Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-08-01


derstood me. did not say sugar was
country. ] say that a dollar will buy
more graduated sugar in the United
States than il will buy in any other
countTy-in the world.
Mr.. Stephens Of Texas-And is not
the cost of living reduced 10 that eX-
tent?
Mr.. Fordney-Whatever it has been
reduced in price the cost of living has
been reduced accordingly. Now, let
me say attended Keith's Theater one
night not long ago in this city, and a
funny man gave an illustration and
attacked the House of Representa-.
tfVes for legislation that had been
passed. He referred to the Democratic
promise to reduce the cost of living
and showed how much sugar has been
reduced TO the consumer-20 cents q
hundred pounds-and upon inyestiga
ton ! found the gentleman was about
correct He went further and said
that the price OF sugar 10 the cOnsum
eF had been reduced 20 cents hun
dred pounds. or mills pound, rath
er. He said a mill is a tenth of a
cent, and a person in using sugar in
coffee uses a quarter of an ounce
OF sugar in a cup of coffee, and in
order to enable the poor devil to save
a nickel he must drink 1900 cups of
coffee.
Now, you have reduced that much
the cost Of living. "
Mr.. Sloan - viii the gentleman
yield? 49, :.
Mr.. Fordney-I will. H..
Mr.. SIoan-Was not the statement
which the gentleman had made rela.
tive to how much dollar would buy
in this country true also before the
duty was reduced as well as 1t is now?
Mr.. Fordney-lYes. sir; that is true.
England. having a less duty on hei
imported sugar than we have, could
furnish refined sugar to her consum.
ers at a less price than We do. for
England imports all her sugar. Yhave
here a letter written by our American
consul at Liverpool, dated June Is,
which | received day before yester-
day. He writes that sugar is selling
retail at Liverpool England, for 5
cents a pound. In my home town in
the State of Michigan, anyone can
purchase % pounds of graduated su-
gar for 81, Az cents a pound. ] have
another letter here. from Lyon, France
stating that sugar, on the 18th OF
June, this year, was selling for Z II to
cents a pound, graduated sugar,
and today / received a letter from cur
American consul at Paris, France. say;
ing. that sugar was selling there on.
the 18th day of June for 6 cents o
pound Sugar Is cheaper here than in.
any country in the world. yet, gentle.
men, IL is not possible to produce DO
nestle sugars. either from cane or.
beets, to compete with the refining
companies that import foreign raw SUI
CARS under free trade. Under free
trade the domestic manufacturer must
20 out of business, there is no ques-
tion about that.
Mr.. Garrett of Tennessee-Will the
gentleman yield?
Mr.. Fordney-I yield to the gentle.
man.
Mr.. Garrett of Tennessee-The gen.
tleman has reference to the price OF
sugar in. Germany and France. He is
discussing the question of price in re-
lation to the tariff or the tariff in its
relation to price, as the case may be.
or course. the gentleman does not
wish to be understood that there isI
no tariff on German or French sugar.
Mr.. Fordney-Oh, no. What ] was
trying to illustrate is that sugar is
--..- 4, thf. o1unfrv fhan On INV
country In the world.
Mr.. Garrett Of Tennessee-The tax
upon it-really all the tax put togeth-
er-on the German and French sugar
Is really higher?
Mr.. Fordney-Oh, yes; in Germany
IL Is $2.03 a hundred pounds, and in
France about the same. But that tax
IL an export and internalreyenue tax
combined The point was making
was that, although we are highly
protected country, sugar is cheaper
here than anywhere else in the world.
Mr.. Mondell-Mr. Chairman, will
the gentleman yield there?
Mr.. Fordney-Yes.
Mr. Mohdell-Is IL not a fact that
the price of sugar has not been appre-
ciably lower since the passage of the
Underwood bill? There has been no
appreciate lowering of the price to-
the consumer, and the difference in
the tariff has been almost wholly re-
tanned by the importer and the rein
err
Mr.. Fordney-Yes. ] will say, and Il
have the quotations here
Mr. Mondell--In other words, the
factories have been closed and the in.
dustry has been put on the bum and
the government has lost revenue with
out our people getting any appreciate
benefit?
Mr.. Fordney-Yes; that is perfectly
true. There was some little reduc.
ton to the consumer for brief pc
Rod, but not reduction equal to the
reduction of the duty in the Under
wood tariff law.
Mr.. Mondell-I would like to ask the
gentleman one other question.
Mr.. Fordney-Very well
nj 4. IL