Proposed Embargo on Exportation of Sugar. Hearings ... on H.R. 8023, H.R. 9976, & H.R. 11113 |
Common terms and phrases
17 cents 25 cents 25 per cent amount of sugar Attorney average BARKLEY beet sugar bought buy the Cuban candy cane sugar cent crop cents a pound cents per pound CHAIRMAN committee Congress consumed contract cost Cuba Cuban crop Cuban sugar DALLINGER deliveries Department of Commerce DEWALT district DOREMUS ELLIOTT exportation of sugar fact figures GLASGOW going hoarding increased Judge Martin July June KUSKOKWIM RIVER Long tons Louisiana cane manufactured MARTIN interposing ment MERRITT MONTAGUE month November October PARKER pounds of sugar President price of sugar production profit purchased question raw sugar refined basis refined sugar refineries reported retailers Royal Commission shipments second quarter sell Senate SIMS soft drinks sold statement STUBBS sugar bowl Sugar Equalization Board sugar shortage sugar situation sumer thing tion total amount trouble trying understand United War Trade Board weeks wholesalers WINSLOW yellow clarified zone
Popular passages
Page 15 - President pursuant to paragraph (a) of this section shall, upon conviction, be fined not more than $10,000 or, if a natural person...
Page 13 - Any person, firm or corporation violating any of the provisions of Section 1 of this Act shall be deemed guilty of a misdemeanor, and, upon conviction...
Page 16 - I want to bring to the attention of the committee the fact that Cuba — that there are more ships employed in the trade to Cuba, American ships, than there are foreign ships.
Page 10 - This loan was questioned in the hearings before the Subcommittee of the Committee on Agriculture and Forestry of the United States Senate.
Page 12 - I believe that no negotiation should be entered in with the Cuban producers, and that the regulation and restriction of sugar prices should cease with the close of the present arrangement, December 31. It is true that the evidence now available points to a shortage of sugar in 1920 and to a possibility of prices in that year as high as those of 1919, or even higher. But no certain conclusions can be reached about the future. Prices of sugar will be affected not only by the incoming supplies, but...
Page 10 - ... beginning October 24, 1918, and ending December 31, 1919, and the refiners agreed not to purchase any raw sugar from any person, country, or source of supply, during said period, other than from the equalization board. The price to be paid by the refiners for the raw sugar is 7.28 cents per pound, 96° average polarization (duty, if any, paid) delivered at refinery, and the refiners to sell all sugar refined by them at a price not more than 1.54 cents per pound wholesale of refined sugar, fob...
Page 11 - I regret not to be able to reach the same conclusion as the other members of the Sugar Equalization Board. I believe that no negotiation should be entered in with the Cuban producers, and that the regulation and restriction of sugar prices should cease with the close of the present arrangement, December 31. It is true that the evidence now available points to a shortage of sugar in 1920 and to a possibility of prices in that year as high as those of...
Page 12 - ... may be lower than it is now. Consumption may be reduced by changes in general business conditions or by restrictive measures in importing countries. The present recommendation of the board is that the United States (through the board) should repeat a huge commercial venture, in the hope of protecting consumers and of incurring no loss, but with the clear possibility of having to assume a loss. The operation would involve a guarantee by the Government of extremely high profits to the Cuban sugar...
Page 12 - Government regulation all these producers might make profits higher still ; but prediction as to the outcome one way or the other can not be made with any confidence. Business of this kind may be undertaken by the Government under stress of war, but should cease now that we are at peace. Moreover, the regulation of the price of sugar can not in my judgment stand alone. The whole relation of Government to industry in time of peace Is involved. If the price of sugar is to be specifically controlled,...
Page 15 - ... may at all reasonable times after completion or during construction, enter and inspect any house, room, or other place kept open or intended to be kept open for the public performance of stage plays, or for public dancing, music, or other public entertainment of the like kind affected by any of the provisions of this Act, or of any regulations made in pursuance thereof; and the district surveyor...