Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1914-08-26
REASONS Why
SUGAR IS HIGH
Domestic Sugar Producers, Of
New York City, Set Forth /
Number Of Causes.

tria- Hungary, England turned to the
nearest available sugar market, which
happened to be New York. Backed
by cash, assuming all the war, risk In
volved in shipment and ready to pay
whatever prices might be necessary
to secure sugar, British buyers invad-
ed the American market. Within
little more than q week. they pufchas-
ed almost 100, 1000 tons of raw and re.
fined sugar, bidding up the market
nearly 3 cents a pound in the process
of getting it. Their buying subsidized
temporarily only when they found It
impossible to secure further prompt
transportation. AS another war meas.
ure for securing a. supply of sugar, or
ders we're issued in all the sugar
growing colonies of Great Britain for
bidding the sale of sugar except for
imperial use.
Visible Supply Was seant.
At the outbreak of the wal the Wis
ible supply OF sugar available for the
American market was barely sufH-
cient to last until the new crop OF
American grown sugar should begin
to become. available in October. The
withdrawal 81, Zoo, 900 tons from this
supply created q serious shortage,
and inquiries received in the New
York market indicating that England
would seek to obtain several thous-
and tons more Of sugar, and that 9th
er European countries might endeavor
to purchase sugar here, threatened
to make this shortage much more ser
ious. AS a result, American purchas.
ers In the sugar market, seeking to
protect their own trade, entered into
active competition with the foreign
buyers in the scramble for sugar. To
make the situation more acute, CON
sumers in all parts Of the country
rushed to lay in supplies far in ex-
cess Of their ordinary purchases, thus
accentuating the scarcity.
The prize for which the buyers of
Great Britain and America are con.
tending is the Cuban sugar crop. Eng
land and the United States each i'm.
port annually about 100000 long
tons Of sugar. The Cuban crop is
about $780, 900 tons, enough to supply
one Of these two big customers, but
entirely inadequate to meet the needs
Of both. The prospect, therefore,, is
for . keen struggle on the part OF
these two countries to secure the bulk
of the coming Cuban crop in case the
war continues for any considerable
length Of time.
Sugar From Tropics.
When the present blockade of shin.
ping is relieved, it is probable that
Great Britain, and possibly also the
United. States, may obtain some su.
gar from tropical cane growing coun.
tries other than Cuba. The fact re.
mains, however, that the European ma.
lions producing annually 5000, 900
long tons of sugar, or As per cent. oi
the entire worlds sugar supply, are
now at war. "A large part Of this
crop will be sacrificed-how much
remains to be seen. At any rate. ap.
proximately 1000, 900 tons ordinarily
exported from these countries Is with,
drawn from accustomed trade chan,
nels, and this means a worldwide
scarcity of sugar while the war con.
tinues and probably for some time at.
terward.
The one great lesson for the Amer.
lean people in the present situation
Is the necessity Of encouraging and
developing the production from Amer.
lean soil 9f all the sugar required by
the AmericaR people so that we may
be independent Of, other nations and
our consumers may be assured Of q
permanent adequate supply Of cheap
sugar. NMW
MverEnl0lle