Show 7 U. S. S Sugar Industry in Bad Condition Smoot W WASHINGTON ASHINGTON Jan 10 CAP CAP- AP Chairman Smoot of or the finance committee asserted In the senate today that the domestic su sugar ar Industry in industry industry in- in was on tho verge of or annihilation anni- anni illation and that powerful Now New NewYork York financial Interests behind Cuan Cuban Cuban Cu- Cu ban an production were gouging ou ln the American people of ot hundreds of or millions of ot dollars Urging an Increase from to I cents a a. pound In tho the Cuban I raw sugar duty as ns proposed ed by his committee Smoot celebrated his 1115 sixty eighth l t birthday b by delivering one of ot the tho most vigorous speeches In III his entire twenty seven years Inthe Inthe in the senate Is Tho The domestic sugar BuSar industry In a demoralized condition unpreCedented unprecedented dented in Its history ho asserted adding This was brou brought ht a about by overproduction overproduction over over- production In Cu Cuba a a as a a. result of oC exploitation T by y American capitalists capi capi- |