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Show JUST "plain u. s. Tho beet sugar Industry of the IT. ij S. has been a stabilizer of prices as j it furnishes a domestic supply Inde- I pendent of foreign sources. Far this 1 ronson alono it should be encouraged nnd If need be protected by a suit- a able tarlfr that will permit It to ex- n 1st In competition wlah sugar produc- ed with tho cheap labor of Cuba aud Europe. Commenting on the sltua- Hon and thu. necessity of n sugar oar- Iff Spencer Penrose, a .director of 1 thu Holly Sugar company, says: v W "It miist be remembered that tho V If 1 1 beet Industry is different from tbo when the prico of sugar Is very low, can vacate their cano fields as they have very little mont-y Involved In tho crop as thu cane 1b only planted once In several years, bua on thu othor hand the beet growers must harvest their crop as by thctlmo tho crop is ready to bo harvested it bus cost from ?50 to J75 an aero for that season. Last fall if tho beet sugar companies had not had between ?50 , nd $76 an acre In tho crop thfv would have deserted tbo fields. A 'ho present time no beet sugar Is being be-ing sold at a profit. It should also bo remembered that tho Interests of I the sugar refining companies In tho it aro entirely different than the Interest of the sugar beet growars." |