case Of sugar. Chairman I'm
lderwood rushed the free-sugar bill SO
suddenly into and through the House
that the people of the country did not
have time to be heard. Since the bill
passed the House, however, and reach
ed the Senate Finance Committee. pc.
titiOns and resolutions have been
pouring into Washington together
with large force of sugar producers
from the south, the island possessions,
and the beot-sugar States. Further
more, the Finance Committee shows a
disposition to give all these interests
a thoughtful hearing. Though one
frightened man in Washington said
1.-TWO weeks ago that the President FOR
poltical reasons might he forced TO
sign a freo.suCar bill, there is not the
slightest probability that the Prcsi'
dent will have the chance 10 sign %
veto such a measure at this session
Of Congress.
World Sugar Conditions.
The price OF raw sugar ana OF ooetS
has been dropping but the influence
operating in this instance is the great
tic.up of Industries in England In con
sequence of the coal strike. The
whole Industrial system Is brought to
a standstill, the people have less mon
~, with which IN buy and the manu-
sso,,,.i,,n os,ohI,shmonts are shut
s ",n" ' ~, ,,anw instamcos for want Of
ooM" III un"',, '"''" "
coai !" run 'no"' , .,,o,,,o, 70,
W''eO, "'"t a"S"' ',oo. ,,or
March ~ Saws Vi ''o Ia" '"e'' ''''
Kel: ,,,,rr,y ,ro.o, .,ooL ~
N'oi'''- .ia -i7e7, ton,
Europe ai,a A nn . ,,o, ~ ~,
asa'i's, "''fp''"1 ."'' , no 1900 ~
same uneven Noa oo "a'os. 'mu do
stock Is $50 '"na ,, a., 81, no
crease OF oIo,-lo 'o'lH 'aa. 80 DLo,, d,