The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-02-21

report to that effect.
The Chairman. You do not know
anything about that?
Mr. Rithet. No; do not know
about that.
Mr. Raker understand, Mr.. Rithet
the Hawaiian Sugar Factors Co. re
duces the raw sugar in Hawaii?
Mr.. Rithet. They do
Mr.. Raker. And that company, the
Sugar Factors Co., own all Of the
stock of the California & Hawaiian
Refining Co. except $500 shares?
Mr.. Rithet. Yes, sir
Mr.. Raker. DO you not own a little
of it?
Mr.. Rithet. 1t is in my name, just
to qualify me as a director
Mr.. Raker. Who else is qualified as
a director besides yourself?
Mr. Rithet. Warren d. Clark, Frank
b. Anderson, Wallace NJ. Alexander,
w. II. Huntington, August Hamburg,
D. Y. Campbell, and myself.
Mr.. Raker. And this stock is sim
ply held by them as trustees for the
purpose of qualifying as directors?
Mr. Rithet. Yes, sir.
Mr. Raker. The Sugar Factors Co,
has contract with the Amercon
Sugar Refining Co., which has hereto
fore been entered in the record?
Mr. Rithet. Yes, sir.
Mr. Raker. That contract, as en-,
tered in the record, is correct is it?
Mr.. Rithet. 1 believe so. We have
a stipulation of so much reserve for
the Pacific coast in the American
Sugar Refining Co.'S contract and we
do not have to get any authority from
the American Sugar Refining Co. for
our supplies.
Mr.. Raker. The point | was getting
at is, you have contracted, or this
Sugar Factors Co. has contracted all
their sugar in the Hawaiian Islands
except 10000 tons
Mr. Rithet unterposingl More than
that; 100000 tons now.
Mr.. Raker. All their sugar in tho
Hawaiian Islands except 10000 tons
which you reserve exclusively for
your factory?
Nh Rithet. Yes, sir.
Mr.. Raker Now, the Sugar Factors
Co. do not sell to anyone else on the
Pacific coast?
Mr. Rithet. No.
Mr. Raker. Does the Western Sugar
Refining Co. handle any of that sugar
on the Pacific coast?
Mr.. Rithet We have sold to then
once or twice, but not lately
Mr.. Raker. why do they not sci
to the Western Sugar Refining Co?
Mr.. Rithet. Well, we are human,
Mr.. Raker. What is the object o
that?
Mr. Rithet They think, and pei
haps it is a narrow-minded view t
take, but they do take that view OF
the islands, that they might be assist
ing a competitor.
Mr.. Raker. If they sold it to tn
Western Sugar Refining Co?
Mr.. Rithet. Yes, sir; that is tn,
only reason | know of.
Mr.. Raker Can you give and dis
tinction, so far as the real facts ar
concerned, between selling directly t
the American Sugar Refining Co. al
of the sugar except what you resery
and selling it to company in whic
they own half of the stock Can 20
draw any distinction at all?
Mr.. Rithet One is for the Me-
York market and the other is for tn
Pacific coast market
Mr.. Raker ! understand that; bl
what is the purpose Of it?
Mr.. Rithet Just to prevent thel
from competing too strongly on I'll
coast, that is all. ! do not see an
thing else. The New York mark'
E and the San Francisco market al
separate markets altogether.
t Mr. Raker Is it not for the purpo'
, of taking the extra quantity or supp
of sugar that would land on the +
2 cifc coast and bringing it East
that the price on the Pacific coast
E kept up by the present arrangement
Mr.. Rithet. No; l do not think II
price has anything whatever to 1
{ with it,
Mr.. Raker. As a matter of fact
] it were not for this agreement b
tween the Sugar Factors Co. and Il
p American Sugar Refining Co, wou
not this sugar come to San Francis
naturally, because Of its location, !
# cause of the freight rate, and a ia
tory being there which could rein
and would not that great territory "
S speak of get sugar much cheap
than they now do owing to this &C
tract with the American Sugar /
# fning Co.; and therefore this &C