The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1915-01-30

ers of Louisiana, Gov. Hall has util-
lied all the power of his offlce IN
their defense and sturdily stands py
his guns, unwilling to make any CON
cession to this destructive monopo-
ly. which has done such harm to our
state and in fact to the whole west
ern sugar world. The contradictory
actions and statements of the SUI
gar. trust show the present! flurrlea
condition into which Gov. Hall mas
thrown them. The sugar trust flnds
that it has at last killed the goose,
Or has endeavored to kill the goose
that laid the golden eggs. AS the
worm turns, SO the goose mas re-
volted, and the sugar planters TO-DAY,
with Gov. Hall at their back ana
with ample aid from their own
strong banks and able financlers,
are holding an immense Gactlon OF
their sugar crop, to thus secure
more nearly the worlds parity OF
prices for the sugar. 1t is nota-
Bile fact that in New York some OF
the sugar refiners are unable to sup
ply the demand on them for re-
fined sugar, Notwithstanding that 1t
is their own dull season. The sugars
don't exist in New York or in Cuba
in sufficient quantity to supply the
current demand and today, even with
all the monopolistic control and
incidental chicane that has attached
| to it, the sugars are held below a
| fair level of prices as compared
with the rest of the world. If the
sun shines in Cuba, the fact is tele-
graphed up to New York and the SUI
gar refiners at once report the mar
ket as easy and prices tending down
| ward because of the better weather
in Cuba, when not an additional
ton of sugar had yet been produced
Or sold.
The low quality Of the cane juice
of the off-coming Cuban crop, the
prolonged bad weather at the open
/ ing of the season and the purchase
4 of thousands of tons Of sugars by
the English government for January
delivery, have all combined to fur
nish short supply of several hun
dred thousand tons of sugar as COM
pared with the conditions year ago
as applied to cane sugars. This
does not include the effect Of the
exclusion of the great European beet
sugar crops from the commerce OF
the world. On the &ntrinsic merits
of tho case sugars should be today
1.-TWO ON three cents per pound higher
than Tow. The sitAation in sugar
is more difficult to control than it
is in wheat and we find that wheat
has nearly doubled in price, not
from monopolistic control, but sim,
ply because of the immense demand
for it. Sugar, on the contrary, is
held down by the New York sugar
trust combination, while half the SUI
gar Of the world, that which is made
in Europe, is cut out from the mar
ket and while in the western world
there is an inadequate supply, insult,
4 ficient to keep the New York rein.
ers supplied with sugars adequate
to their current demands.
The sugar planters of Louisiana
and of Cuba are resourceful and will
i learn in time to take care of them
selves by making better sugars, by
warehousing their sugars, by making
better financial arrangements anl
by quietly refusing to allow the su
gar trust and its coadjutors to die
tate the prices of this great staple
commodity. AS some one has re
Gently aptly said, to make So tes
sugar is to make sugar to sell Il
one buyer, j. e., to the sugar trust. !"