Show SUGAR sITUA TON IN WEST RE VIE ViED BY MANAGER LOVE Problem Confronting Company Company Com Corn pany R Explained to Commercial Corn Com mercial Club lub Members l If It the the- fair tall price commissioner of ot Utah can figure out the the practical plan pla whereby the prIce of ot sugar ug can be kept down n to U 15 I or 16 UG a hundred pounds while the commodity is at 30 In Chicago and still retain the tha sugar in Utah for tor or the use usa of ot manufacturers manu manu- and hOusewives of ot the he state we wo will turn what sugar we ve have o over oer overto overto to him for tor distribution was tho the statement statement state state- m ment nt made b by St Stephen phen II IL Love Iov pales ales manager manae-ar of ot the Utah-Idaho Utah Sugar company company com corn pany yesterday at the weekly lu luncheon lunch luzich- heon h- h eon o of the Commercial club This as assertion as- as met with immediate and antl hearl hearty app applause Reviewing Reviewing- the sugar situation from I the the- entrance of ot the United States Slate into the world war up to the present Um time Mr fr Ix Love ve took the industry through I those those- tr trying ing years explaining government govern govern- ment mont control and its ita and the unsuccessful attempt o of the govern I sugar BUbar manufacturers last fall tan to persuade President Wilson to purchase the Cuban Cuban Cuban Cu Cu- ban sugar crop and continue government gov gov- control o of the sugar business gOy I for tor another year ear Hoard Formed ormed The prewar production o of was as lO tons in the tho entire world of or which Europe produced approximately tons Cuba tons tho the United States tons Hawaii tons and the balance scattered through throughout ut the world he said To protect the tho countr country against a shortage eln in the commodity the government gov sov- formed tho the s sugar gar equalization tion lion board a government go corporation I a r capitalization with authority to purchase enough of the I Cuban crop to m met meet t tho the necessities of ot the people of or the nation nalton Following this action the beet and antl sugar mr cane men were call called d to Washington Washington Wash Wash- ington b by Herbert Hoover national food tood administrator anti and a voluntary agreement ae was entered into whereby tho the domestic product would bo be turned over to a distributing C committee ap appointed appointed appointed ap- ap pointed h by Hoover The price of ot the product wan to be fixed b by the l 1 ration board and ani b be b. the same sam as ns that I for tor the Imported cano cann plus the u usual ual differential o of J 10 0 to 20 O cent per hundred hundred hun hunI I dred pounds The first price set sot wa was 7 25 6 a hundred hundred later was advanced advanced ad ad- I I to 9 the second year ear i I Shows Shorn I Last year Cubas Cuba's production wan a I CO 0 p per r c cent nt below normal while the I production In th the United States decreased decreased decreased de- de creased from 8 tons to 6 I tons In tho the intermountain county tho production last season was vas little over o I bags bag's or 2 per cent of or th nations nation's production of ot which tho Utah Utah- I Idaho Su Sugar ar company produced one one- half halt The local production therefore therefore there there- one one-I fore for has practically nothing to do with the tho ot the tho market price Sugar producers o of the country met metIn metin In Inlew New lew York with the equalization board a n year IRr ago and It was as tho the con con- census of ot opinion that the the- should continue control of ot the situa situa- tion Lion This recommendation was waR made In th the form of ot a resolution and transmitted transmitted transmitted trans trans- to President Wilson The only ono one who opposed thi this plan I was 1 Professer Taussig of ot Harvard who took tho the stand that such action would mean paying tho the Cuban producers producers producers pro pro- 1 I cent a pound more for tor their product than before betor and would also give Shoe tho domestic manufacturers the same amount o of increase thus costIng costIng costing cost cost- ing tho the p people of ot the countr country half a billion dollars When no reply to the thc resolution was received tho producers met mt again In October when the situation situa tion was reaching a critical stage and again aln sent a n resolution to Wilson It Is not m my place ilace to criticise th the President of ot the United States and andI I do not Intend to do clo so FiO J I firmly be behove believe be- be hove lieve that this Ihli resolution never reached reche President Wilson Vilson and that Professor Taussig was was was' supposed supposed td to b be hi bi personal personal per per- perI I representative at al the thc conferences I E Even En n at that time th the United States held an option on third one of ot the RUgar sugar sugar sug RUg ar crop of ot Cuba but It was as never exercised exercised exer exer- and before January 1 this sugar was walS to European an countries I r. r In Set SetOn SetOn On October 4 t the tho l Idaho Utah aho Sugar SUlar company sol sold bags at 10 each Three weeks later lator the equalization board and the department of ot Justice declared 10 1050 O a bag tho the fair price and andt at t that price the government o purchased purchased pur pur- chased 1 from tho the local company bags b At the same sarno time made a price on Louisiana plantation yellow o of 1730 1750 and on Loul Louisiana lana clarified 1850 Those sugars normally sell seli for tor or 1 10 50 per bate bag under tho Lb beet sugar price i This price of 1050 on local sugar I was 8 1 continued until one half of ot the j I Utah Idaho production of J I bags baCs was as sold In Ja January luar the government gov gov- allowed It to be Increased gO 1 d to I 13 11 All this time enormous quantities I of sugar BUbar were being to th the tho east at a profit ranging from rom 10 t tu t 15 13 per bag g. I At t a a. a meeting of or the Colorado and antl I It Utah prou producers rf Mr Ir Love Lore said h he was Instrumental In III having the companies 8 set aside allotments for local con consumption su so th there r r would be sufficient to last Intermountain users until the new llEW crop came cau Jn Sn In tn October of ot this I ta t a 1 r. r to 0 o Ink lI l Intended to continue continuo We c soiling selling on this thiH basis but some five tI or six weeks ago we discovered cred all nil th the other producers pro pro- In Utah hind had disposed of ot practically practically practically all an of or their sugar and antl I 1 n assume It was sas sold at prices very much higher than prices prevailing In Utah continued con con- tinned Mr 11 Love IA There Is now but bags for tor local cond consumption and ad we wc lle need d just jUHl twice that much For the past three years he Continued h d on on page ag l. l 12 t L L. U. U t 4 r |