Jackson County sentinel. (Gainesboro, Tenn.) 1914-current, 1918-02-21

extortionate under the law,
an the course of these investiga-
lions II was found by canvass Of the
Cuban producers that their sugar had,
during the first nine months Of the
past year. sold for an average Of about
S4.24 per hundred I. 0. B, Cuba, TO
which duty and freight added to the
refiners' cost amount to about $500
per hundred The average sale price
of graduated by various rehnerles, &C
cordng to our investigation, was about
$50 per hundred, or a differential OF
S1s4.
I'm reducing the dlfferential to S1,So
there was a saving TO the public OF "a
cents per hundred Had such diff
ferential been in use from the LIST OF
January, 1917, the public would have
saved in the first nine months OF the
year about S2i $4,000"
Next Year.
With view TO more efficient organ
izatlon Of the trade in imported sugars
next year two committees have been
formed by the food administration
/. A committee comprising repre-
sentatiyes of all of the elements OF
American cane refining groups The
principal duty of this committee ls 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
resentatives Of the English, French
and Italian governments; two repre-
sentatiyes of the American reflners,
with a member Of the food admlnistra-
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 d
transport point of view Of all the al
Hes 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 as to the price 10 be paid for
Cuban sugar, hae nor had the hnai
voice. This voice has rested il the
governments concerned, together with
the Cuban government, ana | Wish 10
state emphatically that all of the gem
tlemen concerned as good commercial
men have endeayored with the utmost
patience and skill to secure Il lower
price, and their persistence has re-
duced Cuban demands by 10 cents per
hundred The price agreed upon is
about $500 per hundred pounds, f. o. b.
Cuba. or equal to about SO duty paid
New York.
"This price should cventuate,"
Mr.. Hoover said, ito about $3.50
per hundred for refined sugar from
tho refners at soaboard points or
should place sugar In the hands of
the consumer at from ga to 8
cents per pound, depending upon
locality and conditions of trade. or
al from to 2 cents below the
prices OF August last and from one
half to a cent per pound cheaper
than today.
There Ia now an elimination OF
speculation. extortionate profits, and
In the refining alone the American
people will save over S25,000000 of
the refining charges last year. A part
of these savings goes TO the Cuban,
Hawaiian, Porto Rican and Lousianian
producer and part to the consumer.
appeals to prejudice against the
food administration have been made
because the Cuban price Is "a cents
above that Of 1917. II Is said In effect
that the Cubans are at our mercy;
that we could get sugar cent lower.
We made exhaustive study OF the cost
OF producing sugar IN Cuba last year |
our own asciltS in Cuba, and |
we find II averages $3.50, while many |
producers are at higher level. We |
found that an average profit Of at |
least a cent per pound was necessary
In order to maintain and stimulate
production or that minimum price OF
s4.8T was necessary. and even this
would stifie some producers.
The price ultimately agreed was %
cents above these figures, or about one
fifth Of cent per pound to the Ameri-
can consumer, and more than this
amount has been saved by our reduc-
ton In rs1ners' profits. II we wish to
stife production In Cuba we could
take that course just at the time Of all
times In our history when We want
production for ourselves and the al
lies. Further than that. the state de-
partment will assure you that such q
course would produce disturbances In
Cuba and destroy even our present
supplies, but beyond all these material
reasons 10 one Of human justice. This
great country has no right by the
night OF Its position TO strange Cuba.
Therefore there is no imposition
upon the American public. Charges
nave been made before this commit
zee that Mr.. Rolph endeayored to ben
fit the California refinery OF which he
vas manager by this 81 cent increase