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Show I Uncertainty in the Sugar Industry. , B The worst aininity yet is foumfin eome of the stuff that is going the rounds ( jB of the Nebraska papers about tiio beet ' B sugar" Industry. It is based on the sup B position that tho Nebraska sugar ' B factories have received iu bounties and , B from tho sale of sugar about 48.50 per ' B ton for every ton of beets they hnvo fB handled and that as it costs thorn only , B $1.50 per ton for manufacturing they B have been clearing up a slick profit of ) B 7 net on evc-iy ion of beet-' This would B be highly interesting if true. The only I B holo in the skimmer is that it isn't B I B If it could be demonstrated that after ' iB paying fl per ton for beets, n factory B could net $7 per ton in profits, capitni B would be tumbling over itself to rush B into such n lucrative business and B factories could be had for the asking! B As a .matter of fact, if the immense i B capital ($250,000 to 500,000) required to jH establish a large beet sugar factory ' B could be certain of dividing an averago B of G or 8 per cent per annum for tho ' B next five yeais, after paying; all expenses B and charging off a reasonable sum for B depreciation, it would bo far more B attractive to investors than tho poteibil- JM tie of large profit b with th risk of no iB profits at all. 'IB Itia the uncertainly regarding sugar B prices, in view of Europe's increased 'H export bonlities and foreign competition (51 that now makes capital timid. On top B ot this discouragement comes opposition t B to tho development of the induetry from B I ignorant people in the very states and.. v . . 4$ I B localities that most need a homo market" ' 1-7a- vB for a new and ' profitable crop,, Tho ., h. , M ItroubleJnjthisrNebraska'caaQ eeeriMLitOjLS.L, ' , H oe thnCpoTiueai nnde7$onalvoieptefliNK. ,M are being mixed up with tho discussion, T"B of the legiti.-uato sugar industry. Wo j :B don't care n fig for anybody's political B aspiiationsf but wc do want to see our B western farmers pocketing ttie lion's B share of the $100,000,000 now sent i fl abroad every year for imported sugar. IH Orange Jutld Farmer. B t B |