Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-01-26
CUBA SEES PROFIT.
IF us. CUTS DUTIES
World Sugar Situation Not to
Liking of the Island
Republic.
BY 7. c. ROYLE.
Special Dispatch to The star

Special Dispatch to The Star.
NEW YORK. January a6.--Belief was
expressed today in various trade circles.
Including the canning industry. the SUI
gar trade, the confectionery field ana
the snft drink lines. that the move Tor
lowering Of tariffs made by some OF the
Latin American countries represented
at the Pan-American Conference con-
tanned one step for themselves ana one
for Cuba.
The Cuban sugar planters have never
ceased to hope for a lowering OF the
American tariff wall so far as sugar Is
concerned. President Macilado has for
rlaliv signed the decree restricting Gu
ban production 10 100000 tons ana
has specified the amount Which IS ear
marked for United States consumption
But no one knows yet just how TINS
plan will work cut
Gamers and American can producers
said today that they did not expect the
move to cause any extraordinary aG-
vance in the price of sugar. and II stu
is doubtful as 10 what Cuba can or Will
90 with the surplus over and above her
Own needs and the amount the United
States Will tske This viii have no
small bearing on the price situation.
Excess OF sugar.
There is apparently an excess OF
sugar the world over. Latest flguTeS
from F. O. LIGHT. leading authority on
European beet crops. indicate Europe
will produce between 6.62S.oo0 and s.
$4,000 tons Of sugar this year. THIS
compares with 5.o42 900 ons IN the last
season The island possessions OF tho
United States undoubtedly will show
increased productions with favorable
weather conditions. Porto Rico is eX-
pecfed 10 show a 500o0-ton increase.
Hawaii NAV have $4,000 tons. while the
Philippine Islands may produce l0o.-
600 tons more.
The sugar beet crop is 10000 tons
larger than a year ago. and the domes-
tic beet acreage probably will Yield
] 100000 tons Of sugar. LOUISIANA
planters have increased their paintings
enough 10 raise the yield from S1,o00
tons to i.5.o00 or more.
The domestic producers are having
a struggle 10 get by IN many instances
owing to the present low prices OF
sugar. The Louisiana industry is Just
getting back on its feet. The beet
growers are just getting over bad sea
son and the island producers are Just
getting into full swing In an infant IN
oustry.
While the Cuban restrictions seem uN-
likely 10 make any decided change IN
the price. any reduction in the tariff on
Cuban sugar would just about put the
domestic producers out OF business and
would result, according TO experts, IN
wide fluctuations This woula have
bearing on scores of industries The
Gamers. the confectioners. the tin plate
manufacturers and even the bottle pro-
ducers need and want stability in sugar
prices.
Widespread Effect.
The widespread effect can be judged
from the fact that there are over $780,
p00. 600 tin cans used IN this country
every year. The fruit canning industry
is one OF the basic lines OF endeaVor
and sugar is extensively used as pre-
seryative In 1926. big year. Caliior-
MIA alone packed q GOO, 600 cases.
Nearly $3.50, 900 900 vas spent on
candy alone in this country and one OF |
the chief raw materials bought was !,
sugar. Each Of these industries is de- |
pendent on price stability for raw ma /.
terials.
The sugar producers in the United
States anticipate far better results from
the activities Of the sugar institute just ,
formed than from Cuban restrictive
legislation The institute is counted on
70 eliminate unfair trade practices, 10
cheek cut-throat competition. indlsc-im-
mate consignment of sugar Throughout
the country and fayoritism 70 certain
customers.