OCR Text |
Show WORLD'S SUGAR SUPPLY SUP-PLY IS, DECLINING I !- Present indications point to i farther material decrease la the world's productioa of sagar during the coming year. It is la those countries which normally nor-mally produce a large surplus of sagar sa-gar aad which depead upon shipments ship-ments , overseas to find markets for the bulk of their output that the greatest decline la production Js Ukely to occur, due to lack of 'ship tonnage. - In the continental United States which should be relied apoaaader these conditions to increase it production, pro-duction, the high prices commanded by other crops have cut into 'the-sugar 'the-sugar acreage aad threaten to deplete de-plete It still farther. Our beet sugar factories have sufficient suf-ficient capacity to handle a much larger outturn without any new construction. con-struction. The companies operating these factories are willing to extend their production on the smallest margin that will cover the cost"of operation, but neither factories no? farmers can be expected to increase the scope of their activities when confronted by certain 'and heavy losses. los-ses. The only way of doing this Is to permit the establishment of a price for sugar that will make It possible possi-ble for the sugar .companies to pay growers a rate remunerative for the use of their labor and land under the circumstances created by the war. The policy of restrictions should give way to one of stimulation stimula-tion It we are to avoid a continuous shortage of sugar. 'More sugar can be had for next year, but It will require prompt and broad vlsloned action by the 8ugar Equalisation board to make possible an Increased domestic supply. |