Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1918-01-24

Sf-st per .GnbIti i. u. u 'efH, "
which duty and freight added to the
retners' cost amount 10 about 1896
per hundred. The average sale price
of ~granulated by various ~refneries. &C.
cording To our Investigation. was about
$3.50 per hundred. or & d~ltferentlai OF
$751;.
"In reducing the differential to Sl.3o
there was a saving To the public OF 81
cents per hundred. Had such a dit
f~crentiai been in use from the 1St OF
January. 1917. the public would have
saved in the first nine months OF tie
year about S24,soo,0o0."
Next Year.
With a view 10 more efficient organ
ization OF the trade in imported sugars
next year VI committees have been
formed by the food administration:
/. 4 committee comprising repre-
sentatives OF all Of the elements OF
American cane refining groups. The
principal duty Of this committee Is to
divide the sugar imports pro rata to
their various capacities and see that
absolute justice is done 10 every re-
finer.
.. A committee comprising three rep
r~escntatives OF the English, French
and Italian governments; tWo repre-
~sentatiyes of the American reiiners,
with Il member Of the food admiuistFa-
ton. Only two OF the committee have
arrived from Europe. bur they repre-
sent the allied governments. The du-
ties of this committee are 10 deternllAa
the most economical sources from a
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 Amerl-
can, English, French and Italian gov
ernments.
This committee, while holding strong
views as to the price to be paid for
Cuban sugar, has not had the final
voice. This voice has rested In the
governments concerned, together with
the Cuban government. and / wish TO
! state emphatically that all of the gen.
tlcuen concerned as good commercial
men have endeavorcd with the utmost
patience and skill TO secure a lower
price, and tlleir persistence has re-
duced Cuban demands By Is cents per
hundred. The price agreed upon Is
about S4.cD per hundred pounds, t. 0. b.,
Cuba, or equal 10 about Sc duty paid
New York.
"This price should e%ventuate,"
Mr.. Hoover said, ito about $3.50
per hundred for refined sugar from
the reflners at seaboard points or
should place sugar In the hands Of
the consumer at from eH to 9
cents per pound, depending upon
locality and conditions Of trade, or
at from I to 2 cents below the
prices Of August last and from one.
half to a cent per pound cheaper
than today.
'There Is now an elimination of
speculation, extortionate profits, and
in the refining alone the American
people will save over so, 100000 of
the refining charges last year. A part
of these savings goes to the Cuban,
Hawaiian, Porto Rican and Lousianian
producer and part 10 the consumer.
Appeals tn prejudice against the
food administration have been made
because the Cuban price IS 81 cents
above that of 1917. 1t Is said in effect
that the Cubans are ut our mercy
that we could get sugar a cent lower
We made exhaustive study of the cost
of producing sugar in Cuba last year
through our W agents In Cuba, and
we find it averages $3.50, while many
producers are at u higher level. We
found that an average profit Of at
least q cent per pound was necessary
In order to maintain and stimulate
production or that a minimum price OF
S4.T was necessary, and even this
would stile some producers.
THE price ultimately agreed was q
cents above these figures, or about one
NTH Of a cent per pound to the Amerl
can consumer, and more than this
amount has been saved by our reduc
ton In renners' profits. If we wish tt
stine production in Cuba we coult
take that course just at the time Of al
times in our history when we wan
production for ourselves and the al
lies. Further than that, the state de
partment will assur you that such O
course would produce disturbances ir
Cuba and destroy even our present
supplies, hut beyond all these materia'
reasons Is n Of human justice. This
great country has no right by the
might Of Its position to strangle Cuba.
therefore there Is no imposition
upon the American public. Charge.
have been made before this commit
tee that MI. Rolph endeavored to ben
EFT the California refinery OF which hi
was manager by this "a cent increas,
In Cuban price. Mr.. Rolph did not fl,
the price. It does raise the price L
the Hawaiian farmer about tina
amount. 1t does not raise the profit 0,
the California refinery, because theil
charge for refining Is, like all other re
fners, limited to S1.3O per hundred
pounds. plus the freight differential OF