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...this sweet confusion there is one thing that makes Mr. Babst fairly boil-importations of refined sugar. Up to about ten years ago, virtually all imports were raw sugar, and Mr. Babst and his fellow sugarmen refined...

Author: /time Magazine | Title: Business: Sweet Squawk | 3/22/1937 | See Source »

...that point, inscead of hearkening to Mr. Babst's preliminary squawks, the New Deal froze the situation by dividing import quotas between refined and raw sugar. Mr. Babst was thankful to have the growth stopped but now with the Jones-Costigan Sugar Control Act coming up for extension, he wants the tropical refineries cut off altogether. Three U. S. refineries have been closed, says he, and most of the rest are operating far short of capacity...

Author: /time Magazine | Title: Business: Sweet Squawk | 3/22/1937 | See Source »

Using every appeal from health & sanitation to defense of the U. S. laboring man, Mr. Babst has carried his case to the public in speech, statement, advertising and labeling. In his brief to his stock-holders last week he argued principally on the ground of national safety. "In spite of war or drought, civil disturbance or disaster, the home refineries always have been able to obtain raw sugar in some quarter of the globe out of which to make the refined sugar requirements of the Nation," rumbled Mr. Babst...

Author: /time Magazine | Title: Business: Sweet Squawk | 3/22/1937 | See Source »

...Babst's patriotic appeals the public has remained apathetic. The entire U. S. cane sugar refining industry, highly mechanized as it is, employs less than 15,000 workers. Housewives and voters are likely to feel that sugar is basically the same whether it comes in barrels or packages, whether it comes from a refinery in Brooklyn or Cuba. Moreover, some 80% of the refined imports flow from the Caribbean, minimizing the probability of interruption of the nation's sugar supply in case...

Author: /time Magazine | Title: Business: Sweet Squawk | 3/22/1937 | See Source »

...apathetic to the Babst propaganda is big Hershey Chocolate Corp. which refines sugar for its candy on its own plantations in Cuba, hence wants no change in tariff or quotas. When the Babst brief appeared last week, Hershey's P. A. Staples, in Cuba inspecting his tropical refineries, hopped to a telephone with a derisive counterattack to U. S. editors. "For the last several years we have been treated to the spectacle of the domestic refiners masquerading as farmers and trying to hitchhike on the farm relief wagon, although all refiners of sugar are solely middlemen who have...

Author: /time Magazine | Title: Business: Sweet Squawk | 3/22/1937 | See Source »

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