The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1917-09-04
THE SWEETEST STORY
EVER TOLD, PRICE OF
SUGAR IS TO Be CUT
Food Controller Hoover, After q
Conference With Producers,
Arranges for a Price of 7.25
Cents q Pound.
Special Correspondent, to Tbs Herald.

Special Correspondents, 10 Tbs Herald.
Washington. Sept i-Onc OF the
first great accomplishments Of the
food administration looking to "a re-
duction in the price ~ f~oodstuffs to
The consumer was contaminated at %
conference held IN Washington last
Friday night between Mr. Hoover and
officials Of the leading domestic beet
sugar producers representing so per
cen Of the total beet sugar production
oi The United States. The conference
was called at the request OF Mr.. Hoo
yer with a view To securing. II pos
sthlc, an agreement with the beet
sugar people to reduce their prices in
the interest Of the
Price oT T.25 Effective October {.
After a discussion of The increased
cost OF production. including the in
creased cost Of beets which a adj
NUnced In common with all other
farm crops and the unprecedented
high cost Of labor and supplies. the
representatives Of the beet sugar pro-
ducers voluntarily entered into an
agreement with Mr.. Hoover to charge
not more than ~ cents per pound.
New York basis, Tor their entire 1917
output. regardless Of the price OF Ina
J ported sugar and Of their ability Ia
secure higher prices. This price Is to
be the maximum price Of beet sugar
from the first OF October until the
first Of January. the months during
which most ot the domestic beet sugar
j. manufactured.
AZ the present New York price OF
,urar Is So cents per pound, and the
domestic beet sugar crop amounts o.
900. 600 tons. this mean that by this
arrangement the consumers Of the
United States will ave S22. O0G. 600 o.
more on their sugar bills this year. and
that the domestic beet sugar produc'
'rs viii clip that vast amount from
profits which they might ave Sc
cured by following the ever ascending
cane sugar.
with available stocks OF sugar II
this country at - low ebb home pro
Cuced beet sugar Is the only X tina
will come onto the market In any
quantity until the latter part OF tn
lNear. when the Louisiana r Will b.
harvested. The Cuban crop, from
which the bulk Of our foreign supp
be- obtained. will not enter our mark
cts until after the first ot the year
hence the domestic beet sugar crol
,loifarcd the only opportunity of effect
iuC an immediate saving To consumer
Action on Canc sugar to Follow.
Now that the domestic beet suEa
Producers have agreed to lower ihei
prices. Mr.. Hoover hopes that othe
domestic aud insular sugar producer
viii take similar patriotic action. IL
also hopes tu bee able To secure som
/ concessions from Cuban pro
Gucers.
Should the result Of this yoluntar
Iurlco reduction of domestic beet susa
I|tcsuIt lu making possible = like saw
ms ON Louisiana ana msular sugar
the benefit 90 American consumer
will amount 90 $40. 1000. uOn "a year. am
o. viii bo double that mount II Nj
Hoover finds IL WAY tu secure q simila
reduction ON cuban sugars.
Tho loyal response Of the beet slgn
producers no the appeal uf the foot
administration Go lower their prices
Illustrates how much stronger thi
|lcuuutry would Ice economically II "
produced .l Of our ugu ~ home
where. whether 10y process ~ law -
: motives of patriotism The price 81 'I
sugar consumed m the country c"ul'
/, I've kept az % reasonable" price IRE
from speculation
| same Price to Government ana Iuhli'
Tho patriotic action of jh" dun'Sit
beet sugar producers Der duttnly mo-
Iticoahlc. in hat tho low price fiNc
ample. not sulrl, 90 such = as IN
government may need for it- "a use
= thereby leaving the producers an ul
poruuity tu rccuup their lus-c- az ia
b expense Of the consumers hy Churgtn
10 Them higher prices. but it applies I
10 cNory pound ~ SUGAR produced ire
!spocti,c Of who purchases IT,.
When the war broke out in Eui"l'
Great Britain was securing the bal
Of rs sugar from Germany and Au'
tria cut OF from that supply BIRTHS
BUYERS entered Cuban and other trop
cal sugar markets aud began niddiu
against the United states for ra'
sugars which normally are markete
in this country. Naturally, with Nv
anxious purchasers, instead Of one 10
different one. the price began to elm
Although the increase iu the price
sugar has been less than the tr'
meudous increase in the price ~ oth'
food commodities, the increase ht
been steady and No foresight coul
Itcll To- what It would have risen, b,
for the arrangement which the de
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