Show Of OfU U I S COIN IN CUBA SUGAR Official Statement of American Am Am- American American Control Made By Official ABSENTEE LANDLORD Dollars Sent to Work Wor Under Flag of Another Nation fly lly HARDEN X coU Special Corr Correspondent nt or o nil Ill Standard Copyright 1925 by the Consoli- Consoli Consolidated dated Press Association W ASH April 11 DIe 11 DIsclosure closure of the extent to 10 whIch American capital has been Invested Invest Invest- Invested invested I ed In the Cuban sugar Industry Industry- Industry Industry- presumably of ot great value alue to the th tariff commission and the president In any readjustment sought or con con- contern con tern plated with respect to the sugar tariff has tariff has just been made official officIal- officIally officially ly for the first time by the Cuban Cubar embassy here The Investment ac aC 1 cording to Arturo Padro Cuban Cubar charge exceeds 1000 00 00 0 0 I In a very literal sense the th I charge asserts Cuban sugar sug-ar pro pro- production production production Is la an American enterprise More than GO 60 per cent of the Cuban crop of 24 1923 or 2 tonof tons of sugar came carne from American American- owned American I owned mills milla ABSENTEE J heretofore efforts have been I made to estimate the American In- In investment In Investment vestment In Cuban sugar planta- planta plantations plantations lions and mills and the extent to toI which American dollars I the industry but all estimates have been unofficial and more or Of less I guess work In the tho light of the newly revealed figures coming I from the Cuban government Itself th tb are set at rest and I the Cuban sugar Industry is dis disclosed dill dis- dillI disclosed I closed largely In the light of ab absentee ab- ab landlord holdings the land land- landlords landlords landlords lords being American citizens Efforts at tariff revision osten osten- ostensibly sibly emanating from Cuba are arethus arethus thus disclosed as being of prime In- In terest Lerest to Americans approximatelY in l lii number largely resident In the United Slates States whose whoso dot dot- dol dollars dollars lars late have been put to work in the Cuban Industries Senor Benor statement of con con- con was first as a part parlo-a parlo o a Cuban Cuba night program put on th the air nil by a local broadcasting sta la Lion The address was a II short one sandwiched between musical num num- numbers numbers bers bees and appears to have escaped general attention REi ON OX SUGAR For the sugar year ear 24 1923 America obtained said the charge tons of its sugar supplies tram Its own western sugar beet fields and the tho cane fields of Louis- Louis LouisIana Louisana lana Iana ana Texas Hawaii Porto Rico the Virgin Islands and the Philippines I And Cuba supplied tons Hi rn addition to furnishing one mit- mit I lion tons one of sugar to other coun coun- countries countries coun- coun countries tries After pointing out that Ameri Amen owned can-owned sugar properties in Cuba produced that year a total of tons Senor Padro continued con- con tinned Linued Those tons were tons more than the total sugar crop produced under the American flag in continental United States and Its Us Island possessions In other othel words American capital In Ameri Amerl- Amen American can mills In Cuba produces tons more sugar than la Ls obtained ob- ob tamed from from the beet sugar states and from the cane plantations ol ot Louisiana Texas Porto Rico the Virgin Islands Hawaii and the Philippines taken together UNDER CU CUBAN CUX FLAG CUBAN X FLAG G This statement Is of ot great In- In Interest interest terest to American economists as It 11 discloses officially what many had that surmIsed that Americans domin- domin dominate ate ato the Cuban sugar Industry and that American capital Invested in adequate to In- In Insure in in Cuba is virtually sure sufficient sugar to me meet t any ony shortage In American supplied by producers operating under the American flag In other words the Cuban sugar Industry so far tar aa as American consumer are concerned Is III an American Industry although operating under the Cu- Cu Cuban Cuban Cu Cuban ban flag This situation was amplified by Senor Padro Thus the United States depends for or her sugar supply more exten exten- extensively extensively extensively upon Cuba than upon her own territory And at the same time American Investments tn n In sugar ugal Industry have become cor- cor correspondingly cor correspondingly large With one bil- bil billion bil billion I lion dollars Invested In tn sugar mills In Cuba and an additional 50 I I In refineries along the l At-l At- At seaboard almost wholly de 1 de- de dependent dependent pendent upon Cuban sugar the continued prosperity of ot the Cuban I sugar plantations has acq acquired lr L 11 a vital United States As the demand tor for Cuban sugar augar grows we can increase our OUI output cuba can easily produce five mil million mit- mit Illon lion tons of sugar annually and ata at ati ata ata a lower cost than any other source i of sugar tugar available to the United State Statu In fact It Is to be confidently confidently dently expected that Americans will continue to occupy a dominant po po- po in the production prod ellon of Cuban sugar |