OCR Text |
Show SUGAR BEETS & TARIFF Raising the tariff duty on Cuban sugar from $1.00 to $L per hundred pounds is absolutely abso-lutely essential for the main ( tenance of the sugar beet in-' dustry in our country. A men j can beet sugar cannot compete with Cuban raw sugar and pay the farmer a living price for beets. The sugar beet crop is nearest near-est to a quick cash asset of any thing the farmer puts in the soil. 'Within thirty days from the time he begins lifting his beets a large part of them has been paid for, and within ninety nine-ty days practically all the pro coeds of the season's work are to his credit in the bank or have been used to liquidate his outstanding obligations. "When the farmer puts his beet seed into the ground he knows that, whatever his output, he will, receive a certain minimum price per ton for it and that, while his financial return will vary with -the yield and possi- bly to a certain extent with the! price of sugar, there is no possibility pos-sibility of the crop being left , on his hands, or of his being! compelled to sacrifice it at a price far below the actual cost , of production. |