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Show I Cheap Sugar Improbable for the Next Ten Years at Least I West Indies and For East Now the Real Profi-I Profi-I tecrs. With Whole World Bidding Fran- ticalh for Supply All Too Small I By THEODORE R V KELLER Editor of "Sugar " r E cry Ot "rrolllrrr1 Prof It ' T '" la I thundering through the whole lengtr -1 and width of ih-se Hnlted states, and the chief gout of all s the muih abused, much misjudged AmTlran grocer-especially nbfn he charges '.A rrnt a pound for sugar. The puhllr simply ha; decldad I"! t. believefiny explanation whatever: o continue con-tinue crying about "anuses and gouging bv crorkM profiteers..' nnd to close it? eyes resolutely o any ,ii;si,,i lonH which might III irme slirht manner alleviate the present some wha t onerous rondlUone Pf-rhnp" the (ants oriented In fhta nrtlele ma ai-dst wholesale and retnil grocers throughout the country in convincing their ri"ftc.mcrs (rat the true profiteering at this t'me s jrotnc oe r the islands of the West Ind'rs an-: t l.r Far K.aM where sucar planter's reap fantastic profit from their plantations The grocer who el!s ugnr at 27, penis a pound during the man'h of July of this ya' ftbts artleie rein? written In the latter par of Marl will have to ficur" vetv etoseJy Jn orrW to come ut "" 'he right side of tl o ledger Accordlnc to nreent indlca'lnn raw fiiiM eucnr will eli for rents a pnunri ny me BBBj middle or June, and II does not seem pnsihle BBH for anv retail dealer n crh refined granu- BBH laterl near for ?r .-eni It I far more H likely thai Ihe prlco vlll he 2-30 cent iln this connection (t mai he of lnteret to the W reader to know Hint ihe writer of th arllcle BBBfli predicted 25-30 pent fo- the lattc' neri of BBH thi' summer n lone r.cn as lasi flrtbhrr) BBBfli Tt is absolutely necossnrv to oxp'nin onndi- BBHl Uons In a more hnsinesMIke wav to the puh- BBBJ' )r than bOS heen done heretofore a"d the BBH cheap politics nia-ed hv rnni officials In BBH ' various depart ment: ind hv the risers H' nwpifMre aiir-portine npnn'im Presidential csnaldates snould ''e ahapdoned a oon ms B poss'hle ror a morr rational dlsrusstnn of the actual mnditlone and th underlvlnB H ceuses ot th peculiar susar problems facing H th American "inr rrT'-nr rohher sn'l draler Whnt HxopfTiH in 191 Let us po hack B i-fOiF ami Bee what hap-penerl hap-penerl In the Inte summer of 1910 and what m".Kht have h.-iprend We have hern told that the United States Equalization Bnard Hi eutd have purchased the croaifr pan of H th- Cuban crop U cot the enliro crop a: t H price somewherr- In tin' nelfjhhorbood of ; 8Vr cents pound. wv have h" shown otYers allesoci to have heen son hv H President Mpiioo.ii of rhc inland of C'iha 'o H the t'nltefl SlHti-s Government authorities in which Nisi, f.vir-e of tin- kind wa ue-ccsteri ue-ccsteri We have nem clven to underatand tha only the delay caused hy the Illness of President Wilson and the attending inaullltv ol Hi - members of the United states Equalisation Equali-sation rioar.i were raapohalbla for the fali- ' Ir.p throupli of the neeotlatlons and that the failure of tli hoa,-d to accept Trcsl-den' Trcsl-den' Menocal'f fair and generous offer was (I e solo cause of American's sugar plight Til tnakf Interesting rrar,(nR. ery cood political ammunlTion and sounds yreaf v hn hur'ed Tfnnt the eloou nt lips of a stump orator. The tronl.le with It is that It Is no' true The writer. toRHher wilh tlir rr.-f of the ". " American public and the hulk of t h" snear frad In this country, was almosf "convinced last fall that the ahove causes v.pre the true ones and that the failure of the Equalisation Board was really th" male reason why we are paying to-da ?1 cents a pound for erannlated tiuawr Instead In-stead of 10 rent, as we did durlna thr var. If eems. however th.-it fhjs opinion ha ne er had .a solid hasis of fact. In the Course of a seriey of Interviews wit': som- of the lea dine Cuban sucar planters plant-ers In April the writer discovered to hl surprise that Ihe oOTer of President NUnoral had hepn made without the authorisation Of a majorltv of the Cuban planters There were some. It l. true, who were wllline to sei; I heir entire output for the cnaranteed sum of r, '4 rents a pound f. o. h Cuban ports, hut Iheve few planters were In need Of Immediate fund":, so that the offer of the Ci.hati President seemed a Very acceptah'e ope 'o thir depleted treasuries Other Planters of en-afer business oh'lltv and broader vision snw the Irnperdlne ue-ar shortage and realised thai now was th time when they enulrt shake off the the gal'lhg ke Which had been laid on ttelr necks dnr'ne the pat few drra'des hv the crea t American sugar rcfinlne Interests As one cf th- planters expressed it- "Up to this ear the hier refiners iiei 'o r ome down :n u oi vn a represents n P f ll club in one hand and a etierlrhooti In i lie ftl!ir If we didn't arrept whatever the ' considered i itrbt to no v us for our crop w tot a wallop over (he head' And we uatur-ailS uatur-ailS preferred a suborn nt la t rherk to a knorW-pi knorW-pi ' Mow " And then he smiled and con ;nit--d. ' Vov ; e've cot a eatline cun In ope hand md s'izar haes hehlnd us: and we can afford 'i tell pur old friend: in Wat' S'reef r.i el'her n-v n what we think 'leh r.- ro h inr' And we wern't bit afmM o' the old rltib (his 'line if 'hev had brntiarhl I- wh them Rut the didn't hrlnr l Thev h'niir'" ino' li n'k "nri of' SOSd Well i-lfh all Fin-one -dlnc n?jnl o'er to n vi'li unlimited rredlt to their arrounts and Tan m hnvtn up all the sugar it can cet fe the f-' F-'. wo don't care a continental li , rep. r-r: don't huv (1 'nn from us this serins VVe rould sell double the amount wt can raise outside of mer'ra " I Turning the Tables But d m t you think that Is rather touch fjfj, 0r thr people here in fh. United Staes?" 3( 50000 J ' the iter lentured to surest "' Well ,-ir.d If If Is!" Do von think that 3, 400 000 0 u ' four manufacturers of equip-: equip-: W) Btieill of Chemicals Of supplies, of coal oil 3 300 000 "y" eou-'lnc us to a fare ihep weP ' ' " ffA, for vears ll our turn now to do i little 3 200,000 ' couelns on our own arrount We cannot , esOfC to come out even heraue vour 3 , lOO.OOfl yj rnanufarturem and retlr.ers have heen club-Zoo club-Zoo hlne us Into submission for so rr.anv vonr 3,000 000. ' that It mill take i lifetime to e en up the jjm'J "I account Vour ble refiners used !o eoine 2,900,05001 v A dov. t. to Cub! and -av: 'We 11 clve von $H0 i oaa fv 1 Z ,on for 1 r"'r c"-nr ,,,'4 year take it or 2 ,o0 DO 00 to&L'sX Iravr it!' And we used to 'ook over lh fffifift vj '' worl-fs aiear market situation and dlrox' 2,700. OOOja A v' Wed fhal Europe was belnp fairly well stip-"oSML' stip-"oSML' A ' t i-ed hv '"term ip Austria and Russia- with 21GO0,0j0jKSj n o1'1'"'1 or n ton read; to he shlop'd 0 poo ffgf I.-- v '''. Dhroad: Asia being more than well nppled II ' ' HHS 'V 1)1 at South America bein- taken care of by Argentina and Brazil and we had C fri 0 tfOf.Nm to hrw om- beads in thinks to the ere-it - -JQ$&y&Uy '. generous refiners who were wiling to AKSSw''A i ny ,h mi),,ir"'r s"m nf ",( :i ? oa -v rtmmmyJmSk ' f'nr ;,nd fl ha,f con,R a nound? c vO.l'vJMy n&j'''. "fur laborers were going in rogs, pit- Ha' jSSSi ' fields had to rtoon for twent vears and more because no one had the ambition or In- - nnn -v-nHB ' ''vSri rentive to do xny extra planting at high i.pO'J iy ''''Wffm'v rosts with sueh low prices for the crop In ... . KM 0,'VpA - liurt the siiLrar business was going down 1 ftoA aaoBB BKvi '' 1 ' 1 ' "r ""' refiners found 'hit loLOOJjS.lftw our hanks In Cubs were strangely reluCI inl I TAA W&Kvlmm ,r ',r,an ""' rnf'n,1V 'hnf m inufartiirers o' 'U, -fti&' 'j& equifimeni were cKiremely busy on some i ir nnn EBB AfikGL''' other lob n nd that we met told shot:!, l.r- 'X'S'Vnk "" 'sr,"x sl,!' f"v-n the worm will M-n i cfl.n r,i iHmJKBkHi when you trample on It too hard, and the PwfUl JgBymBTcZ '' Jiv. ' iiism planters have a sort of hazy notion I 400 000 ssBvSS jBmt&y- 1,1 " nr,tv ,s lh "mo 10 c, ,nelr turning " ' '"i&i', ' SBm-" such a remarkable chance will never come l,3O0,00OK, .:. ..Uo yo an?Cpate any lasting results I OCCt fflaff ySgffxBWvxy from the present hleh sucar prices for ' BmBtSSm 'uba I mean isn.l from the great s'nii' I 100 0(YB?jir ' cash coming into the country?" ' flHf 'mSt y "We do' And it Is not by any mean an I 000 COObsP' ' ffzHHvx unmixed bussing Thcrs Is going to be an ' ri3 ,j9$&,5met' r'ra of n,ln price? in Cuba, which has al- 900 ODOfft ' . ' -idy gotten under w a . anj which is des- nHMp'xgflfevfia lined to la .t for some time. The laborers 850 000 ''flSffi ' maklnR mUrh money just now that SS0,myf fmp CANE SUGAR C j iiiwiii iiii-ii Tiir -rrrri " Hit -nilWllaT'-ITlflna - llll1 'iMa-fTfrTnaffiia j Europe's Sugar Crops 19l3l4 ; 1917 ; 1920 ; 1935 j I I I I I I 1 I I I I 1 I I I I i T I IN 1955 9, 50,000 TONS rv 1 y m 4 1 i I I I ' 1 y- IN 1932) 8 100.000 TONS 8 ' I ' (. PROBABLt PRODUCTION IN ' I 12 1 V 1 1 1 1 1 1 1 : 71 1 NEXT FIFTEEN YEARS , BASED A, 7 1 1 I I I I ' 7 M h- ON STEADY NORMAL DEVEL - ' OPMENT -to FORMER CAPACITY V IN 1930- 7300,000 TONS 62 1 I 1 1 I 1 I 7 1 I 6 I 1 , ' v in IQ28 - (o . 500, 000 TOMS j r 1 7 1 1 r j 5 1 -V- I 1 j 1 I 1 av 1925 - 5,600 OOO TONS 42 I , -. it 1 4 1 I , nNU-l -Ll M I 1 ,y JL in 1924- - 5.000 OOO TONS 00 J 1 1 1 1 fW YORK 5 1 ' 1 I ;; I I 1 I I r ' ' I I i i 0 LOWEST POINT REACHFD zn 191920 SEASON - 3, 800,000 TONS C2 j 1 j j 1 1 1- j o L L 1 I 1 1 ! r 1 1 1 1 1 I 1913 1917 I920 I I9.2 1924- 1925 1928 1950 i952 1935 I 1 Mnma ot ilgnrn ji tiir leti Indlestei nilUlon to. J 4 they are developing the mosl e.xtrav.iant and aprndthiifl hatiit.s. Money seems 10 h;ie lost all relative VSIUS. Artlplaa ire JumplOR In pries over nlcht- storekeepers and their clerks are mkinc more monev thac 1 hf-y ever aw before employees in the sugnr edmpa'lilefl get bonuses and salaries hteher 'ban thev ever dreamed of. and still . are clamoring foi more money because tney rad In tne tMpers of the extraordinary prices which row sugar rtlngs at this time In the world's markets'" "That seems nothing to worry over!" The writer -ndravorert to draw out the Speaker' oplnjon hy this Interruption HUh prices brim lol of nionev Into the country and among 'he people and mnke them more pleasint and satisfied with their lot." "You are wrong' " the planter exclaimed. ' There Isn t a bit of happiness and gratitude anions the people. On the contrary, they kick worse 'ban ever over the high prices charge.! in the store foiettln3 entirely the miicn mprnr wanes iney infmecur charge. And once a man has oeen paid i weekly wage envelope rontairlnc $35 to 50 as the majority of ihe sugar workmen now get he will rather loaf than work for s mere. $12 or $H as In thr- dnvs cone hv. "There n-3 a thrie in Cuhs. and f ci to Rico when field workers sot l?0 to 7." cents ; for a day's work an.l were able to live or If To-dav they pet $3 a day for ordlnarv field labor and still are grumbling. Then there Is another point to he remembered; The product which Is I timed out at the present time in onie factories at the present pres-ent high rate of wacea must be -old and consumed In later vears This mean" that !f a piece o: machinery Is turned nut to-dav at present high costs an(1 Is shunted from nni manufacturer to another until it finds its las'lns place In an installation which will he completed three years hence, the buyer Of that Installation will have to pay for to-dav's to-dav's crazy wace rates' As to Reasonable Rates "Ivven If the crops next two ears are bigger and better than ever before, and th" men should suomlt to a slight reduction In ihelr wasi - I do not think that prices In general can ever return to anything like pre-war tlsures. becau.se the ramifications In the sugar Industry are loo great and prices are dependent upon too many Interwoven Inter-woven factors to readjust themselves without with-out reference to other Industries Just ns the price of sugar really did not rise much unUI the r.thei Industries had reached nearly near-ly the peal' of their rises, so it will be much longer before thP sugar industry again comes down to more reasonable figures. At nn1' rate the figures to-day are reasonable enough ! " "Do you mean that vou consider 20 cent raw sugnr reasonable"" The writer was surprised nl the seeming earnestness of the planter. "I do not mean exactly 20 cent sugar, but I believe that a price of from 12 to 1 A cen' Is absolutely fair'. You must not consider the abnormal price of I '4 cents In the period Just preceding the war as a criterion of what sugar should sell for. The conditions were abnormal and the price was abnormal. Large capital was invested In Cuban plantations plan-tations the crops were rich and the western west-ern world was well s-upplled with sugar. There are plantations which live from hand to mouth. The must sell the flr.-t part of J :ROPS of 1914- and '920i 4AUR .JAFN BRAZilI PFRU I MEX I A l l 1,1 OTHER OOUNTTSiFS gggjgassaisasBMiiMi imibw sn i larrmr i amiiiiiiinnuiiinmtnninniniiinnifnii the output at once to an cash buyer in oider to obtain the money necessary to huv Ihe c-iiv from theli minims In The r.econd anel third months of the grinding season. in January the refiners are offered sugar from all sections of Cuba In such plenitude that ine plainer necessarily outbids the other dragging the price down to a level at whic h the raw sutrar is actually sold it a lo's Later shipments may command better price when the great necesnlty of Immediate cah is no longer presslnc ihe planter, It 1 then that the refiners can dil (ate the price at which the will huv. nnd tint was the price which Obtained be-fe.re be-fe.re the war on several occasions In Cuba It rsrtslnly was roi a 'fair' price, and 'he rest-It of It was the comparative negjert T'n which the Cuban small plnninllons had fallen nt that time "vVheff th" war started Burppeah comre-tHIon comre-tHIon vantohed and the Cuban nlanter had a chnnce to collect some profit from his plantation nf'er ears of lnses Mow H'tle the majority of the planter" realized the situation rin be ludffed from Ihelr tov and ratlafactlon' when the cent price wa set h- the I'nMed States RqUallSStlon Pnarel The nversr pianter discovered to hl n-tcp.v. n-tcp.v. pleasure that he ro lengbr had "o v n-rv iV.e.it ?ell(tHT his cron: he no loncer had 'o uhmlt to bullvlng hv powerful Interest" In-terest" whose so hnslnesc it was to force the price of StltMr down to the lowert point rncjtve he va guarantee! a flit rate for nil ,'he cnrar he could deliver, wlihout QUfbblJna abpul pn-ment: and trrms he as even rrlven substantial cash advance payment n enahi him to ro through the seaon without 4'fllcaltlM The relief from the wor-e of nasi vears was so rrat that a wave of ont'mhm wept th Island." What the Planters Protest Now Yes' And now the same planters kick hecau-o thev were offered an Increase of 1 rent for the 120 crop Why?" "One cent Increase amointed to about tfitA ner cent PTvervthlnc else In staple nr'i.Mev- and in equipment had rlen more than 21 per cent some nf the npplle nnd chemicals more than SO ner cent and a few cn more than 100 per cent The planters learned to think during the weeks It took tie fulled Ptat"" Government to decide n-l-eth-r it wanted to huv the crop or not tnfl rlurlne IhH period er thinking agents came Into the Island from European Power and aKn from American speculators who called th" attention of the planters to the rreat surar shorta and tried to make contracts fo- future dellver of rates which Increased Sradually from week to week until a 'r-iitic scramble fo-- eontracts de- ve'o"" li th late Pall of 1913 "Bidding against each other, ss in a public S fiction room, prices on sncar beiran to na' ovove all flcures which had heen considered high heretofore The amard planter were swept off their feet and not few of then, celr" th'lr entire cron for 1920 at Dripj? rnnglns from I to 10 cer1t a nonnd When is iolnt had heen reached, thos more fortunate or mere shrewd who had held on t.. their crop decided to wait still longer In order to see "which wav Ihe cat won'd lump' There was lull In the htivInT and sellln-ipo sellln-ipo In the meantime the iikar BhOtage In t United States passed ."ll popular ex- pectatlopa "A veritable pahlc liersn and sDeculator .again Invaded Cuba, flashing higrer and blg-it blg-it rolls of cash and checks In the face of tn surprised planters. Cubans could not Understand the situation. Thev could not or would not realize the enormous world short-:.g short-:.g and the tremendous demand for iigar. 7elr vears nf hitter cxperlenre with .the-nfinlng .the-nfinlng lnterets had taught them caution, end they figured a bird In the hand worth I wo In the hush. Thev sold the greater part of their crops to agents and speculators on ivy deposits r- tlr.ie of contracts. Outlook for Next Year's Crop. 'The refiners themselvo have been caught ic. the vortex of events and have been locked nut of a market which thev formerly con-t- lied It Is to-dav an open secret that nme of the very greatest refining companies i. v had to accept raw sugars purchased months ago bv shrewd speculators, and pav frcm 6 to 8 tents a pound more than these speculators paid'" "Do you believe Cuba will raise a much :t.rger crop next year?" "Frankly. I don't! There are many reasons. rea-sons. One Is that everybod Is so busv i-iklng money from the piesent crop, and installing additional and new equipment In rtSM of stuff that has outlived Its useful- r.e Ion; ao. that they do not plant additional addi-tional acreage. The colonox are making so much money from their present holdings IJraSSeaiSSSMIMIMI'MIMIWSSMIWISSIgiLJSJU iiiii'iiiiiiiiiiiwiiiiiiiiiiiiiiiiiiiiiiniema ississw ssisaaAjSUaitJiasiaaesiaaaBflBMBH 1 rJsaaaaaaa that they are perfer-y satisfied. Additional colonox are hard to find, because there Is a nip demand for labor In Tuba In nil kinds pi trades and Inrlustries and new recruits are few sn'' far between. "It is mv opinion that Tuba will not produce pro-duce In l'21 as much as the optimistic estl-m estl-m te Tor 1020 named. That Is lo say. about l &JQ ooo tons "And T believe i am telling the truth when I vav that ever Cuban central has to-dav rrders and prospects nn lt books or In "Iglit taklnc care of their entire output next ear If will be manv manv years before r ttbans win have to search for buyers for their sugars It will more likely he putting up a sign al the general oflios; Tre spectlv brer- of our surar please form in line at the right with certified checks ready V 'he attitude of this planter Is fairly repre-scr.lnthe repre-scr.lnthe of that of man others with whom I tallied They do not feel as if they were profiteering In the proper sense of "he word True, they were getting rnore money for their sugar than ever before and many of them are makinc profits of 100 per cent, net obove all expenses anil depreciation But they honestlv believe that they are entitled to such profits to make up for 'he manv trap years hetwi-en lSn and ISlt years when It xomttimcs appeared as If the entire cam sugar Industry was doomed because o' the remarkable headway made In Continental Continen-tal l-.urope with the beet sugar crops. The Brussels Convention results aJon saved the crane sugar Industry from disaster, and the abolishment of Government bounties boun-ties on exported heet sugar gave new hop-' to ihe distracted cane planters It took them. many years to uather strength for a real flfiht with the ever prowlng beet sucar Industry, and the outbreak of the war founel Ihe two forces fairly evenly divided fTIi world's cane sugar production in Ifl3-ll was 1 1,511.537 tons, while the beet sugar ou'.put amounted to 9.S11 333 tons ) World's Output Since the War Since the outbreak of the war the cane sugar output of the world has been Increased to 12.672.100 tons, a gain of only klJS.573 tons In six years: In the meantime the best ei:gar crop dwindled from 9.81 1.116 tons to 2.S27.500 tons a loss of practically 6.000.000 tens, leaving a net deficit In the sucar supply sup-ply of the whole world of A. SCO. 000 tons. These figures are absolutely rellablp and are based on Information from the various sugar ptCKlucIng countries received by the writer up to the beginning of May The charts herewith should require no additional explanation. They show In a graphic and easily understandable mannor the present situation as w-eii as the situation situa-tion existing in 1313-14 The chart representing th bet sugar production of Europe in the same two year elected for comparison In the cane sugar Industry speaks volumes' No one who is Ir. the least capable of appreciating th s!pnlfic.ancs of production figures tin fall to grasp the ominous message xpres?d 'n KPISlX ! laSi IPHfc Elllllllillillillilllllillllllllllillllllllllllllill! MM th.- drop that tx' nlace between 1313-H My' and 1919-20. And to itho still greater slg- Bcf n'ficancc to this particular chart fhe writer t Kg has endeavored to construct from Indications ' n.v visible throughout Europe the nrobabls production eurvo fr the next fifteen years TJr in dotted lines These continuation line: Jf ore based on optimistic views- they are ex- prrsslve of the hopes which fill the breasts ' cf European nations; they are Indicative I of the utmost which can be expected from lj rj ItiTope In the next five years. tWf ''! Can any one fn 11 to realize tl.e critical K-v situation In the world's sugar Indus- K V.; 1 1 v after studying these charts" H 's L- p MMp tint a lot of abusive stump orators iWffK I ' ' 1 1 r 1 1 t tv-pi f-r reporters "in 1 uL. continue to rave about the "gouging by r- 7 tallers " about "plenty of sugar In sleht. I Wft if It were onlv ni operly distributed:" Th I o'rlch who stl.?ks his hjSSd Into the sand I e.rd Imaglnet! Ihe h inter con 'I ee him bs- k . CauSC he can't " the hunter is a wise- j ',.'r' rilel bird comnared -with the agitators who see.- the raii-'e of hlch sugar prices an1 iJr r the BCardty Of SUgar In petty profirrei-mg j ;'rlcd on hy the corner trm-er or the job-ber job-ber in Front strce. New York America's Real Problem The problem facing the American peon's IiB''v dt.'fns the nr! three or four vears. I un so rr.nch to limt oi.t the elusive profiteer ns to t'i medy the shortage p and. of coirt-e nn ,y' ' i.: STt tin Hy existing shortarre can be reme-dle. jJJ-, V only ir. tvo w.i v s either h Increasi.ae th r$V upoly or hv decrealng the consumption. ' I Is lo ne hoped that the Amerlctn peop h -! ' wl'l do bath, and the writer would like ro wl-'ir offe a f w s:u'erestlois hv which this micht lj; '- h accomplished without anv Inlurv to IptijiJili'l ma nnfact nrers. dealers rlnel consumers of m' . gram ''-ii sugar These sus-gestioni are. j) I, A Coernment ord-r forhldcllne the use Bv of re'lned gmnhls cd o'lcnr In the minn- Bs 1. tUTS of raPdfes. oft flrlnks preserves M anel canned roods of all kinds It l imnlv i '"pf ranee nnd p'etudl'e on the nart of, tha 3; manufacturers which demands refined cran- nt-ite,1 :ii?ar for tVen ptirpOSSS PUllS rn per cent, of all refined surar used for fhe purposes can he snnn!anted hv clarified Irlf SVTUDS hv pe.aitne and other grain syrups. 15 ap1 bv h'earbed molasses ' 2 i ttlhtntlon r.f snwdnst and other w-ood L; trimmings for the manufacture of dextrose. Be 1-. arcerdle?' tn ce--eral natented procees WvJ1 evooed In Kifope durh c the war The U ' "wwrl'il" ucars are. of course, not refined Bij grsnnls'ted ervstnls of Pi-M0- 0ii hut 'or Bji;. n.anv kinds of man'ifaef urine the are lust a- eod as the very finest cane sucar or heet BJ si i car u! 3 A strict embarco r,n all sumr from anv American port whether th's sucar Is being reHeed "on to!!' or not' If QfSSt Brits In anel other European . , j Power are ab'e lo huv Pllhnn SUCST 'herehT r retro-pe- a possible supplv from our otvn V i tSbles these same European powers should ifl find their own refinlnc establishments and not add innit to inJur vy hating Cuban Bkaw raw suear hroughl to New York and there F , refined for Hrltlsh consumers. Peonle who E wit.-h eamers arriving with thousands r,f , nfegElBH. ions of raw sucar sec It refined In Rrooklvn o- on the other side of the Fluelson anel then J I shinned out of tha country are apt to hs 1 verv sarcastic and Insulting when they are I 1 told that "there I no sugar to he had In New 'j I' Trit. and there won't be any for several k, B weeks.' KjaBjfcj., Nobody denies Croat Britain or France. I J. i TQNS BEET SUGAR CROPS 3,150,000 mm of 1914- 57 020 loZ- I '9I4 T 3.8M.335 TONS b: 2,700,000. M 1920 H " 3,827,500 l'.0O0 1 DECREASE -5,983,835 2,250,000 H 2 100 000 IS NET" DEFICIT in WORLD ',950,000 ; If -,88,276 tqn5 1,800,000 . Hj jm i 200,000 . THcgKKELLE GERMANY RUSSIA AUSTRIA I TA1Y I ALL OTHEp HUNGARY ' rcANLE COUNTRIES or Italy the right to purchase any and all H sugar they can g ' n Cuba or anywhere Jtfu ' el.e In the world Th -y certainly hue as -j! ni", h right to the riim erop as the Amor:- I ..r peir!r) have, provided they are wllllnr g ; ' to pay the price the Cuihani ask But not vtJ'" one of them has the iht to demand that 4 thin country shall refine this same sucar for tl 'ni and ship It to lhm Thu s wYre the t -N ehlef trouble arise., and Is hound to continue t as loni: n this hflhlt 1 maintained. lr l.-An immediate Increase in the prod tic- Jt tior of heet sugar and cane sugar within the I'nlted Statea territory. Every sugar wLm man knows that there are vast acres In this bh great land where sugar beets can be grown js advanta geouly and sugar made profitably. (. 'AW And ever sugar man knows that there ars 5&k hundreds of thousands of acres In Florid 5W wl.epe pane can be grown to a state of perfect per-fect maturity and sugar made in large quantity quan-tity at a price which compares favorably J, with that of beet sugar and approaches In fccS! cost the low priced Cuban sugar. When P9p fifteen or twenty additional large sized sugar factories begin to turn out their crops the Efl effect will make Itself felt within two or . i three years. An additional supply of some K 9 300.000 to 600.000 tons annually would mean Just about the difference between a shortage and an adequate supply. Every student of economics knows that li I r.ot the amount of any product con- I sumed or available which rontrol.s the price. ' I hut the difference batween 'he suppi on hand and the demand at that moment. BT iiiiiiiiiiiiiniiuimmiiiiiiioiiiiiiiiiiiiiii j ! aMAat |