Word: beet-sugar
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...Stimson in a protest. The beet-sugar industry (Colorado, Wyoming, Utah) complains that it cannot meet competition from Cuba and the Philippines. To protect its market, it would raise the world sugar duty from $2.20 to $3 per 100 Ib. Cuba, enjoying a 20% differential, would pay $2.40 per 100 Ib. instead of the present rate of $1.76. Such an increase would add $90,000,000 to the annual U. S. sugar bill. Even with this protection, free sugar from the Philippines landed in New York at $3.55 per 100 Ib., would still menace the beet-sugar industry, claimed...
...interested. Congress settled that question by saying "No!" The latest division was on the question of the sugar tariff. The Commission submitted two reports to Mr. Coolidge. One said: "Employ the power of the flexible provision of the tariff law to raise the sugar tariff." The other said: "Employ that power to lower the sugar tariff." The President is still meditating on this advice. But Mr. LaFollette, quicker to express himself, cried out that the tariff should be lowered, adding that the beet-sugar, high-tariff group were out to prevent the reappointment of Commissioner Lewis, who voted...
SEMINARY IN ECONOMICS. "The Beet-Sugar Industry in the United States." Mr. M. H. Salz. University...
...bounty system creates a sugar industry. - (a) Establishment is unusually expensive and difficult: U. S. Dep. of Agr. Bulletin, 29, p. 50. - A bounty tides over the critical time of beginning: Sherman and Allison, Cong. Rec. 1889-90. - Beet-sugar industries have be n built up by a bounty system abroad: Lalor's Ency...
...payment of a bounty would be a just and satisfactory method of reducing the surplus; (c) in this case a bounty would be better than a duty.- John Sherman in Congressional Record, Jan. 18, 1889, p. 931; Hamilton's Works, Vol. III., p. 246; (d) The beet-sugar industries of other countries have been built up by the bounty system.- Encyclopedia Brit., Vol. XXII., p. 628; (e) state aid has been an important factor in building up other industries both at home and abroad.- Lalor's Cyclopedia, Vol. III, p. 818; (f) a bounty would encourage the domestic production...