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Show The Sugar Trust. There is a well-informed article in , tho series on "The Great Business Combinations of Today," Mr. Franklin Frank-lin jikln's description of "Tho So- f cahefi Sugar Trust." He shows how this industry of reilning sugar is identified iden-tified with a single family, tho Havo-meycrs. Havo-meycrs. Tho present head of tho family, Mr. II. O. Ilavemeycr, is in supremo control of an industry which, under his administration, has increased increas-ed tho annual output from a single plant of the trust, tho original Have-Jncyer Have-Jncyer refinery in Brooklyn, from 300,-000 300,-000 barrels per year to 5,000,000 nearly a third of all produced from cano in America. Tho prldo of tho .Sugar Trust and Its head is that the margjn of profit between tho raw sugar and" tho refined has been lcduc-cd, lcduc-cd, find tho olllclal tables of prices do tshow that tho average margin is lower than before tho trust, and oven lower 'than tho average of tho four years in the -course- of which refineries were going into bankruptcy. "A slightly lessened margin Is its footprint. AVhllo advancing and depressing tho prlco to tho consumer as it saw fit and paying dividends on Increasing capitalization, it was not, in tho long run, enjoying tho dliYorenco between what was paid for raw and what was charged for refined. re-fined. Fear of competition, actual a. conllfc5to ovcrcomo those who wcro ftf striving after, tho sa'mo gain, may have been the impelling causo, probably prob-ably it was; yet tho result was what It Is, and iught to bear a llttlo on tho .trust problem In general." |