Ogden Daily Standard | 1913-11-18 | Page 4 | Government Should Buy Beet Factories

GOVERNMENT SHOULD BUY BEET FACTORIES. The beet sugar men in conference in Chicago, gave out a very discour ' aging statement yesterday, in which ' the forecast was made that next ) ear's , crop of beets will be the last to be marketed as the lndusfr would be unable to compete with cane sugar after 1916 Members of the Amalgamated Suga" company's directorate, including M S Browning, do not view the situation, as quite so alarming and yet they too are discouraged over the outlook If the Industry if ruined by free trade, the government should tako over the plants at cost and continue I to operate the factories over a period I of years, or until the farmers and ot!v i or6 dependent on the heet business can adjust themselves to the new con ditlons without suffering confiscation The beet Industry was established on Invitation of the government and an implied assurance that sufficient aid would be extended to prevent destruction de-struction by foreign competition Keeping good faith, the government after having prescribed free trade In sugar, should offer to make good the disastrous consequences and this can be done by the government pur chasing the factories and keeping them open to the beets of the farm ers. the farmers to receive the entire profits of the business over and aboc I per cent interest on the Investment 1 ind the writing off or a fair per cent j f the cost of the factories to cover . Jeterloration.