The Devils Lake world and inter-ocean. (Devils Lake, N.D.) 1915-1920, 1918-03-13

per hundred. The average sale price
Of granulated by various refineries, ac-
cording to our investigation, was about
$3.50 per hundred, or q differential OF
$1.84.1
"1n reducing the d%ifferential to $1.S0
there was a saving to the public OF d
cents per hundred. Had such a 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 1924, 100000"
Next Year.
With a view to more efficient organ
ization Of the trade in imported sugars
next year two committees have been
formed by the food administration:
!. A 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 to every re-
finer.
2. A committee comprising three rep.
resentatives of the English, French
and Italian governments two repre-
sentatives Of the American refiners,
with a member Of the food administra-
ton. Only two of the committee have
arrived from Europe, but they repre-
gent the allied governments. The du-
ties Of this committee are to determine
the most economical sources from q
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 not had the final
voice. This voice has rested in the
governments concerned, together with
the Cuban government, and I wish to
state emphatically that all Of the gem
tlemen concerned as good commercial
men have e%ndeavored with the utmost
patience and skill to secure q lower
price, and their persistence has re-.
duced Cuban demands by Is cents per
hundred. The price agreed upon is
about, $500 per hundred pounds, t. o. b..
Cuba, or equal to about So duty paid
New York.
"This price should eventuate,"
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 Q
cents per. pound, depending upon
locality and conditions Of trade, or
At from ! to z 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 $25,OO0,OO0 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. 1t Is said in effect
that the Cubans are at 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 own agents in Cuba, and
we find 1t averages $3.50, while many
producers are at a 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 a minimum price of;
$487 was necessary, and even this.
would stifle some producers.
1.-THE price ultimately agreed was q
cents above these figures, or about one
fifth Of a cent per pound to the Ameri-'
can. consumer, and more than this,
amount has been saved by our reduc1
ton in relners' profits. II we wish to-
stifle 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 all
llG6s UEINeT lIldu ludI tll0 Ut6Io U0e.
partment will assure you that such q
course would produce disturbances In
Cuba and destroy ven u present
supplies, but beyond all these material
reasons 10 one Of human Justice. This
great country has no right BY the
might Of its position to strange Cuba.
Therefore there ID no imposition
upon the American public. Charges
have been made before this commit!
tee that Mr.. Rolph endeavored to benz
eft the California refinery Of which hs
was manager BY this "a cent increase
in Cuban price. MI. Rolph did not Ok
the price. It does raise the price to
the Hawaiian farmer about that
amount. It does not raise the profit Of
the California refinery. because their
charge for refining IL. like all other re-
timers, limited to $3.50 per hundred
hounds, plus the freight dilferentisl on
established custom Of. the trade.
'aaluh has not one penny Ct ~
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