Word: cubans
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Dates: during 1920-1929
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United States Secret Service agents tracked the shipment from the Far East, through Asia Minor and France. At Bordeaux they unofficially superintended its shipment to Cuba. Then they cabled the Cuban authorities...
...only about 100 pounds, and in consequence the advance so far entails an added expense of only a few dollars per annum to each individual. The chief result of the threatened boycott of sugar in this country has been the creation of considerable hostile sentiment in Cuba. The Cuban Association of Sugar Planters in a public manifesto laid the blame for high sugar upon the Cuban crop failure and the American tariff. The Havana newspaper, Heraldo de Cuba, advocated a boycott against American goods, if Cuban sugar is boycotted here...
...first accusing finger was pointed, out of habit, at Wall Street. A false report on the Cuban sugar crop, appearing last February, put the production so far below normal that feverish speculation ensued. Denials, contradictions, and corrections only added to the confusion and at last Mr. Daugherty took up the cudgels, armed with an injunction. But the court refused to grant the injunction, and now Mr. Hylan has entered the breach, heedless of the aphorism that "fools rush in where angels fear to tread". In a proclamation on Saturday the Mayor declared that "the government has failed to help...
Many parties, first and last, are cited as responsible for the advance in sugar prices, including " the profiteers " (cf. remarks of Mayor Hylan), the Republican tariff (cf. remarks of various Democratic leaders), Mr. Hoover, the Department of Commerce, Cuban producers, the " monopoly" of sugar refiners, speculators in raw sugar on the Sugar Exchange and " supply and demand." The part in sugar's rise generally assumed to have been played by the Government has added no little heat and fury to the controversy, thereby obscuring more fundamental causes...
Meanwhile, prices for raw sugar futures have touched a new high record for this year, and the highest price since 1920, on lowered estimates for the current crop; Guma-Mejer, the Cuban authority, estimated it as low as 3,670,000 tons. Most refiners, including American Sugar Refining, Federal Sugar Refining, Arbuckle Bros., Revere, National, Warner and Pennsylvania, have not unnaturally raised their prices for refined sugar after the rise in the raw commodity...