Salt Lake Herald | 1901-02-16 | Page 6 | Russian Sugar is Excluded

RUSSIAN SUGAR IS PRACTICAL EFFECT OF OP GAGES GAGES RECENT ORDER Business Busi s Amounts to About a Year YeTt Trust is i Greatly Greaty Pleased by Government Help New York Feb Fe 15 Secretary Gages order imposing countervailing duty of 32 3 cents on each peed pod pounds of Russian Rusian sugar imported into this Nis country count is the subject of consider considerable considerable considerable able able comment among among sugar men Al AI Alfred Alfred fred fe F Gray of Willett Wiett Gray said Some time ago the secretary sent an expert to investigate the sugar growing industry in Russia and to find out if Russia Rusia really relly paid a bounty either ither di direct dirt direct rt or r indirect caa on Q sugar production It has not as yet been determined whether or not Russia Rusia pays pys a direct bounty on the exportation of o refined sugar It I was wae 16 found however that tat the th Russian system of controlling the supply as aswell aswell well wel as the domestic price of sugar operated as a bounty to the manufacturers manufacturers manufacturers of f that country The action acton of Secretary Gage Gge indorses the vote of the conference held last year at Brussels to the tine effect effect that Russia should be placed upon the same basis bais with other countries cun ries in the payment of counter countervailing cunter countervailing duties dutes on sugar Now that the duty has been imposed upon Russian sugar there will wI be b no more exports export of the product to this country countr because the new extra duty of 91 cents a hundred pounds will wi practically exclude Russia from our market This will vill i mean a ces cessation nation ston of only worth of business a year The Russian product under the tests test quite as well wel as the American sugar It I closely resembles the Louisiana product and ha has been used us here by manufacturers since it i answers anser all the purposes of high grade white sugar The Russians have en enjoyed enjoyed enjoyed joyed a profitable pr sugar exporting bus business bust mess iness ine for they were able atle to send their t product here at half a cent a pound less lees le than the cost cot of production here President Post Pot of the National Sugar I Refining company said sid that the Rus Russians Rusi i stans were placed place on 0 the te same basis I with rith wih the te Austrians French and ard Ger Germans Germans mans inane and therefore had no right to toI I complain against the imposition of the extra duty Continuing he said Russia Ruia will wi ill not resort to retaliatory decrees dere She can buy to the best ad advantage vantage in out our OU markets market and price Is generally the determining factor fator in the business relations of peoples