OCR Text |
Show NECESSITY FOR BEET SUGAR. A prominent European sugar producer on a recent trip to the United States expressed the opinion that prohibition was tremendously tremen-dously increasing the consumption of sugar in this country. He estimated that by the end of 1922 our consumption of sugar would have been increased from 750,000 to 1,000,000 tons a year. This opinion merely emphasizes the opportunity for development develop-ment of the American beet sugar industry. This development, however, hinges upon the ability, of the industry to meet competition competi-tion of sugar produced in foreign lands on a much cheaper wage scale than in the United States. It is to offset this difference in cost of production under American standards of wages and living that American farmers and beet sugar manufacturers are asking a moderate tariff to protect pro-tect our beet sugar industry and allow it to meet foreign competition competi-tion on an equal basis at minimum prices. American beet sugar is the safeguard which prevents us from being absolutely dependent on foreign supplies. We do not wish to shut out foreign sugar which is needed in this country but we cannot can-not afford to have foreign sugar to wipe American beet sugar ,off the market. |