Show RATIONING SUGAR WILL lOWER PRICES HOOVER DECLARES Former Fonner ormer Food Administrator Has Plan to Reduce Cost b by y Restrictions BT fly L lr Washington May fay 8 Rationing of sugar to manufacturers of nonessentials non essen- essen and ond an agreement between the United States and to foreign reign countries not notto notto notto to bid against each other for tor this commodity commodity com com- wore were suggested today b by Herbert Herbert Herbert Her Her- bert Hoover as a means of oC relieving the present su nr r situation Mr r. r Hoovers Hoover's suggestions were were- contained con con- tamed In a telegram to Senator Capper Cap Cap- per Republican Kansas In response to toone toone toone one of ot Inquiry from the senator Mr Hoover said Id the government go was primarily primarily marily responsible for the present situation sit Bit nation Dation through h the failure to purchase the Cuban Caban sugar crop The present sugar sug-ar position is 18 due simply to bad business business administration administration admin admin- said Mr Hoover Last t September September September Sep Sep- the tho administration could have ha bou ht tho At tr nr r crOn rr Ti nf of II b VL lot fit a 63 1 cents cents per pO pound d- d fo- fo for foa a raw as s sugar s- s Th This would have given Iven cent 12 sugar BuSar to our consumers As the result of ot failure to act we wc are arc subject to unparalleled unparalleled unparalleled speculation and profiteering The Increase in price is imposing an additional tax lax on our people of oC about 50 50 per family per annum The Tho profiteering is international This situation cannot be remedied by the tho attorney generals general's conception that forces of ot this character can be handled b by putting a few Cew people In jail Something could be bo dono done to remedy remedy remedy rem rem- edy matters If It our government even now entered Into negotiations with the tho largo European governments s to stop bidding against each other and secure our fair share of ot the available available- sup sup- plies The Tho second thing that could be done to break this gigantic bubble of or speculation speculation lation lotion would bo be to reduce consumption through Immediate rationing of or tho the nonessential consumers More oro than third one-third of or our sU sugar r Is used by the candy sweet drinks and other manu mann manufacturers of nonessentials During the war ar these tra trades es patriotically cooperated cooperated cooperated op co in public Interest In such reduction reduction tion and themselves found substitutes of oC other sweetening materials for Cor th the i maintenance of or their trade They would no doubt co again I Exportation of oC sugar would be prohibited prohibited prohibited pro pro- under a n. bill introduced today b by Representative Hudspeth Democrat Texas The Tho bill would authorize tho the federal trade commission to Investigate Investigate gate the manufacture distribution and sale salo of or sugar |