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Show THE SUGARJNDUSTRY Tho genornl feeling of encourngo-mont encourngo-mont In Industry and agriculture, has mado Its way to n degree Into the beet cugnr Industry, dcaplto tho pall n gloom that has prevailed for the past two years. "Th0 activity and strength of the sugar market during tho past ten weeks has nurprlsod not only the numerous body of .pessimists Tfho had predicted a period of stagnation end ruinously low prices during tho current curr-ent yoar, but also thoso who were most optimistic regarding tho p'os-slbllfty p'os-slbllfty of a broad and vigorous volume of trade once tho mnrkot was left to bo govornod only by tho froo Interplay Inter-play of supply find demand", stya Facts About Sugar, tho loading publication pub-lication of tho country dovotol to Amorlcan Am-orlcan sugar production. Tho local significance of tho sugar sug-ar Industry Is gonerclly appreciated but the experiences of tho past months mon-ths has been such as to take a lot of spirit out of the manufacturers and boot growers alike. There is no other cash crop that we can grow here on such a largo scale and still bo assured assur-ed a cash return at harvest time, a price which is nearly always known to tho farmer at tho time the soed is planted. Thoro aro a numbor of Important problems yet to work out regarding; tho beot Industry, but thoro aro' prospects pro-spects that these will be sloved in Um not distant future. In the meantime tho Industry should be maintained at a normal standard of production. Costa of production should be reduced reduc-ed to tho vory minimum by tho turners turn-ers and tho sugar companies alike, and tho cntlro Industry re-established on a basis of economy rathor on ono of exploitation. Sugar-beot, growing hao becomo n vory Important agricultural practice In ho western statca, and thoro is no valid reason why It cannot continue con-tinue to' bo a oource of profit- to the farmers and the country at largo. At any rate, tho clouds of gloom Beem to bo pausing away, and an optimistic op-timistic outlook is coming to tako poasosslon of tho peoplo. - n i |
