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Show KKASAN AISLE rKOTECTIOX In the arguments against the su- gar tariff, the assertion is made that i little more than one-fifth of Ameri-jc-a's sugar requirments is supplied j by the domestic industry, j Granting that this proportion is ! right, American beet sugar is an im-! im-! portion factor in preventing the U. S. ; from being solely dependent on for-eign for-eign supplies to fill its sugar requir-l requir-l ements. It would indeed be poor policy to allow foreign sugar producers who emply the cheapest kind of labor, to have free access to our markets on a basis that would wipe out the American Amer-ican sugar industry. A reasonable sugar tax which pro-! pro-! tects the American industry and which allows foreign growers to supply sup-ply four-fifths of our requirements. Is certainly not calculated tO' discourage dis-courage foreign competition. The mere fact that America Is pro-( pro-( ducing its own sugar acts as a stabilizing stabil-izing influence which holds down the price and saves the American people j many more millions of dollars than I the sugar tax ever amounts to1. ! Incidentally, this tariff on sugar ! saves the public just that much tax-j tax-j es which it would otherwise be forc-j forc-j ed to raise for the needs of our na- tional government, j Hence the sugar tariff supplies a needed revenue to our country on the one hand, and encourages the development devel-opment of our Tmgar industry on the j other. |
