Salt Lake Herald | 1895-03-09 | Page 1 | Sugar Bounties

SUGAR BOUNTIES REGULATIONS Port THE1H PAY MUST DEI G CONSiDERED Appropriujion 3Vot Iarse Enough to Cover Entire Claims So the Far meats Will Jjc TroRatcd Washington March S The secretary of the treasury will within the next few days begin the preparation oC regulations under which the appropriation appropria-tion of 55000000 made by the last Congress Con-gress as a bounty for sugar produced In 1894 will be made The act provides that there shall he paid on cane and beet sugar produced in 1894 a bounty at the rate of eighttenths of one cent per pound and appropriates 5000000 for this purpose The best data obtainable obtain-able however indicates that the ap propriation is entirely too small and that something like 56120000 would be necessary to liquidate all of the claims on a basis of eighttenths of a cent per pound Louisiana it is said produced about 700000000 pounds Florida and Texas 20000000 pounds and estimating the beet sugar production at 4p000C00 pounds the same as the yield of 1S93 gives a total of 765000000 pounds In view of the probable shortage Secretary Carlisle has decided to prorate pro-rate the payments among all the producers pro-ducers according to their yield This 4 would warrant a payment of about 63 cent per pound instead of 8 cent Under this arrangement all claims will fare alike and any scramble for precedence pre-cedence will be avoided