The Sneedville news. (Sneedville, Tenn.) 191?-19??, 1918-08-09

during the drst nine months OF the
past year, sold for an average Of about .
A.24 per hundred 4. o. b. Cube, TO
which duty and freight added to the
reflners' cost amount to about 1893
per hundred. The average sale price
of granulated by various rennerics. &C
cording to our investigation. was about
$3.50 per hundred or q differential OF
S1.s4.
I'm reducing the dIfYerential to $3.50
there was a saving to the public OF o.
cents per hundred. Had such OH.
ferentiaI been in use from the LIST OF
january, 1917. the public would have
saved in the first nine months OF the
year about $24.s00 600"
Next Year.
With a view to more eficient organ
ization Of the trade In imported sugars
next year two committees have been
formed by the food administrators:
/. A committee comprising rspre'
sentati ves Of all of the elements OF
American cane refining groups. me
principsI duty of this committee IL To
divide the sugar imports pro rata to
their various capacities and see that
absolute justice Is done to every re-
finer.
2. A committee comprising three rep
resentatiyes of the English. French
and italian governments; two repre-
sentatives Of the American rehners'
with a member Of the food administra-
ton. Only two Of the committee have
arrived from Eu-ssYo, but they repre-
sent the allied governlcezts. The du-
ties of this committee arc to determine
the most economical sources from
transport point Of view Of all the al
lies to arrange transport Mt UNIFORM
rates. to distribute The foreign sugar
between the United States and allies.
subject to the approval Of the Ameri-
cun. Englisn. french and Italian gov
efnmegts,
ibis committee. while holding strong
vkEs as to the price to be PAID TOT
C6i,an sugar, has not had the anal
yb.ce. This voice has rested In ne
governments concerned. together with
the Cuban governments and ! wish TO
state emphaticnly that ell Of the go
| tlsmen concerped AZ good comme9ciai
men have endeavo1 with the vtp3
patience and skiTi ~ secure
price. and. their persistence has ii
duced Cuban demands by ID cents pr
hundred. The price agreed upon -
about s4oo per hundred pounds. TO ..
Cuba, or equal to about 50 duty PAID
New York.
"Thls price should eventuatss"
Mr. Hoover said, "to about V.so
per hundred for refined sugar from
| the renners at seaboard points ~ .
|, should place sugar In the hands o
the consumer at from eN to
cents per pound, depending upon
locality and conditions OF trade, or
at from I to cents below the
priess OF August last and from one
half TO a cent per pound cheaper
than today.
"rhere Is now m elimination Of
speculation, extortionate profits. ano
in the refining alone the American
people will save over $26.0O0,000 Of
the refining charges last year A par
|, of these savings goes 20 the Cuban
Hawaiian, Porto Rican and Lousisniar
/, producer and part to the consumer.
!. Appeals to prejudice against thu
: food administration have been made
. because the Cuban price II "a cent
. above that Of 1917. II u said In effec
. that the Cubans are at our mercy
> that we could get sugar cent lower
O We made exhaustive study Of the COS
; OF producing sugar In Cuba last yea
through our own agents 10 Cuba, ant
we ind Il averages $3.50. while man!
. producers are at a higher level W.
= found that an average profit Of q
|. least a cent per pound was nscsssar.
In order TO maintain and stimulat
! production or thai q minimum price o
= s4.37 was necessary. and even TIL
- would slide some producers
10 The price ultimately agreed was 2
" cents above these figures. or about one
a nth OF cent per pound to the Amer
a can consumer. and more than TIL
a amount has been saved By our redus
" ton In refners' pronta n We wish I
II stins production IN Cuba We eoul
= take that course just at the time Of q
Is tines In our history when we van
A. production for ourselves and the q
,e lies. Further than that. the STATE d
- psrtment win assure you that such
course would PRODUCT disturoancss
Cuba and destroy even our presses
supplies. bot beyond al these matsrii
reasons 10 one Of human justiea m
great country has - night By u
nigh, of It's position q stransis osba
Therefore there ~ no imposifie
|. upon the American public Chargs
30 have been made before this commi
"A tee that Mr. Rolph endesvored 10 be-
4. cot the California refinery q which !
:, was manager By this - cent fnereal
~ IN Cuban prica Mr.. Rolph cid not {
!. the price. II does raise the prtcs
:. the Hawnfisn farmer about IN
n amount II does rot rsiss ths profit .
M the California refinery, eecsuss ne
"A chsrrs for refining IL. nks al ether ?
ar fners limited 10 $50 30 huntr'
poundA pfus the frcaght dtrtrsntiai Z
the established custom q 81 trsta
M Rninh has pos cns II M sf /