Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-03-11
BRITAINs LII Ting
| Of SUGAR BAN To
AFFECT HAWAII?
Influence on. Price is Discussed
Here-0pening of Darda-,
.nelles Bigger Factor

The effect on the sugar market Of
the announcement Of Great Britain's
intention; soon to lift the han on the
of sugar from neutral
countries was the topic Of discussion
today among sugar factors agents and
brokers'. 800 j.. |s III.
According to the despatch from Lon
don it was intimated by Home Secre-
stary McRenna in parliament that the
success Of the Allies blockade on Ger
many would make it safe for private
British sugar importers to order ship
ments without. danger OF their falling
Into German hands. This means also
that Great Britain intends to give III.
gossrnE.raent control Of the sugar sup
There Is q sdiytsicn among sugar
men in Honolulu as to the effect on
HaWaits. supply. Some say It will
make no difference as the government
has Itself been buying all the nation
needs and that private importations
woAld not swell their purchases. 9th.
ers thought Il would increase the inl-
bortations to Great Britain and there,
nv raise the price Of sugar. 60 80
Another International factor pointed
out was the prospective opening Of
the 70 ardanelles. This viii release ct
least zoe, 900 tons of sugar from Ras.
sion and possibly, If the. BRUSSELS
agreement Is held void in time Of war,
much more, Ia thai. case England will
likely. get much of. its supply from
Russia and the price is likely to drop.
II don think myself it win affect
us much, said a., M, Novel;. man.
ageE Of the Sugar Factors company.
don't see how It can. In the first,
place, England has ell the sugar 1t
viii need for some months. according
g g 4 Eillett e Graz. ID the, second
place don't think any more win be
bought than would be under the pres
elt ciEcqpls ances, not enough at any
rate to- affect the world market to such
en- extent that the price viii be raised.
And that is the only way We are afr
thing the opening . Il the pa Dsrdan.
elies and the release of at least 200.-
coo tons Of Russian sugar IS much
more Important. - tss ~ t s:
A. similar view was taken by w. *.
Love, broker. The British situation.
he said, was too mixed for any indi.
cation at present as to what effect the
ehange viii have. ].
England first; put on the restriction
ibecaHserit didn't want sugar brought
in frOn Holldld that would originally
come from Germany and thus help us
enemy he said. Another thing was
that the gbEeFnment Itself bought
q huge amoSzt of sugar last fall at 3
high price and IL didn't want that.p
lowered By aimportations by private
sellers, % s s
Just What, the situation is now that
makes it lift its ban cant tell. And
whether 1t will 60 into the market
heavier than II did{when. under gov.
erpnent control also is predetermined.
What buying British importers will do
viii have to- be from CHha, OF course.
1t may be that private dealers won't
be wiling to pay as much as the gov.
eminent did IN its war order, but the
motives Of the warning nations are too
concealed for any generalization.
w. o. Smith, secretary OF the Ha,
wall Sugar Planters Association, re-
fused to EXPRESS any opinion s.
cant tell myself whether the pur-
chase for the English supply will be
increased enough to raise the price,
be said. II doubt IL 1t affects us much
Indirectly il that way. OF course, it
wont directly because we don't ex.
port to England ourselves anyway.