The Morgan County press. (Wartburg, Tenn.) 1916-1926, 1918-02-08
E. ]. DORSCHIED, d. D. S.
DENTIST
OAKDALE, TENN.
Continued from page one)

| HOOves said. IAN examination was
made OF the costa and profits Of retin.
ing and II was dnally determined that
the spread between tho cost Of raw
and the sale Of refined cane sugar
should be limited to $3.50 per hundred
pounds. The pre-war difrerentiat had
averaged about 81 cents and iRereased
costs were found to have been impos'
ed by the war ID increased cost OK 70.
lining, losses, cost OF bags. labor. insuF-
ance, interest and other things. rather
more than cover the differences. After
prolonged negotiations the rcfners
were placed under agreement estab'
fishing these limits on October !, and
anything over this amount to DO agreed
extortionate under the law. Ss1' y -Ss' !
"In the course 0f these anveStiga-
tons II was found BY canvass pS the
Cuban producers that their sugar had.
during the FIRST nine months OF the
PAST year. sold for an average OF about
&4.24 pcr hundred (. q. h. Cuba, to
which duty ana freight added to the
reNners' cost amount tn abOut &N.n0
per hundred. The average aaie price
OF GRADUATED ny various refineries. &C
corl.ng 20 our investigation. WINS abOue
$7.10 per hundred. or . dfffeFens'at az
$1.S4. t..5 &
I'm reducing the direrentiai 10 $3.50
there was a saving to the public ct ~
CENTS rer hundred. Had such q Aif.
ferentiai. heen in use from the lM "t
JnnuNrv. t9f7. the ruhlic wNaild nave
saved in the N-st nine months OF the
year about $24 500 Oo0." 81 yse.
Next Year.
with q view to more efsiciene organ
ization OF the trade M imported sugars
next year two committees have been
formed BIZ the food administration:
10 1. "A committee comprising repre-
senta .lyes OF ali OF the elements OF
American cane refining groups. TIE
principal duty Of this committee y 20
divide the sugar imports pro rata %
their various capacities and zee thar
absolute Justice Il done 20 every -
finer. =.
2. A committee comprising three rep
resentatlves Of the English. French
and Italian governments: two repre-
sentatives of the American Fesaners,
with a member of the food administra'
ton. Only two Of the committee have
arrived from Europe, but they repre-
sent the allied governments. The du'
ties OF this committee are to determine
the most economical sources from
transport point Of view Of all the al
lies to arrange transport at uniform
rates, to distribute the foreign sugar
between the United States and allies,
subject to the approval of the Ameri-
can. English. French and Italian gov
ernments.
This committee. while holding strong
views az to the price to be paid for
Cuban sugar. has net had the nnal
voice. This voice has rested In the
governments concerned, together with
the Cuban government, and ! wish TO
state emphatically that all Of the gen.
tiemen concerned as good commercial
men have endeavored with the utmost
patience and skill to secure a lower
price, and their persistence has re-
duced Cuban demands by Is cents per
hundred. The price agreed upon Is
about $46O per hundred pounds. {. o. b.
Cuba, or equal to about So duty paid
New York
~ThIs price should evsntuate,"
Mr.. Hoover said. ''to about $3.50
per hundred fer refined sugar from
the rsfiners a sSaboard points Or
should place sugar In the hands OF
the consumer at from ga 70
cents per pound, depending upon