| Show COST OF OE REFINED CUBAN l SUGAR NEW W YORK 5 CENTS I Tariff Commission Makes Public Preliminary Figures Covering 63 Per Cent f of the 1922 Crop s BY Y 1 If ir II r 1 Special to Tire Standard rd D Dec c The 8 t 8 TM I n average crag e cost coat of oC o production ot of the Cuban ji sugar fusar that went vent ent inc Ing 1 In n American n markets market s last lad s prin g gnas nas as IS Tents a 0 pound laid donn do n nat at the rite mill In hi Cuba accord n g t to 0 I toI preliminary figures ures covering 63 3 per percent percent cent of ot the total 1 1122 1622 22 crop com com- compiled com com- complied plied piled b bi the tho tariff lo In Ms My addition the states slats the th cost cot of ot marketing this sugar I amounted to slIghtly more fifth I one fifth of oC a n cent a pound It I is that thit figure ure Co co Coen en trans tran- to Sew New chief port ot of entry The duty dut of I 1 1 76 6 cert a pound imposed under the tariff act lct would bring the total cost co t of rim raw Cuban sugar ugar laid 10 down don n In Now New to about 4 La cents ent a pou pound nd According to the lons the tir cost costo of refining sugar Ur Is 19 placed at one cent a n pound m th the total cost ot of refined sugar ugar slight In excess ot of five tl CI e cents a pound This com com- compares pain coin pares pal s 's with a price which 1 Mi Mined c- c cried red ned between eight Ight and 11 H cents a pound approximately ly and n l cats cat's C pro profits fils ranging rj from 60 CO to more than th n per c cent nt paid bv I the lh th American consumers ot of o Cuban sugar during the period of ot prices G The slon alons 8 Ja hate II been gathered fathered after tinny months or of They The ha ha e e bep bent compiled d the commission asserts assi for the llio purpose e ot of the president In ascertaining the I Inces in the cost coat of ot production of ot sugar Rugar Ip the tho United States and In Int Inthe Inthe t the chief competing countries The figures figure nil vM 1 be b used at al the tho hearing January J li H next t nc then the Hie In tariff TIC commission slon slon Hill III bear the views vIew of ot Intel parties un on the ids oC ot educing the thc present tariff op On on sugar The TIle hearIng will bs be the llio first to tobo tobo bo 10 held bv by the Iho commission where here B a commodity of s-enel s general al C e co c et er dab USe Is I in Involved 01 erl There Thera has 1119 been be n considerable agitation for a r reduction reduction dUC- dUC tion in the tariff on sugar but the tariff commission de for Cor Corthe forthe forthe the late Jato President Harding carp earh- last lummer that the th tariff had no with the th to-I to In- In In I ruso In prices price and nd the commission's commis- commis ioni sion's decision was as announced at atlie I ho 10 tl House at the time T A r It was pointed out by y the com com- that timo time that the tho price of sugar almost 0 el night tos to s 1 greater pi eater degree decre d gr e than the tir entire change brought blought a about bout by Jy the operation of ot the no new tariff ian 1 Since th then n however honeter the commission has bas been belli a thorough ot of sugar In production at nt homo home and broad to ascertain It if production costs hn hate e materially changed for tor H is only on that basis bitis that the president and the con mission canI can I Inet act I I t Paw law sugar t ns costs cOls cost Inthe In I if the United States co both anG ane and beet and our Islan island I posse S ons dons the commission finds ate ale from flom to nearly per cent I 1 of tho coat cost of ot producing Cuban I sugar lugar carl carrying Ing from Irom 4 2 to about b 1 cents cento a II pound The s in-I in In- In j that thit the tariff In the 1 pt 1 cs nt I time tl falls ls to equal the I between costs costa hero here and in Cuba For this and other reasons Jasous ira on it is regarded here litre as l unlikely ely that isI I PresIdent Coolidge at it jho the ho ut eUng eting ot of the In Iris ini will nl l I the basis upon which lie he can apply I the flexible provisions of the th law la lato to bring about a a reduction in laI Ue the I tariff On the th other hand it Is thought likely that the adminis- adminis administration will null urge uree the tho th further e- e exi eI pan ex-pan I lon of ot the tho sugar suar In Inthe Inthe the United States to place con conium conium- InI I IS r us here bero lass at the tho mercy of ot the Cuban producer than th n it at the present 11 time timex me x P This policy tae as YI advocate 1 by bv Secretary tiry Wallace and ind other ot- ot of official hero here during the th term ot of 1 President and probably t bo be brought to the tho fore fora again by the present administration Among Amon the interested s t to present their view t to the commIssion at nt Its public hear hear- hearIng Inc Ing are arc the tho beet sugar tanner farmers The Tho Th best bet sugar u ar crop due to tariff pro pro- pro protection w was s about OO million pounds greater gr ater this year icar car than last lasta la t I a a fact hat probably saved lived the consumer from much higher sugar ugar u prices than those which pre pre ailed last spring As soon oon as an the th crop as sta available the effect of its com com- petition with Cuban n sugar auar nab a o seen en enIn In railinG falling prices price s The price reductions reductions reductions started d In and No- No November No November vember ember as 3 soon oon as s tho the bet best sugar I tamo amo amo on tho the market an S prices re- re remained re dot do don in n as long Ions liS as bee beet I sugar ugar remained a factor At the th present time lime beet sugar farmers are arc Ing guaranteed prices on th their lr beets beeta which run up to about 10 a II ton and make mo mum Cum log Ing p profitable ble on the Hie bent bed be t boll belt 1110 farmers are aro oppose to any tariff reduction Ian nook 1011 loner er the tho price of oC sugar b beets |
