GIVING MILLIONS TO THIEVES
Giving Millions to Thieves Sugar Schedule in Tariff Law "Infamous," Says Senator Bristow "HOW about the sugar schedule?" "The sugar schedule is infamous. Under its provisions, fine table sugars,...
...I can't understand how Senators, with knowledge of the criminal conduct of the sugar trust, could vote to sustain the duty that had made possible its successful domination of the American sugar market...
...Under its provisions, fine table sugars, known as Java crys-tals, that are of common use in Great Britain, cannot be successfully imported into this country, because they would be compelled to pay the same duty as are refined sugars...
...The result is that imported sugar goes to the refiners...
...They purchase it, pass it through the refinery, and add from eighty-five to ninety cents a hundred to the price which the consumer must pay...
...The Dutch standard provision, which requires all sugars grading in color above No...
...It has paid as high as twenty per cent, dividends on a capitalization of $90,-000,000, and, not satisfied with that enormous profit, over $1,000,-000 a year was stolen, by a systematic scheme of fraud, from the United States Treasury, and I am informed its employees were paid an increased compensation monthly for carrying out this criminal scheme...
...This phraeseology gives the sugar trust absolute control of the American market...
...I cannot understand how any Senator whose duty is to represent the best interests of the American people can vote for such legislation...
...16, Dutch standard, to pay the full duty of refined sugar, prevents the high grades of unrefined sugars from being imported...
...Neither can I understand why senators would vote to sustain such a duty as the duty on lead bullion, when it so manifestly appears that its only purpose is to increase the profits of the American Smelting and Refining Company and its allied corporations, at the expense of the general public...
...With the full story of the sugar frauds read by Senator Clay, and so forced upon their attention, how do you account for the fact that Senators were not moved...
...Interview with Senator Bristow in Everybody's Magazine...
Vol. 1 • December 1909 • No. 51