The chronicle=news., 1914-09-05

WI ,Jm 1hlCE- ..,... /.
Or ''sD8AR is MeA
Europe and America are now en-
gagged in a battle royal for sugar
That is the primary cause of the high
prices that now prevail. Cut off by
the outbreak OF the war from her
supply OF !. 500 900 tons Of sugar or
dlnarily secured from Germany and
Austria-Tinhgnfy. England turned
to the nearest available stgar mar
ket. which happened to be New York.
Hacked by cash. assuming all the war
risk, involved In shipment and ready
to pay whatever prices might be nec-
essary to secure sugar. British buy
ers invaded the American market.
Within iittfe more than a week they
purchased almost 100 900 tons OF raw
and refined sugar. bidding up tho
market nearly 3 cents pound in
the process OF getting 1t. Their buy
ing subsidized temporarily only when
they found II impossible to secure
further prompt transportation AS
another war measure for securing q
supply OF sugar. orders were issued
In all the sugar growing colonies OF
Great Britain forbidding the sale Of
sugar except for imperial use.
At the outbreak Of the war the Wis
ibie supply of sugar available for the
American market was barely suffi-
|cient to last until the new crop OF
American grown sugar should begin
to become available in October. Tho
withirawal of 100 900 tons from this
|supplyi created a serious shortage and
received in the New York
market indicating that England
would seek to obtain several hundred
thousand tons more OF sugar. and
that other European countries might
|endeavor to purchase sugar here,
threatened to make this shortage
much more serious. AZ result.
American purchasers in the sugar
market. seeking to protect their own
trade, entered into active competi-
|tioh with the foreign buyers In the
scramble for sugar. To make the SIT
|uAtion more acute, consumers in all
parts Of the country rushed to lay In
supplies far in excess OF their ordf-
nary purchases. thus accentuating
the scarcity.
The prize fol, which the buyers Of
dfeAt Britain and America are con-
tending is the Cuban sugar crop.
England and the United States each
import annually about 1000, 00O
long tons OF sugar. The Cuban crop
is about $500 900 tons,e enough to
supply one of these two big custom
ers, 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 Gu.
han crop in case the war continues
for any considerabie length of time.
When the present blockade of ship
ping Is relieved, it is probable that
Great Britain, and possibly also the
United State1 may obtain some su-
gar from tropical cane growing eoun-
tries other than Cuba. The fact re
mains, however, that the Ear6hekh
nations producing annually 8, ,80O,-
900 long tons of sugar. or As per cent
of THE entire worlds sugar supply.
are now at war. large part OF thin
crop will be sacriffced-how much
remains to be seen. At any rate, 1p-
proxiEn2tely 2.eO0,O 900 toms ordilar-
lily exported from these ,scounrties is
withdrawn from accustomed trade
channels. and this means a. world
wide scarcity Of sugar while the war
continues and probably for some time
aftervard. 60
The one great lesson for the Amer.
1fcan people in the present situation
fs the necessity of encouraging and
developing the production from
American soil of all the sugar re.
iduired by the American people sc
1that we may. be independent of 9th.
Ter nations and our customers may bt
assured aof a permanent adequate sup.
lply Of cheap sugar. -.
Wren the bowels feel ,uncomfort
able and you miss the exhilaratint
3feeling that always follows a copiou'
morning operation, a. dose of HER
BINE will set you right in coupl,
of hours. II, taken at bedtime yor
get its beneficial effect after break
fast next day. Sold by the Hausmar
Drug co. --..-.F. - =, -.
r.. r. Es..-.-
D. fS6R.G1I